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The formula "DBS-BreakWhere" gives some interesting signals when plotted over
a stock, I've just tried it over the two main Italians stock indices(Mib30
and Mibtel).
When it cross the value line it seems a good and fast signal of a reverse.
Good trading.
G. Gaydou
Von Hef Wrote:
> I just received my copy of "Futures Magazine" and they had the MetaStock
> code for the Dynamic Break-out System. I added the "DBS-" to the names
> of their formulas (so they would group together in my list) otherwise they
> should
> be written exactly as published. The formula named "DBS-BreakWhere" is a
> mystery to me......I dont see where it is used in the system, but I posted
> it because
> it was in the article.
>
> Name:
> DBS-LookBack
> Formula:
> X:=Stdev(C,30);
> Y:=Ref(X,-1);
> Z:=1+((X-Y)/X);
> If(Cum(1)=1,20,Min(Max(PREV*Z,20),60));
>
> Name:
> DBS-BuyBreak
> Formula:
> HHV(H,LastValue( Fml( "DBS-LookBack" )+PREV-PREV))
>
> Name:
> DBS-BuyExit
> Formula:
> LLV(L,LastValue( Fml( "DBS-LookBack" )/2
> +PREV-PREV))
>
> Name:
> DBS-SellBreak
> Formula:
> LLV(L,LastValue( Fml( "DBS-LookBack" )+
> PREV-PREV))
>
> Name:
> DBS-SellExit
> Formula:
> HHV(H,LastValue( Fml( "DBS-LookBack" )/2+
> PREV-PREV))
>
> Name:
> DBS-BreakWhere
> Formula:
> TopB:=Ref( Fml( "DBS-BuyBreak" ),-1);
> LowB:=Ref( Fml( "DBS-SellBreak" ),-1);
> ((O+H+L+C)/4-LowB)*100/(TopB-LowB);
>
> Name: DBS-System
> Enter Long: H>Ref( Fml( "DBS-BuyBreak" ),-1)
> Close Long: L<Ref( Fml( "DBS-BuyExit" ),-1)
> Enter Short: L<Ref( Fml( "DBS-SellBreak" ),-1)
> Close Short: H>Ref( Fml( "DBS-SellExit" ),-1)
>
> Best wishes,
> Adam Hefner.
> e-mail: VonHef@xxxxxxxxxx
>
> _____________________
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