|
PureBytes Links
Trading Reference Links
|
<x-html><!DOCTYPE HTML PUBLIC "-//W3C//DTD W3 HTML//EN">
<HTML>
<HEAD>
<META content=text/html;charset=iso-8859-1 http-equiv=Content-Type><!DOCTYPE HTML PUBLIC "-//W3C//DTD W3 HTML//EN"><!DOCTYPE HTML PUBLIC "-//W3C//DTD W3 HTML//EN"><!DOCTYPE HTML PUBLIC "-//W3C//DTD W3 HTML//EN">
<META content='"MSHTML 4.72.3510.1400"' name=GENERATOR>
</HEAD>
<BODY bgColor=#ffffff>
<DIV><FONT color=#000000 size=2>Hi Bill,</FONT></DIV>
<DIV><FONT color=#000000 size=2></FONT><FONT size=2> Yes I'll post it, just
let me clean it up a little first (to make it readable).</FONT></DIV>
<DIV><FONT size=2>I'll try to post on Tuesday or Wednesday.</FONT></DIV>
<DIV><FONT color=#000000 size=2>Best
wishes,<BR>
Adam Hefner<BR>e-mail: <A
href="mailto:VonHef@xxxxxxxxxx";>VonHef@xxxxxxxxxx</A></FONT></DIV>
<BLOCKQUOTE
style="BORDER-LEFT: #000000 solid 2px; MARGIN-LEFT: 5px; PADDING-LEFT: 5px">
<DIV><FONT face=Arial size=2><B>-----Original Message-----</B><BR><B>From:
</B>Bill Saxon <<A
href="mailto:bsaxon@xxxxxxxxxxxxxxx";>bsaxon@xxxxxxxxxxxxxxx</A>><BR><B>To:
</B>metastock@xxxxxxxxxxxxx
<<A
href="mailto:metastock@xxxxxxxxxxxxx";>metastock@xxxxxxxxxxxxx</A>><BR><B>Date:
</B>Sunday, October 25, 1998 10:46 AM<BR><B>Subject: </B>Re: Point &
Figure charts.<BR><BR></DIV></FONT>
<DIV><FONT size=2>Adam,</FONT></DIV>
<DIV><FONT size=2></FONT> </DIV>
<DIV><FONT size=2>I am just getting interested in point and figure. I
would use it to trade stocks. I didn't realize MS had this
deficiency. Would you post the indicator you mention?</FONT></DIV>
<BLOCKQUOTE
style="BORDER-LEFT: #000000 solid 2px; MARGIN-LEFT: 5px; PADDING-LEFT: 5px">
<DIV><FONT face=Arial size=2><B>-----Original
Message-----</B><BR><B>From: </B>Von Hef <<A
href="mailto:VonHef@xxxxxxxxxx";>VonHef@xxxxxxxxxx</A>><BR><B>To:
</B>metastock@xxxxxxxxxxxxx
<<A
href="mailto:metastock@xxxxxxxxxxxxx";>metastock@xxxxxxxxxxxxx</A>><BR><B>Date:
</B>Sunday, October 25, 1998 10:24 AM<BR><B>Subject: </B>Re: Point &
Figure charts.<BR><BR></DIV></FONT>
<DIV><FONT size=2>Hello Guy,</FONT></DIV>
<DIV><FONT size=2> Thanks for your comments! I also work with
commodities and futures contracts and understand what you mean by
the</FONT></DIV>
<DIV><FONT size=2>"feel" </FONT><FONT size=2>of the box size.
The changing of the box and reversal amount is what Murphy
describes in his book as "Optimized </FONT></DIV>
<DIV><FONT size=2>Point & Figure". He describes a study that
showed, (from optimizing ) that the % of profitable trades improved from
41% </FONT></DIV>
<DIV><FONT size=2>to 66% and the return on margin doubled from 100% to
199% ........ these test were performed in a 135 day
period.</FONT></DIV>
<DIV><FONT size=2> These numbers are what first generated my
interest with the method, but I also like the easy to "read"
support and </FONT></DIV>
<DIV><FONT size=2>resistance levels. On the negative side, most
indicators are written for bar charts and MetaStock isn't designed to
run </FONT></DIV>
<DIV><FONT size=2>P&F </FONT><FONT size=2>systems test. For this
reason I have written an indicator that emulates P&F on a bar chart,
with the goal of designing</FONT></DIV>
<DIV><FONT size=2>a system ( hopefully ) around the indicator. This way
I can test different "Box and Reversal" amounts and generate
buy and </FONT></DIV>
<DIV><FONT size=2>sell signals. </FONT></DIV>
<DIV><FONT size=2> </FONT></DIV>
<DIV><FONT size=2> Happy trading,</FONT></DIV>
<DIV><FONT
size=2>
Adam Hefner.</FONT></DIV>
<BLOCKQUOTE
style="BORDER-LEFT: #000000 solid 2px; MARGIN-LEFT: 5px; PADDING-LEFT: 5px">
<DIV><FONT face=Arial size=2><B>-----Original
Message-----</B><BR><B>From: </B>Guy Tann <<A
href="mailto:grtann@xxxxxxxxxxx";>grtann@xxxxxxxxxxx</A>><BR><B>To:
</B><A
href="mailto:metastock@xxxxxxxxxxxxx";>metastock@xxxxxxxxxxxxx</A>
<<A
href="mailto:metastock@xxxxxxxxxxxxx";>metastock@xxxxxxxxxxxxx</A>><BR><B>Date:
</B>Saturday, October 24, 1998 4:43 PM<BR><B>Subject: </B>RE: Point
& Figure charts.<BR><BR></DIV></FONT>
<DIV><SPAN class=110182221-24101998><FONT color=#0000ff face=Arial
size=2>Adam</FONT></SPAN></DIV>
<DIV><SPAN class=110182221-24101998><FONT color=#0000ff face=Arial
size=2></FONT></SPAN> </DIV>
<DIV><SPAN class=110182221-24101998><FONT color=#0000ff face=Arial
size=2>I used to use P&F years ago. The key, as I recall
was in determining the correct box size for each, in my case,
futures contract. I would assume that's true with equities, as
the size of the move, volatility, etc., changes for each stock,
option, futures contract, etc.</FONT></SPAN></DIV>
<DIV><SPAN class=110182221-24101998><FONT color=#0000ff face=Arial
size=2></FONT></SPAN> </DIV>
<DIV><SPAN class=110182221-24101998><FONT color=#0000ff face=Arial
size=2>This box size would determine where you would plot reversals,
etc. 30-40 years ago, it was trial and error. I would
suspect that with the tools available today, you could experiment
with this and see how you like it. Has a lot to do with
'feel'.</FONT></SPAN></DIV>
<DIV><SPAN class=110182221-24101998><FONT color=#0000ff face=Arial
size=2></FONT></SPAN> </DIV>
<DIV><SPAN class=110182221-24101998><FONT color=#0000ff face=Arial
size=2>Guy</FONT></SPAN></DIV>
<DIV><SPAN class=110182221-24101998><FONT color=#0000ff face=Arial
size=2></FONT></SPAN> </DIV>
<BLOCKQUOTE
style="BORDER-LEFT: #0000ff solid 2px; MARGIN-LEFT: 5px; PADDING-LEFT: 5px">
<DIV class=OutlookMessageHeader><FONT face="Times New Roman"
size=2>-----Original Message-----<BR><B>From:</B>
owner-metastock@xxxxxxxxxxxxx
[mailto:owner-metastock@xxxxxxxxxxxxx]<B>On Behalf Of</B> Von
Hef<BR><B>Sent:</B> Saturday, October 24, 1998 8:06
AM<BR><B>To:</B> Metastock<BR><B>Subject:</B> Point & Figure
charts.<BR><BR></FONT></DIV>
<DIV><FONT size=2> I have been reading John Murphy's
"Technical Analysis Of The Futures Markets"
and</FONT></DIV>
<DIV><FONT size=2>he has written 2 chapters on Point and Figure
charts, the first deals with intra-day charts,</FONT></DIV>
<DIV><FONT size=2>and the second deals with end of the day and
what he calls "Optimized" charts.</FONT></DIV>
<DIV><FONT size=2> These trading methods have been used for
years in stocks and futures markets, and for this</FONT></DIV>
<DIV><FONT size=2>reason I ask the following
question:</FONT></DIV>
<DIV><FONT size=2> </FONT></DIV>
<DIV><FONT size=2> Does anyone on this list
use or ever used P&F in there trading decisions? If so
how?</FONT></DIV>
<DIV><FONT size=2></FONT> </DIV>
<DIV><FONT size=2>Thanks in advance,</FONT></DIV>
<DIV><FONT
size=2>
Adam Hefner.</FONT></DIV>
<DIV><FONT
size=2></FONT> </DIV></BLOCKQUOTE></BLOCKQUOTE></BLOCKQUOTE></BLOCKQUOTE></BODY></HTML>
</x-html>From ???@??? Mon Oct 26 19:56:17 1998
Received: from listserv.equis.com (204.246.137.2)
by mail05.rapidsite.net (RS ver 0.3) with SMTP id 2404
for <neal@xxxxxxxxxxxxx>; Mon, 26 Oct 1998 18:32:47 -0400 (EST)
Received: (from majordom@xxxxxxxxx)
by listserv.equis.com (8.8.7/8.8.7) id PAA12004
for metastock-outgoing; Mon, 26 Oct 1998 15:15:29 -0700
X-Authentication-Warning: listserv.equis.com: majordom set sender to owner-metastock@xxxxxxxxxxxxx using -f
Received: from freeze.metastock.com (freeze.metastock.com [204.246.137.5])
by listserv.equis.com (8.8.7/8.8.7) with ESMTP id PAA12000
for <metastock@xxxxxxxxxxxxxxxxxx>; Mon, 26 Oct 1998 15:15:26 -0700
Received: from mx2.freewwweb.com (mx2.freewwweb.com [205.181.80.249])
by freeze.metastock.com (8.8.5/8.8.5) with ESMTP id PAA18674
for <metastock@xxxxxxxxxxxxx>; Mon, 26 Oct 1998 15:28:47 -0700 (MST)
Received: from freewwweb.com (ppp-111.tnt-1.atl.smartworld.net [209.64.214.111])
by mx2.freewwweb.com (8.9.1/8.9.1) with ESMTP id RAA9602221
for <metastock@xxxxxxxxxxxxx>; Mon, 26 Oct 1998 17:20:16 -0500 (EST)
Message-ID: <3634F542.E5A4D297@xxxxxxxxxxxxx>
Date: Mon, 26 Oct 1998 17:18:42 -0500
From: michael arnoldi <marnoldi@xxxxxxxxxxxxx>
X-Mailer: Mozilla 4.05 [en] (Win95; I)
MIME-Version: 1.0
To: metastock@xxxxxxxxxxxxx
Subject: Re: The collective mechanical trading software
References: <001c01be00e6$6b634ae0$bbf6c5d0@xxxxxxxxxxxxxxxxxxxxxx>
Content-Type: text/plain; charset=us-ascii
Content-Transfer-Encoding: 7bit
Sender: owner-metastock@xxxxxxxxxxxxx
Precedence: bulk
Reply-To: metastock@xxxxxxxxxxxxx
X-Loop-Detect: 1
X-UIDL: 83898f8ea62bdd0d8705b7dc51fe8fd8
i downloded the demo & see how it works.
i will keep you posted.
mike arnoldi
|