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Jim:
Please include me also.
Thanks
Don Hughes (daringdon@xxxxxxxxxxx)
*********** REPLY SEPARATOR ***********
On 7/22/98, at 6:28 PM, Jim Greening wrote:
>Hans,
> I've got a MetaStock import file with my formulas, tests,
>explorations, etc on it. If you want it yell and I'll email it to
>you.
>
>Jim
>-----Original Message-----
>From: Hans T. Hingst <hhingst@xxxxxxxxxxxx>
>To: metastock@xxxxxxxxxxxxx <metastock@xxxxxxxxxxxxx>
>Date: Wednesday, July 22, 1998 3:30 PM
>Subject: Re: Tema
>
>
>>Jim, sorry to trouble you. Everything is working fine today.
>>
>>I have no idea what (if anything), I did different, but after copying
>your
>>formula (from the original of this post), directly into the System
>Tester
>>(MS 6.5), and running it over several charts, I got what I described
>below.
>>Anyway, today it works. Now all I have to do is figure out how to
>interpret
>>the results (I need to go back and review your post).
>>
>>Thanks again,
>>
>>Hans
>>
>>-----Original Message-----
>>From: Jim Greening <JimGinVA@xxxxxxxxxxxxx>
>>To: metastock@xxxxxxxxxxxxx <metastock@xxxxxxxxxxxxx>
>>Date: Tuesday, July 21, 1998 3:15 PM
>>Subject: Re: Tema
>>
>>
>>>Hans,
>>> I haven't gotten any idea, they work for me <G>. Exactly
>which
>>>test did you select and how did you select it? Please give me step
>by
>>>step detail. Also, was it a test copied from a test I posted or was
>>>it from my import file. Are you using MS Version 6.5?
>>>
>>>Jim
>>>-----Original Message-----
>>>From: Hans T. Hingst <hhingst@xxxxxxxxxxxx>
>>>To: metastock@xxxxxxxxxxxxx <metastock@xxxxxxxxxxxxx>
>>>Date: Tuesday, July 21, 1998 3:00 PM
>>>Subject: Re: Tema
>>>
>>>
>>>>Hi Jim:
>>>>
>>>>I entered your Tema Formula into the System Tester and have run it
>>>over a
>>>>number of stocks w/o getting any results. The Tester tells me it
>is
>>>going
>>>>to run 6 tests and when the "completed" window appears, the
>"Reports"
>>>button
>>>>is greyed out. Any ideas as to what I may be missing? Thanks.
>>>>
>>>>Hans
>>>>-----Original Message-----
>>>>From: Jim Greening <JimGinVA@xxxxxxxxxxxxx>
>>>>To: metastock@xxxxxxxxxxxxx <metastock@xxxxxxxxxxxxx>
>>>>Date: Wednesday, July 15, 1998 5:45 PM
>>>>Subject: Re: Tema
>>>>
>>>>
>>>>>CMA,
>>>>> I'll copy an old post below.
>>>>>
>>>>>Jim
>>>>>--------------------------------------
>>>>> The Rsquared, S/C,MFI test is based on linear regression.
>>>>>RSquared is a function that measures how strong a data array of
>>>given
>>>>>length is trending. A return of one correlates to a very strong
>>>trend
>>>>>in either direction. A return of zero correlates to no trend. I'm
>>>>>using it to tell me when there is no trend over the last 21 days,
>or
>>>>>that rsquared(C,21) is less than 0.15. Now that we have no trend,
>>>we
>>>>>would expect one to start in the next 5 to 13 days. If one does
>>>start
>>>>>we want to determine the direction and get in early. Therefore
>>>>>Rsquared is used as a trigger, using it as an ALERT function.
>With
>>>>>the ALERT given, if all the rest of the conditions are met any
>time
>>>>>within a 13 day period, the buy signal will be generated. I'm
>then
>>>>>using S/C and MFI to determine trend start and direction.
>>>>> S/C is nothing more than the normalized 34 day LinRegSlope of
>>>the
>>>>>close. I normalize it by dividing it by the close so charts are
>>>more
>>>>>directly comparable. I also multiply by 10000 just to get numbers
>>>>>between 0 and a few hundred. Finally I apply Tema smoothing to
>get
>>>a
>>>>>smoother plot. The theory is that if S/C is rising then a uptrend
>>>is
>>>>>in progress. If S/C is falling a down trend is in progress. I
>>>check
>>>>>this by making sure that tema(S/C) is larger than an optimized
>value
>>>>>(opt1) and is rising. I use the function HHV(X,5) = HHV(X,13) to
>>>>>check. This is just a quick way to determine if the most reason
>>>>>values of X have been rising. If the condition is met, then S/C
>is
>>>>>rising. Similarly if it met the condition LLV(X,5) = LLV(C,13) it
>>>>>would be falling.
>>>>> I double check the result by also making sure that MFI is
>also
>>>>>rising. When all conditions are met within 13 days of the alert,
>we
>>>>>get a buy signal. The converse is true for a sell signal. Since
>>>the
>>>>>market is biased upwards, I add two additional checks for the
>>>short -
>>>>>MFI less then 0 and the 55 day variable moving average falling. I
>>>>>close the positions when the trend has stopped. For the long
>>>position
>>>>>I check that the Tema(MFI) is below 0, the Tema(S/C) is below opt
>1
>>>>>and a 55 day exp moving average is falling. Short positions tend
>to
>>>>>move faster, so I only look the 144 day moving aver to begin
>rising
>>>to
>>>>>close that position. The complete test follows:
>>>>>
>>>>>ENTER LONG:
>>>>>Alert(RSquared(C,21) < 0.15,13) AND
>>>>> Tema(10000*LinRegSlope(C,34)/C,34) > opt1 AND
>>>>> HHV(Tema(10000*LinRegSlope(C,34)/C,34),5) =
>>>>> HHV(Tema(10000*LinRegSlope(C,34)/C,34),13) AND
>>>>> HHV(Tema(MFI(55),55),5) = HHV(Tema(MFI(55),55),13)
>>>>>
>>>>>CLOSE LONG:
>>>>>
>>>>>Tema(MFI(55),55) - 50 < 0 AND
>>>>> Tema(10000*LinRegSlope(C,34)/C,34) < opt1 AND
>>>>> LLV(Tema(10000*LinRegSlope(C,34)/C,34),5) =
>>>>> LLV(Tema(10000*LinRegSlope(C,34)/C,34),13) AND
>>>>> LLV(Tema(MFI(55),55),5) = LLV(Tema(MFI(55),55),13)
>>>>>
>>>>>ENTER SHORT
>>>>>
>>>>>Alert(RSquared(C,21) < 0.15,13) AND
>>>>> Tema(10000*LinRegSlope(C,34)/C,34) < opt2 AND
>>>>> LLV(Tema(10000*LinRegSlope(C,34)/C,34),5) =
>>>>> LLV(Tema(10000*LinRegSlope(C,34)/C,34),13) AND
>>>>> LLV(Tema(MFI(55),55),5) = LLV(Tema(MFI(55),55),13) AND
>>>>> Tema(MFI(55),55) - 50 < 0 AND
>>>>> LLV(Mov(C,55,VAR),5) = LLV(Mov(C,55,VAR),13)
>>>>>
>>>>>CLOSE SHORT
>>>>>
>>>>>HHV(Mov(C,55,VAR),5) = HHV(Mov(C,55,VAR),13) AND
>>>>> Tema(MFI(55),55) - 50 > 0
>>>>>
>>>>>OPTIMIZATION:
>>>>>
>>>>>OPT1: Min=-34 Max=-8 Step=13
>>>>>OPT2: Min=-55 Max=-21 Step=34
>>>>>
>>>>>-----Original Message-----
>>>>>From: amc amc <cma6@xxxxxxxxx>
>>>>>To: metastock@xxxxxxxxxxxxx <metastock@xxxxxxxxxxxxx>
>>>>>Date: Wednesday, July 15, 1998 11:09 AM
>>>>>Subject: Tema
>>>>>
>>>>>
>>>>>>
>>>>>>To Jim Greening:Don't know if you have covered this, but can you
>>>>>>describe Tema S/C and Tema MFI (money flow index?),
>howconstructed
>>>>>>and how interpreted. Thanks, CMA
>>>>>>
>>>>>>
>>>>>>
>>>>>>_________________________________________________________
>>>>>>DO YOU YAHOO!?
>>>>>>Get your free @yahoo.com address at http://mail.yahoo.com
>>>>>>
>>>>>
>>>>>
>>>>>
>>>>
>>>>
>>>
>>>
>>>
>>
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