[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]

Re: Dynamic Multiple Time Frames



PureBytes Links

Trading Reference Links

> Here is an update to one of the formula's to compensate for
> missing trade periods (Holiday's).
> 
> name: FT-FBP
> 
>   {Fibonacci Trader - Fixed Balance Point}
>   {NOTE: under Color/Style options, change
>          plot to last "style" option}
> 
>  {Fixed Balance Point Calculation}
> FBC:=If(DayOfWeek()=1 AND Ref(DayOfWeek(),-1)
>      <5,
>      {then}(HighestSince(2,DayOfWeek()=1,H)+
>           LowestSince(1,DayOfWeek()=1,L)+
>           CLOSE)/3,
>      {else}If(DayOfWeek()=5,
>          {then}(HighestSince(1,DayOfWeek()=1,H)+
>           LowestSince(1,DayOfWeek()=1,L)+
>           CLOSE)/3,
>          {else}0));
>  {Fixed Balance Point Plot}
> FBP:=ValueWhen(1,FBC>0,FBC);
> FBP
> 
>   Best wishes,
>       Adam Hefner.
>  VonHef@xxxxxxxxxx
> 
> -------------------------------------
> -----Original Message-----
> From: Chuck Wemlinger <yeti@xxxxxxxxxxxxxxx>
> To: metastock@xxxxxxxxxxxxx <metastock@xxxxxxxxxxxxx>
> Date: Tuesday, January 05, 1999 1:00 AM
> Subject: Re: Dynamic Multiple Time Frames
> 
> 
> >Adam,
> >
> >Gee, thanks.  I was just working on this and along comes your e-mail.  I'll
> >check it out tomorrow.
> >
> >Chuck
> >
> >-----Original Message-----
> >From: Adam Hefner <VonHef@xxxxxxxxxx>
> >To: MetaStock <metastock@xxxxxxxxxxxxx>
> >Date: Monday, January 04, 1999 9:56 PM
> >Subject: Dynamic Multiple Time Frames
> >
> >
> >>In the 1999 Bonus Issue of TASC the article by Robert Krausz named
> >>"Dynamic Multiple Time Frames", he describes a method of using
> >>different time frames to determine trends. In the section he calls
> >>"Fibonacci Trader" he reveals how to calculate different indicators
> >>he calls "Balance Points" I have coded my interpretation of his
> indicators,
> >>please examine.....and let me know if the logic is correct.
> >>
> >>name: FT-S&R
> >>  {Fibonacci Trader- Support & Resistance}
> >>  {NOTE: under Color/Style options, change
> >>         plot to last "style" option}
> >>
> >> {Weekly Price Range Calculation}
> >>WRC:=If(DayOfWeek()>=5,
> >>     {then}HighestSince(1,DayOfWeek()=1,H)-
> >>          LowestSince(1,DayOfWeek()=1,L),
> >>     {else}0);
> >>WRP:=ValueWhen(1,WRC>0,WRC);
> >> {Resistance Range}
> >>RR1:= FmlVar("FT-FBP","FBP")+(WRP*.5);
> >>RR2:= FmlVar("FT-FBP","FBP")+(WRP*.618);
> >> {Support Range}
> >>SR1:= FmlVar("FT-FBP","FBP")-(WRP*.5);
> >>SR2:= FmlVar("FT-FBP","FBP")-(WRP*.618);
> >> {Plot Ranges}
> >>RR1;
> >>RR2;
> >>SR1;
> >>SR2;
> >>
> >>name: FT-FBP
> >>  {Fibonacci Trader - Fixed Balance Point}
> >>  {NOTE: under Color/Style options, change
> >>                plot to last "style" option}
> >>
> >> {Fixed Balance Point Calculation}
> >>FBC:=If(DayOfWeek()=5,
> >>    {then}(HighestSince(1,DayOfWeek()=1,H)+
> >>          LowestSince(1,DayOfWeek()=1,L)+
> >>          CLOSE)/3,
> >>    {else}0);
> >> {Fixed Balance Point Plot}
> >>FBP:=ValueWhen(1,FBC>0,FBC);
> >>FBP
> >>
> >>name: FT-DBP
> >>  {Fibonacci Trader - Dynamic Balance Point}
> >>  {Dynamic Balance Point Calculation}
> >>dt:=DayOfWeek();
> >>DBC:=(HighestSince(5,DayOfWeek()=dt,H)+
> >>     LowestSince(5,DayOfWeek()=dt,L)+CLOSE)/3;
> >>DBC;
> >>
> >>name: FT-FBPS
> >>  {Fibonacci Trader-Fixed Balance Point Step}
> >>FPS:=(ValueWhen(1,FmlVar("FT-FBP","FBC")>0,
> >>     FmlVar("FT-FBP","FBC")) +
> >>     ValueWhen(2,FmlVar("FT-FBP","FBC")>0,
> >>     FmlVar("FT-FBP","FBC")) +
> >>     ValueWhen(3,FmlVar("FT-FBP","FBC")>0,
> >>     FmlVar("FT-FBP","FBC")) +
> >>     ValueWhen(4,FmlVar("FT-FBP","FBC")>0,
> >>     FmlVar("FT-FBP","FBC")) +
> >>     ValueWhen(5,FmlVar("FT-FBP","FBC")>0,
> >>     FmlVar("FT-FBP","FBC")))/5;
> >>FPS
> >>
> >>name: FT-DBPS
> >>  {Fibonacci Trader-Dynamic Balance Point Step}
> >>DPS:=(ValueWhen(1,FmlVar("FT-DBP","DBC"),
> >>     FmlVar("FT-DBP","DBC"))+
> >>     ValueWhen(5,FmlVar("FT-DBP","DBC"),
> >>     FmlVar("FT-DBP","DBC"))+
> >>     ValueWhen(10,FmlVar("FT-DBP","DBC"),
> >>     FmlVar("FT-DBP","DBC"))+
> >>     ValueWhen(15,FmlVar("FT-DBP","DBC"),
> >>     FmlVar("FT-DBP","DBC"))+
> >>     ValueWhen(20,FmlVar("FT-DBP","DBC"),
> >>     FmlVar("FT-DBP","DBC")))/5;
> >>DPS;
> >>
> >>  Best wishes,
> >>      Adam Hefner.
> >> VonHef@xxxxxxxxxx
> >>
> >>-------------------------------------
> >>
> >>
> >
> >
> 
> 


Andreas Grau aka agrau@xxxxxxxx - Telefon 08153-30-4495
debis Systemhaus Industry GmbH