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Jim
Send me a copy as well. I do have a couple of stocks in my data base :).
BTW, we're getting back in on the long side this evening. That's one of the
problems with a contrarian system. When you're wrong, you're really wrong.
We've been out since we got stopped out a few weeks ago. Drove me crazy not
to be in, but got to follow the system. Learned that the hard way.
Actually, if we hadn't hit our mental stops on close, the trade was
profitable as of going long tonight, but who would have anticipated the last
2 days down :). Anyway, in our record keeping, it's in the loss column.
Talk to you later. I might buy some EGGS calls in the morning on the open
to try my hand at stocks.
Best of luck
Guy
-----Original Message-----
From: owner-metastock@xxxxxxxxxxxxx [mailto:owner-metastock@xxxxxxxxxxxxx]
On Behalf Of Don Hughes
Sent: Wednesday, July 22, 1998 6:44 PM
To: metastock@xxxxxxxxxxxxx
Subject: Re: Tema
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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