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hello....I have been trying to set up the below indicator and want to ask
you a few..I have it in my filter and the report I get does not seem top
meet the logic...when you say add your explorer are you using moving
averages or roc or tema and do you use the DM as a trigger in the filter or
exclusively just for setup..I also use a minimum volume as a criteria..do
you use this as well....thanks for your time..
At 10:43 PM 6/16/98 , you wrote:
>
>
>ClaudB@xxxxxxx wrote:
>
>> Ken,
>>
>> I can't use Mime files. Any chance you can send it in another format?
>>
>> Claud
>
>Yep, in fact I prefer to send it in plain old text, even though it's a
>little more work. That MS data file _alone_ that I sent was a pig
>(about 20 - 30k). I think the chart was only about half that.
>
>Believe me, the indicators that I sent are nothing fancy. Setup is
>nearly the same as what was posted earlier. I think Intersection is a
>little different though, but I haven't had the time to compare. This
>Countdown indicator is simply a day to day indicator that requires using
>your fingers and toes once Setup (and Intersection, if you choose to use
>it) is/are complete. Nothing sophisticated at all. I find it easier and
>quicker to let the indicators help me determine the current phase than to
>compare a bar's close with another prior bar's close or low/high. As far
>as Countdown, I've written many high-falutin type indicators (or so I
>like to think <g> ) that I thought were going to be the answer, but in
>the end they all fizzled.
>
>You could run a test or exploration for Setup, then from there manually
>track Intersection (if you're so inclined), then Countdown. Sometimes
>you get a pretty good reaction at the completion of Setup, so you may not
>want to include Intersection in an exploration or you could possibly miss
>it, although Intersection occurs more often than not by day 9. Back when
>it first was published, Sequential worked well on the few markets that I
>watched, but I haven't been watching it lately, although all this
>discussion has got me curious again.
>
>I think everything I'm sending are the correct formulas, but if something
>doesn't look right, let me know.
>
> - Indicators-
>
>(The following BUY SETUP/SELL SETUP is one indicator in 6.5.
>Pre-6.5 users need to use it as two indicators)
>* SeqSETUP w/Validation day*
>
>{BUY SETUP}
>
>If((C < Ref(C,-4) AND
>Ref(C,-1) < Ref(C,-5) AND
>Ref(C,-2) < Ref(C,-6) AND
>Ref(C,-3) < Ref(C,-7) AND
>Ref(C,-4) < Ref(C,-8) AND
>Ref(C,-5) < Ref(C,-9) AND
>Ref(C,-6) < Ref(C,-10) AND
>Ref(C,-7) < Ref(C,-11) AND
>Ref(C,-8) < Ref(C,-12) AND
>{Validation Day}
>Ref(C,-9) > Ref(C,-13) ),1,0)
>
>{SELL SETUP}
>
>If((C > Ref(C,-4) AND
>Ref(C,-1) > Ref(C,-5) AND
>Ref(C,-2) > Ref(C,-6) AND
>Ref(C,-3) > Ref(C,-7) AND
>Ref(C,-4) > Ref(C,-8) AND
>Ref(C,-5) > Ref(C,-9) AND
>Ref(C,-6) > Ref(C,-10) AND
>Ref(C,-7) > Ref(C,-11) AND
>Ref(C,-8) > Ref(C,-12) AND
>{Validation Day}
>Ref(C,-9) < Ref(C,-13) ),-1,0)
>
>
>
> *SeqINTERSECTION*
>
>{DeMark says this is now ELECTIVE in futures and index markets}
>
>L <= Ref(HHV(H,6),-3) AND L >= Ref(LLV(L,6),-3) OR
>H >= Ref(LLV(L,6),-3) AND H <= Ref(HHV(H,6),-3)
>
>
>
>(The following is one indicator in 6.5. Pre-6.5 users need to use it as
>two indicators)
> *SeqCdB/S (Countdown for Buys and Sells)*
>
>{plots +1 for BUYS, plots -1 for SELLS.}
>
>If(C < Ref(L,-2),1,0) ;
>If(C > Ref(H,-2),-1,0)
>
>(...and all this time you probably thought I had come up with something
>fancy. :) )
>
>
> *System Test * (If you don't want validation day, don't use it.)
>
>Seq SETUP,V day
>
> {BUY SETUP}
>C < Ref(C,-4) AND
>Ref(C,-1) < Ref(C,-5) AND
>Ref(C,-2) < Ref(C,-6) AND
>Ref(C,-3) < Ref(C,-7) AND
>Ref(C,-4) < Ref(C,-8) AND
>Ref(C,-5) < Ref(C,-9) AND
>Ref(C,-6) < Ref(C,-10) AND
>Ref(C,-7) < Ref(C,-11) AND
>Ref(C,-8) < Ref(C,-12) AND
>{Validation Day}
>Ref(C,-9) > Ref(C,-13)
>
>
> {SELL SETUP}
>C > Ref(C,-4) AND
>Ref(C,-1) > Ref(C,-5) AND
>Ref(C,-2) > Ref(C,-6) AND
>Ref(C,-3) > Ref(C,-7) AND
>Ref(C,-4) > Ref(C,-8) AND
>Ref(C,-5) > Ref(C,-9) AND
>Ref(C,-6) > Ref(C,-10) AND
>Ref(C,-7) > Ref(C,-11) AND
>Ref(C,-8) > Ref(C,-12) AND
>{Validation Day}
>Ref(C,-9) < Ref(C,-13)
>
>
>
> -Exploration-
>
> (Plug it in yourself !)
*********************************************
Have a nice day
Jim Kerwin
Atlanta, Georgia U.S.A.
*********************************************
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