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Sometimes it makes sense to leave the original message attached so here goes
again.
Ton,
I really appreciate your many contributions to the list, please keep it up!
I would be interested in looking at the Goslin indicators if you would be
kind enough to send them to me.
JH
-----Original Message-----
From: A.J. Maas <anthmaas@xxxxxx>
To: Metastock List <metastock@xxxxxxxxxxxxx>
Cc: support@xxxxxxxxx <support@xxxxxxxxx>
Date: Tuesday, 25 August 1998 1:41
Subject: Intelligent Futures Trading
>====================================================
>Intelligent Futures Trading - Chick Goslin - IFT system
>---------------------------------------------------------------------------
------------------
>Article published in TAM Dutch TA-magazine Jun98. For info on IFT
>"Intelligent Futures Trading - Chick Goslin" check on the Windsor Books,
>POBox 280, Brightwaters, NY 11718, USA - 1997 Goslin-book
>(ISBN 0-930233-63-8).
>====================================================
>
>As the IFT-system is a too "great and large" system to mention here in
>detail, please be refered to the above mentioned book and its included
>explanationairy charts.
>The Chick Goslins IFT book contains everything common TA books
>have left out. Below find the indicators and exploration.
>
>Indicators:
>Name: IFT-Confirming Line - Chick Goslin
>{Intelligent Futures Trading - Chick Goslin
>Trend's intermediate/Mid-term line -13 can be replaced by up to 17 days}
>Mov(C-Mov(C,3,S),13,S)
>{This indicator is copyrighted by and propriety of
>Ton Maas - Amsterdam - the Netherlands}
>
>Name: IFT-Direction Line - Chick Goslin
>{Intelligent Futures Trading - Chick Goslin
>Trend's directional line}
>Mov(C,49,E)
>{This indicator is copyrighted by and propriety of
>Ton Maas - Amsterdam - the Netherlands}
>
>Name: IFT-Timing Line - Chick Goslin
>{Intelligent Futures Trading - Chick Goslin
>trend's short term line - the tricker-line}
>C-Mov(C,3,S)
>{This indicator is copyrighted by and propriety of
>Ton Maas - Amsterdam - the Netherlands}
>
>Name: IFT - 48 Turnaround Line - Chick Goslin
>Formula:
>{based on ideas gotten from Chicks book - INTELLIGENT FUTURES TRADING,
>published 1997 by Windsor Books, POBox 280, Brightwaters, NY 11718,
>and published in TAM Dutch TA-magazine, Jun98}
>MTMidM1:= Input("MidTerm periods MEDIAN price x-days ago", 1,1000,47);
>MTMidM2:= Input("MidTerm periods MEDIAN price x-days ago", 1,1000,48);
>MTMidSMO:= Input("ShortTerm SMOOTHING periods MEDIAN price", 1,1000,1);
>Mov(
>((Ref(MP(),-MTMidM1)/2.1)+
>(Ref(MP(),-MTMidM2))/1.9),MTMidSMO,S)
>{This indicator is copyrighted by and propriety of
>Ton Maas - Amsterdam - the Netherlands}
>
>Name: IFT- TREND UP SIGNAL SHORT TERM
>{Binairy Wave, 1 = long and 0 = short}
>If(Mov(C-Mov(C,3,S),13,S)>
>Mov(Mov(C-Mov(C,3,S),13,S),15,E),+1,-1)
>{This indicator is copyrighted by and propriety of
>Ton Maas - Amsterdam - the Netherlands}
>
>Name: IFT-CONFIRMATION of trend-Chick Goslin-Bi-wave
>{Binairy Wave, 1 = long and 0 = short}
>If(Mov(C-Mov(C,3,S),13,S)>
>Mov(Mov(C-Mov(C,3,S),13,S),50,S),+3,-3)
>{This indicator is copyrighted by and propriety of
>Ton Maas - Amsterdam - the Netherlands}
>
>Exploration:
>Name: IFT - INTELLIGENT FUTURES TRADING
>Formula:
>{Longer Term Filter}
>C>fml( "IFT - 48 Turnaround Line - Chick Goslin")
>{The indicator+exploration is copyrighted by and
>propriety of Ton Maas - Amsterdam - the Netherlands}
>
>===================================================
>Just a brief comment:
>
>A while ago I read a part of the Chick Goslin "Intelligent Futures Trading"
book and
>in chapter 5-Learning and Chapter 7-Charts, Chick refers to his indicators
used and
>also to an easy way to determine if we are in an Up trend or not
>(then especialy see Chapter 7- chart Pg1 on pag 95 - Review of April
Cattle(5 Jan))
>
>-----quote:----------
>The Direction Line(49SMA):
>The first thing I do when looking at a chart is to go back ten weeks and
circle
>a day 47 or 48 trading days ago. This gives me an instant view of how easy
or
>difficult it would be for a trend to change.
>-----unquote-------
>
>From any standard book on TA you can learn that a 50 days SMA is very
common to use
>as a way to see and determine: if there is a direction, the type of
direction and also if there
>is an Up-trend. I have re-written the Goslin indicators for Metastock and
am quite pleased
>with a spinn-off indicator from his ideas, an indicator wich provides on
todays data the
>prices of 48+49 days ago. If todays close is above then we're in an
Uptrend, if not we're in a
>downtrend or non-trending(trading sideways). This indicator is the "IFT -
48 Turnaround Line".
>
>===================================================
>1998 - copyrights Ton Maas - Amsterdam - the Netherlands
>All rights reserved. email: Ms-IRB@xxxxxxxxx
>===================================================
>
>
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