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I'll repost for you with a question.
Why is BullFear defined as
BullFear := (HHV(HIGH,n) - LLV(HIGH,n))/2 + LLV(HIGH,n);
instead of just
BullFear := (HHV(HIGH,n) + LLV(HIGH,n))/2;
as it is in the magazine?
Mike
-----Original Message-----
From: owner-metastock@xxxxxxxxxxxxx
[mailto:owner-metastock@xxxxxxxxxxxxx]On Behalf Of michael arnoldi
Sent: Sunday, November 28, 1999 3:29 AM
To: A METASTOCK GROUP
Subject: bull/bear fear-retested
enter long:
n :=opt2{Time periods};
BullFear := (HHV(HIGH,n) - LLV(HIGH,n))/2 + LLV(HIGH,n);
Cross(CLOSE,bullfear) AND
DX(10) > opt1
close long:
n :=opt2{Time periods};
BearFear := (HHV(LOW,n) - LLV(LOW,n))/2 + LLV(LOW,n);
CLOSE < bearfear
---------------------------
i played with the opt1 opt2 on various indexes & the results were much
improved. this formula included the DX portion & mine did not.
here are some of the results:
opt1 opt2 profit % ttl trades win lose avg
djia: 21 4 606.33 60.63 45 28 17 1.399
xau: 19 6 493.54 49.35 26 12 14 2.55
21 4 -68.7 -6.87 40 12 28 2.14
s&p: 18 4 470.5 47.05 45 25 20 1.6
21 4 285.20 28.52 41 24 19 1.23
i tried the test without the DX & results were real poor, so the DX is
an important factor.
mike arnoldi
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