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

Re: CADI Constuction



PureBytes Links

Trading Reference Links

<x-html><!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN">
<HTML><HEAD>
<META content="text/html; charset=iso-8859-1" http-equiv=Content-Type>
<META content="MSHTML 5.00.3017.2400" name=GENERATOR>
<STYLE></STYLE>
</HEAD>
<BODY bgColor=#ffffff>
<DIV><FONT face=Arial size=2>Perhaps next year and to more weeks?</FONT></DIV>
<DIV>&nbsp;</DIV>
<DIV><FONT face=Arial size=2>Jean-Paul</FONT></DIV>
<BLOCKQUOTE 
style="BORDER-LEFT: #000000 2px solid; MARGIN-LEFT: 5px; MARGIN-RIGHT: 0px; PADDING-LEFT: 5px; PADDING-RIGHT: 0px">
  <DIV style="FONT: 10pt arial">----- Original Message ----- </DIV>
  <DIV 
  style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black"><B>From:</B> 
  <A href="mailto:rphodge@xxxxxxxxxxx"; title=rphodge@xxxxxxxxxxx>Raymond 
  Hodge</A> </DIV>
  <DIV style="FONT: 10pt arial"><B>To:</B> <A 
  href="mailto:metastock@xxxxxxxxxxxxx"; 
  title=metastock@xxxxxxxxxxxxx>metastock@xxxxxxxxxxxxx</A> </DIV>
  <DIV style="FONT: 10pt arial"><B>Sent:</B> Wednesday, June 14, 2000 9:07 
  AM</DIV>
  <DIV style="FONT: 10pt arial"><B>Subject:</B> Re: CADI Constuction</DIV>
  <DIV><BR></DIV>Which version are you using? <BR><BR>I don't know about 6.52, 
  but I found out too late that the p variable doesn;t function in 
  7.01.<BR><BR>Just one of the zillion bugs in 7.01 EOD.<BR><BR>Does anyone know 
  where 7.02 is? I was told it was about 2 weeks away.<BR>That was about 2 
  months ago.<BR><BR>Patience is wearing thin.<BR><BR><BR><BR>At 06:34 AM 
  6/14/2000 , you wrote:<BR><FONT size=2>
  <BLOCKQUOTE cite type="cite">How exactly does one reference another "P", a 
    particular issue?<BR>I have tried without 
    sucees.<BR>Pete<BR>&nbsp;<BR></FONT><FONT face="Times New Roman, Times" 
    size=2>The formula for MetaStock would be:</FONT><BR>C/P<BR>where "P" is the 
    particular issue (eg Decline Issues) where the other "C" (or Close, 
    eg<BR>the Advance Issues) gets dropped upon.<BR>&nbsp;----- Original Message 
    ----- <BR><B>
    <BLOCKQUOTE cite type="cite">From:</B> <A 
      href="mailto:anthmaas@xxxxxxxxx";>A.J. Maas</A> <BR><B>To:</B> <A 
      href="mailto:metastock@xxxxxxxxxxxxx";>metastock@xxxxxxxxxxxxx</A> 
      <BR><B>Sent:</B> Tuesday, June 13, 2000 6:53 PM<BR><B>Subject:</B> Re: 
      CADI Constuction<BR><BR><FONT face="Times New Roman, Times" size=4>A / D - 
      The Advance-Decline Line</FONT><BR><FONT size=2>&nbsp;<BR></FONT><FONT 
      face="Times New Roman, Times" size=2><B>A/D Ratio ( = total Advancing 
      Issues divided by total Declining Issues)</FONT></B><BR></B>A Ratio is the 
      comparison's (dividing) result expressed by a factor, the ratio, to 
      statisticaly<BR>show how one item is, on equal terms, related to another 
      item (eg by dividing the (2) items).<BR>&nbsp;<BR><FONT 
      face="Times New Roman, Times" size=2>The A/D Ratio is nothing more then 
      the Advancers devided " / " by the Decliners. In a 
      common</FONT><BR>formula this would be:<BR>&nbsp;<BR><FONT 
      face="Times New Roman, Times" size=2>RatioClose&nbsp; = Advance Issues / 
      Decline Issues</FONT><BR>where RatioClose is the daily EOD value of the 
      above described A/D Ratio.&nbsp;&nbsp; <BR>&nbsp;<BR><FONT 
      face="Times New Roman, Times" size=2>The formula for MetaStock would 
      be:</FONT><BR>C/P<BR>where "P" is the particular issue (eg Decline Issues) 
      where the other "C" (or Close, eg<BR>the Advance Issues) gets dropped 
      upon.<BR>&nbsp;<BR><FONT face="Times New Roman, Times" size=2><B>A-D 
      Issues ( = total of the Advancing Issues minus total of the Declining 
      Issues)</FONT></B><BR></B>see also the A to Z book or free website 
      below<BR>&nbsp;<BR><FONT face="Times New Roman, Times" size=2><B>A-D Line 
      ( = cumulative total of the A-D Issues indicator )</FONT></B><BR></B>see 
      also the A to Z book or free website below<BR>&nbsp;<BR><U>Advance-Decline 
      Line </U><BR></U>The advance decline line is simply a cumulative total of 
      the number of advancing issues minus the number of declining 
      issues.<BR><U>Advance-Decline Line - Calculation method</U> <BR>First, a 
      large number is chosen, e.g. 20,000. Each day thereafter, the difference 
      between the number of advancing issues and<BR>declining issues is added or 
      subtracted, eg each day's number of declining issues is subtracted from 
      the number of advancing<BR>issues which results in the net difference. 
      This net difference is then added to a running sum if the difference is 
      positive or<BR>subtracted from the running sum if the difference is 
      negative.&nbsp; Usually, New York Stock Exchange data is used for the 
      calculation.<BR>&nbsp;<BR><U>Advance-Decline Line - Reviewed</U><FONT 
      face="Times New Roman, Times"> <BR></FONT><FONT 
      face="Times New Roman, Times" size=2>The problem with the advance decline 
      line is that it can be quite subjective in interpretation. In retrospect, 
      large divergence's can</FONT><FONT face="Times New Roman, Times"> 
      <BR></FONT><FONT face="Times New Roman, Times" size=2>be seen. However, it 
      is hard to see them developing when the analyst needs the information the 
      most. This is not a forward</FONT><FONT face="Times New Roman, Times"> 
      <BR></FONT><FONT face="Times New Roman, Times" size=2>looking indicator. 
      At best it can be used as a trend indicator (source <A 
      href="http://www.e-analytics.com/techdir.htm";>Technical Analysis</A> by <A 
      href="http://www.e-analytics.com/index.htm";>Equity Analytics, 
      Ltd.</A>).</FONT><FONT face="Times New Roman, Times"> <BR></FONT><FONT 
      face="Times New Roman, Times" size=2>For example, by plotting a 20-day CMO 
      or 14-day RSI based upon the advance decline line, a far better indication 
      can be made <BR>visable for the (NYSE) market(s) internals and how it 
      progresses in time and most important, at the moment.<BR>&nbsp;<BR>The A / 
      D Formula for MetaStock:<BR>&nbsp;<BR>{In the Downloader click Help to 
      find out how to create Composite Charts, then create a composite security 
      of<BR>Advancing Issues minus Declining Issues. In MetaStock click Help to 
      find out how to create Custom Indicators, then<BR>open the chart of the 
      created composite security and plot this formula as a single custom 
      indicator, eg drag this<BR>indicator down from the Indicator Quicklist and 
      have it released on the Chart to create its -own- inner 
      window}<BR>&nbsp;<BR>Cum(CLOSE)<BR></FONT><BR>&nbsp;<BR><FONT 
      face="Times New Roman, Times" size=2><B>Technical Analysis from A to 
      Z&nbsp; - </FONT><FONT color=#ff0000 face="Times New Roman, Times" 
      size=2><A 
      href="http://www.equis.com/free/taaz/";><I>http://www.equis.com/free/taaz/</A></I> 
      </FONT></B><FONT face="Times New Roman, Times" 
      size=2></FONT><BR>&nbsp;<BR><FONT color=#ff0000 
      face="Times New Roman, Times" size=2><B>C O N T E N T 
      S<BR>&nbsp;</FONT></B><BR></B>&nbsp;<BR><FONT color=#ff0000 
      face="Times New Roman, Times" 
      size=2><B>Preface<BR>Acknowledgments<BR>Terminology<BR>To Learn 
      More<BR>Introduction <BR>Technical Analysis <BR>Price fields <BR>Charts 
      <BR>Support and resistance <BR>Trends <BR>Moving averages <BR>Indicators 
      <BR>Market indicators <BR>Line studies <BR>Periodicity <BR>The time 
      element <BR>Conclusion <BR>Equis Home Page 
      </FONT></B><BR></B>&nbsp;<BR><FONT color=#ff0000 
      face="Times New Roman, Times" size=2><B>Order the Book 
      </FONT></B><BR></B>&nbsp;<BR><FONT color=#ff0000 
      face="Times New Roman, Times" size=2><B>Reference<BR>Absolute Breadth 
      Index<BR>Accumulation/Distribution<BR>Accumulation Swing 
      Index<BR>Advance/Decline Line<BR>Advance/Decline 
      Ratio<BR>Advancing-Declining Issues<BR>Advancing, Declining, Unchanged 
      Volume<BR>&nbsp;<BR>-----------snip-------------</FONT></B><BR></B>&nbsp;<BR>&nbsp;<BR><FONT 
      color=#ff0000 face="Times New Roman, Times" size=2><B><A 
      href="http://www.equis.com/free/taaz/advdecline.html";>http://www.equis.com/free/taaz/advdecline.html</A><BR><A 
      href="http://www.equis.com/free/taaz/advdecratio.html"; 
      eudora="autourl">http://www.equis.com/free/taaz/advdecratio.html</A><BR><A 
      href="http://www.equis.com/free/taaz/advdecissues.html";>http://www.equis.com/free/taaz/advdecissues.html</A><BR><A 
      href="http://www.equis.com/free/taaz/advdecvol.html"; 
      eudora="autourl">http://www.equis.com/free/taaz/advdecvol.html</A></B><BR></B>&nbsp;<BR></FONT><FONT 
      face="Times New Roman, Times" size=2><A 
      href="http://www.equis.com/customer/support/formulas";>http://www.equis.com/customer/support/formulas</A></FONT><BR><FONT 
      color=#ff0000 face="Times New Roman, Times" 
      size=2>&nbsp;<BR><BR></FONT><FONT face=arial>Regards,<BR>Ton 
      Maas<BR></FONT><FONT color=#ff0000 face=arial><A 
      href="mailto:ms-irb@xxxxxxxxxxxxxxxx";>ms-irb@xxxxxxxxxxxxxxxx</A></FONT><BR><FONT 
      face=arial>Dismiss the ".nospam" bit (including the dot) when 
      replying.<BR>Homepage&nbsp; </FONT><A 
      href="http://home.planet.nl/~anthmaas";><FONT color=#ff0000 
      face=arial>http://home.planet.nl/~anthmaas</A></FONT><BR><FONT 
      color=#ff0000 face="Times New Roman, Times" 
      size=2>&nbsp;<BR>&nbsp;<BR></FONT><FONT face=arial>----- Original Message 
      ----- </FONT><BR>From: "hcong" &lt;<A 
      href="mailto:hcong@xxxxxxxxxxxxxx";><FONT color=#ff0000 
      face=arial>hcong@xxxxxxxxxxxxxx</A></FONT><FONT 
      face=arial>&gt;</FONT><BR>To: &lt;<A 
      href="mailto:metastock@xxxxxxxxxxxxx";><FONT color=#ff0000 
      face=arial>metastock@xxxxxxxxxxxxx</A></FONT><FONT 
      face=arial>&gt;</FONT><BR>Sent: dinsdag 13 juni 2000 2:15<BR>Subject: CADI 
      Constuction<BR><BR>&gt; Hi list member:<BR>&gt; <BR>&gt; I have this 
      question and hope that some kind soul can help me:<BR>&gt; <BR>&gt; I want 
      to construct a Cumulative Advance and Decline Index (CADI)for my<BR>&gt; 
      local stock exchange but do not know how.&nbsp; My data vendor had 
      supplied<BR>&gt; me a separate file each for Nos of Advance counters, Nos 
      of Falling<BR>&gt; Counters, and Nos of counter Unchanged, all in 
      metastock format.<BR>&gt; <BR>&gt; I understand that can be done when 
      convert into excel and do some<BR>&gt; manipulation there, but I find it 
      very troublesome for daily updating. <BR>&gt; Is there an easilier way 
      that I can do that directly in Metastock, like<BR>&gt; creating a CADI 
      indicator?<BR>&gt; <BR>&gt; I am using Metastock Ver 6.52, EOD.&nbsp; 
      Thanks for help in advance.<BR>&gt; <BR>&gt; -- <BR>&gt; Regards.<BR>&gt; 
      <BR>&gt; Ong Hock Choon<BR>&gt; <A 
      href="mailto:hcong@xxxxxxxxxxxxxx";><FONT color=#ff0000 
      face=arial>hcong@xxxxxxxxxxxxxx</A></FONT></BLOCKQUOTE></BLOCKQUOTE></BLOCKQUOTE></BODY></HTML>
</x-html>From ???@??? Thu Jun 15 09:25:25 2000
Return-Path: <majordom@xxxxxxxxxxxxxxxxxx>
Received: from listserv.equis.com (listserv.equis.com [204.246.137.2])
	by purebytes.com (8.9.3/8.9.3) with ESMTP id OAA11089
	for <neal@xxxxxxxxxxxxx>; Wed, 14 Jun 2000 14:47:41 -0700
Received: (from majordom@xxxxxxxxx)
	by listserv.equis.com (8.8.7/8.8.7) id OAA15379
	for metastock-outgoing; Wed, 14 Jun 2000 14:49:32 -0600
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 OAA15376
	for <metastock@xxxxxxxxxxxxxxxxxx>; Wed, 14 Jun 2000 14:49:29 -0600
Received: from mail.rdc1.md.home.com (imail@xxxxxxxxxxxxxxxxxxxx [24.2.2.66])
	by freeze.metastock.com (8.8.5/8.8.5) with ESMTP id PAA05139
	for <metastock@xxxxxxxxxxxxx>; Wed, 14 Jun 2000 15:09:01 -0600 (MDT)
Received: from cj52561a ([24.13.243.16]) by mail.rdc1.md.home.com
          (InterMail vM.4.01.02.00 201-229-116) with SMTP
          id <20000614205150.EMVB26205.mail.rdc1.md.home.com@xxxxxxxx>
          for <metastock@xxxxxxxxxxxxx>; Wed, 14 Jun 2000 13:51:50 -0700
Message-ID: <00af01bfd65c$13252540$10f30d18@xxxxxxxxxxxxxxxxxx>
From: "Jim Greening" <jimginva@xxxxxxxx>
To: <metastock@xxxxxxxxxxxxx>
References: <NBBBKFMIMHJOLMGOIJGNEEKIELAA.grt@xxxxxxxxxxxx>
Subject: Re: Buy Signal
Date: Wed, 14 Jun 2000 16:49:45 -0700
X-Priority: 3
X-MSMail-Priority: Normal
X-Mailer: Microsoft Outlook Express 5.00.2919.6600
X-MimeOLE: Produced By Microsoft MimeOLE V5.00.2919.6600
Sender: owner-metastock@xxxxxxxxxxxxx
Precedence: bulk
Reply-To: metastock@xxxxxxxxxxxxx
Status:   

Guy,
     I'm back from my business trip just in time to see that you went long
again.  Sure hope you are right on again <G>.  I did good while I was gone
even though I was stopped out of several positions.  I'm about 40% cash now
and looking to get back to fully invested when I get caught up.

JimG
----- Original Message -----
From: "Guy Tann" <grt@xxxxxxxxxxxx>
To: "Metastock User Group" <metastock-list@xxxxxxxxxxxxx>
Sent: Tuesday, June 13, 2000 7:44 AM
Subject: Buy Signal


> List,
>
> Well we went long this morning, FWIW.  At the current time, it appears we
> were early again, but we'll see how the day ends.  We did take a nice
profit
> on our short S&P futures and a little one on the short indices.  To be
> honest, being a contrarian is hard on one's nerves.  We're always taking
> major positions with the market going against us and this doesn't help.
> It's a good thing I'm not a drinker or I'd be tempted to start.  In
> addition, you have to remember that we're S&P futures traders and are
trying
> to apply our S&P signals to trading equities and some options.
>
> First, I'll mention my option buy this morning.  I have an order in to buy
3
> Jul 2000 OEX Calls at 33.5.  Again, we are just experimenting with
options,
> but so far the experiment has proven profitable.  I'm really not sure how
to
> buy these.  I took the bid/ask range and put my price right in the middle.
> So far I haven't gotten them.
>
> For those of you who are interested, here is the list of stocks we pulled
> from ValueLine, those that we initially selected and then those that we
> actually bought.
>
> We started with the following list from ValueLine.  We then applied the
1 -
> 1 selection process I discussed before with a beta of 1.25 (all but one
> anyway).  I put an * next to those stocks we selected mechanically (with
our
> SP39 indicator) and a ** next to those we actually bought.
>
> ADCT
> ADBE *
> AMD
> ADI * **
> AMAT
> GLW *
> CSCO
> CYTC
> ESIO
> ERICY * **
> FLEX * **
> IMNX
> ITWO **
> JDSU * **
> KLAC **
> LSI **
> MACR
> MCRL **
> NTAP **
> NOK
> NT
> NVLS * **
> ORCL
> PMCS * **
> RMBS
> SCI *
> SDLI
> SNDK ** I bought this one on my own
> SEBL
> SYMC
> TER * **
> VSH * **
> VTSS
> XLNX **
>
> Totals  11 15 Different stocks
>
> I don't think we'll get hurt too much if we're early on this buy, but I'm
> crossing my fingers (and toes).
>
> Part of our criteria for selecting our stocks in our first pass, was
running
> the various stocks through our SP39 filter and seeing if we had an
> over-bought or over-sold condition.  We haven't really verified this
> technique and are still working on it, but needed something to help us
> winnow down the number of stocks in our list.  We then looked at the
balance
> of the list and added those stocks that had relatively big down days
> yesterday.  Following that, we reviewed our original selections and
dropped
> several stocks so as to limit our number of different companies to 14 (15
in
> my case).
>
> I also wanted to buy RMBS, but my brother hates that stock for some reason
> right now, so we left it off our buy list.  I may buy it in the future.
>
> Let's see what happens.
>
> Guy
>
> Paranoia...you only have to be right once to make it all worthwhile!
>
>