|
PureBytes Links
Trading Reference Links
|
Adam,
I have experimented with HI-LO on EOD basis and found that it often runs
very tight to the price bars.
That may be a plus or a minus, according with one's objectives.
For example, it can be used as a good trailing stop if one wants to get out
soon, giving back the less money possible.
On the other end it keeps you out of a strong trend when it pauses or
retraces for a while.
Following its signals during sideways markets could be very expensive .
So I use it as a set up, in conjunction with other less reacting indicators,
to both enter and exit a trade.
Many thanks for the code.
Regards
Tommaso Galanti
Italy
galantit@xxxxxx
----- Original Message -----
From: "Adam Hefner" <vonhef@xxxxxxxxxxxx>
To: <metastock@xxxxxxxxxxxxx>
Sent: Friday, April 28, 2000 5:50 AM
Subject: Re: GANN-HiLo exploration
> Mike,
> Glad to see that some found this code useful,
> do you use any other filters with it?
> Adam
>
>
> ----- Original Message -----
> From: "michael arnoldi" <marnoldi@xxxxxxxxxxxxx>
> To: "A METASTOCK GROUP" <metastock@xxxxxxxxxxxxx>
> Sent: Thursday, April 27, 2000 7:39 PM
> Subject: GANN-HiLo exploration
>
>
> > i took the "GANN-HiLo" indicator one step further- for expoloring in EOD
> > which stocks crossed the GANN-HiLo dots
> >
> > cola buy:
> > Cross(C, Fml("GANN-HiLo")) AND
> > CLOSE > Fml("GANN-HiLo")
> >
> > colb sell:
> > Cross(C, Fml("GANN-HiLo")) AND
> > CLOSE < Fml("GANN-HiLo")
> >
> > filter:
> > cola=1 or colb=1
> >
> >
> > mike arnoldi
> >
>
|