|
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 5.00.2614.3500" name=GENERATOR>
<STYLE></STYLE>
</HEAD>
<BODY bgColor=#ffffff>
<DIV><FONT face=Arial size=2>
<DIV><FONT face=Arial size=2>I'm trying to use a trading system based on
Candlesticks (Body Momentum - Perry Kaufman printed by VonHef on this list
sometime ago, thanks VonHef). When I use in the system tester the following
entry and exit conditions (long or short), the tester gives several
entries/exits even though there is not a syntax condition to do so (this is my
personal appreciation).</FONT></DIV>
<DIV> </DIV>
<DIV>
<DIV><FONT face=Arial size=2>Mov((Sum((CLOSE -OPEN) >0,opt7)/<BR>(Sum((CLOSE
-OPEN) >0,opt7)+<BR>Sum((CLOSE -OPEN) <0,opt7)))*100,opt8,S)</FONT></DIV>
<DIV><FONT face=Arial size=2>(where opt7 is 1 to 3, and
opt8 is 1 to 5)</FONT></DIV>
<DIV><FONT face=Arial size=2></FONT> </DIV>
<DIV>My question is what is the system tester "thinking" regarding delivering
entry/exit signals when there are not conditions?</DIV>
<DIV> </DIV>
<DIV>I have read somewhere that if a moving average of close prices (with no
conditions) is placed in the system tester editor entries, the tester will give
entries when the moving average crosses closing prices. Well, that could be ok,
but what happens when instead of having a moving average you have a system
like the one described above?.</DIV>
<DIV> </DIV>
<DIV>The reason I would like to know the answer to my questions is
that I need to translate the metastock code into Visual Basic to work it with
Excel, and I'm lost here.</DIV>
<DIV> </DIV>
<DIV>Thank you for your help, Manuel
Barquin</DIV></DIV></FONT></DIV></BODY></HTML>
</x-html>From ???@??? Sun Apr 23 12:52:34 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 KAA10802
for <neal@xxxxxxxxxxxxx>; Sun, 23 Apr 2000 10:33:28 -0700
Received: (from majordom@xxxxxxxxx)
by listserv.equis.com (8.8.7/8.8.7) id JAA09793
for metastock-outgoing; Sun, 23 Apr 2000 09:39:01 -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 JAA09790
for <metastock@xxxxxxxxxxxxxxxxxx>; Sun, 23 Apr 2000 09:38:58 -0600
Received: from smtp02.wxs.nl (smtp02.wxs.nl [195.121.6.60])
by freeze.metastock.com (8.8.5/8.8.5) with ESMTP id JAA13250
for <metastock@xxxxxxxxxxxxx>; Sun, 23 Apr 2000 09:51:46 -0600 (MDT)
Received: from escom ([195.121.218.14]) by smtp02.wxs.nl
(Netscape Messaging Server 3.61) with SMTP id AAC4819
for <metastock@xxxxxxxxxxxxx>; Sun, 23 Apr 2000 17:34:50 +0200
Message-ID: <00d501bfad39$e91e9560$0eda79c3@xxxxx>
From: "A.J. Maas" <anthmaas@xxxxxxxxx>
To: "Metastock-List" <metastock@xxxxxxxxxxxxx>
References: <009e01bfa660$01bd07e0$70da79c3@xxxxx> <005901bfa6e8$00ab19e0$786fa8c0@xxxxx>
Subject: Re: Mother of all Highs
Date: Sun, 23 Apr 2000 17:36:15 +0200
Organization: Ms-IRB
MIME-Version: 1.0
Content-Type: multipart/mixed;
boundary="----=_NextPart_000_00C5_01BFAD4A.6CE9A5A0"
X-Priority: 3
X-MSMail-Priority: Normal
X-Mailer: Microsoft Outlook Express 5.50.3825.400
X-MimeOLE: Produced By Microsoft MimeOLE V5.50.3825.400
Sender: owner-metastock@xxxxxxxxxxxxx
Precedence: bulk
Reply-To: metastock@xxxxxxxxxxxxx
Status:
<x-html><!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN">
<HTML xmlns="http://www.w3.org/TR/REC-html40"; xmlns:v =
"urn:schemas-microsoft-com:vml" xmlns:o =
"urn:schemas-microsoft-com:office:office" xmlns:w =
"urn:schemas-microsoft-com:office:word"><HEAD>
<META http-equiv=Content-Type content="text/html; charset=iso-8859-1">
<META content=Word.Document name=ProgId>
<META content="MSHTML 5.50.3825.1300" name=GENERATOR>
<META content="Microsoft Word 9" name=Originator><LINK
href="cid:filelist.xml@xxxxxxxxxxxxxxxxx"; rel=File-List><!--[if gte mso 9]><xml>
<o:OfficeDocumentSettings>
<o:DoNotRelyOnCSS/>
</o:OfficeDocumentSettings>
</xml><![endif]--><!--[if gte mso 9]><xml>
<w:WordDocument>
<w:Zoom>0</w:Zoom>
<w:DocumentKind>DocumentEmail</w:DocumentKind>
<w:EnvelopeVis/>
<w:Compatibility>
<w:ForgetLastTabAlignment/>
<w:DoNotUseHTMLParagraphAutoSpacing/>
</w:Compatibility>
</w:WordDocument>
</xml><![endif]-->
<STYLE>@font-face {
font-family: Wingdings;
}
@font-face {
font-family: Tahoma;
}
P.MsoNormal {
FONT-SIZE: 12pt; MARGIN: 0in 0in 0pt; FONT-FAMILY: "Times New Roman"; mso-style-parent: ""; mso-pagination: widow-orphan; mso-fareast-font-family: "Times New Roman"
}
LI.MsoNormal {
FONT-SIZE: 12pt; MARGIN: 0in 0in 0pt; FONT-FAMILY: "Times New Roman"; mso-style-parent: ""; mso-pagination: widow-orphan; mso-fareast-font-family: "Times New Roman"
}
DIV.MsoNormal {
FONT-SIZE: 12pt; MARGIN: 0in 0in 0pt; FONT-FAMILY: "Times New Roman"; mso-style-parent: ""; mso-pagination: widow-orphan; mso-fareast-font-family: "Times New Roman"
}
A:link {
COLOR: blue; TEXT-DECORATION: underline; text-underline: single
}
SPAN.MsoHyperlink {
COLOR: blue; TEXT-DECORATION: underline; text-underline: single
}
A:visited {
COLOR: blue; TEXT-DECORATION: underline; text-underline: single
}
SPAN.MsoHyperlinkFollowed {
COLOR: blue; TEXT-DECORATION: underline; text-underline: single
}
P.MsoAutoSig {
FONT-SIZE: 12pt; MARGIN: 0in 0in 0pt; FONT-FAMILY: "Times New Roman"; mso-pagination: widow-orphan; mso-fareast-font-family: "Times New Roman"
}
LI.MsoAutoSig {
FONT-SIZE: 12pt; MARGIN: 0in 0in 0pt; FONT-FAMILY: "Times New Roman"; mso-pagination: widow-orphan; mso-fareast-font-family: "Times New Roman"
}
DIV.MsoAutoSig {
FONT-SIZE: 12pt; MARGIN: 0in 0in 0pt; FONT-FAMILY: "Times New Roman"; mso-pagination: widow-orphan; mso-fareast-font-family: "Times New Roman"
}
SPAN.EmailStyle18 {
COLOR: navy; mso-ascii-font-family: Arial; mso-hansi-font-family: Arial; mso-bidi-font-family: Arial; mso-style-type: personal; mso-ansi-font-size: 10.0pt
}
SPAN.EmailStyle19 {
COLOR: #993366; mso-ascii-font-family: Arial; mso-hansi-font-family: Arial; mso-bidi-font-family: Arial; mso-style-type: personal-reply; mso-ansi-font-size: 10.0pt
}
DIV.Section1 {
page: Section1
}
</STYLE>
<!--[if gte mso 9]><xml>
<o:shapedefaults v:ext="edit" spidmax="1027"/>
</xml><![endif]--><!--[if gte mso 9]><xml>
<o:shapelayout v:ext="edit">
<o:idmap v:ext="edit" data="1"/>
</o:shapelayout></xml><![endif]--></HEAD>
<BODY lang=EN-US style="tab-interval: .5in" vLink=blue link=blue bgColor=white>
<DIV><FONT size=2>Analysis are the (studies/indicators/hand drawn) addittions
made to a Chart and its next up</FONT></DIV>
<DIV><FONT size=2>result is drawing the conclusions from it.</FONT></DIV>
<DIV><FONT size=2></FONT> </DIV>
<DIV><FONT size=2>After the Analysis and ready for a trade:</FONT></DIV>
<DIV><FONT size=2></FONT> </DIV>
<DIV><FONT size=2>1) This Layout's Chart I will (have to) adjust
for example "only slightly" for the (2 bottom) figure</FONT></DIV>
<DIV><FONT size=2> lines </FONT><FONT size=2>of the
Daimond </FONT><FONT size=2>pattern, and only if </FONT><FONT
size=2>Price will soon go lower than the current crash's</FONT></DIV>
<DIV><FONT size=2> Low @ 3227. </FONT><FONT size=2>Since
that this is still to happen (reaching the former 2898 Breakout),
than</FONT></DIV>
<DIV><FONT size=2> this </FONT><FONT
size=2>Layout </FONT><FONT size=2>and its Chart
are also dynamic{as was written in an earlier
mail}.</DIV></FONT>
<DIV><FONT size=2> </DIV></FONT>
<DIV><FONT size=2> This RSI 2nd Lower High downtrade was
called on 0313 with the RSI falling out</FONT></DIV>
<DIV><FONT size=2> of its </FONT><FONT size=2>DownTrend's
Rising Wedge pattern(=bearish), and later confirmed by first</FONT></DIV>
<DIV><FONT size=2> the on 0314 RSI return-attempt(pull back)
to get back into the Wedge pattern and</FONT></DIV>
<DIV><FONT size=2> with the 0315 RSI </FONT><FONT
size=2>failure drop to follow and also SOLIDLY confirmed on 0316<FONT
size=3> </FONT>by</FONT></DIV>
<DIV><FONT size=2> the Coppock.</FONT></DIV>
<DIV><FONT size=2></FONT> </DIV>
<DIV><FONT size=2>2) Wait for the Falling Wedge's falling Accelerator Line to
get Up broken(in a downtrend=bullish).</FONT></DIV>
<DIV><FONT size=2> - Its 0324 current Value is
3995 </FONT><FONT size=2>but since that Price hasn't Temp-bottomed yet
</FONT></DIV>
<DIV><FONT size=2> (eg, no re-test{s} and see
#1), you </FONT><FONT size=2>will not have to rush.</FONT></DIV>
<DIV><FONT size=2> -</FONT> <FONT size=2>The Best
bottoming signal is a now produced 2nd Higher Price </FONT><FONT size=2>Low
WITH </FONT><FONT size=2>for minimum an</DIV></FONT>
<DIV><FONT size=2> </FONT><FONT size=2>acceptable
true RSI divergence.</DIV></FONT>
<DIV><FONT size=2></FONT> </DIV>
<DIV><FONT size=2> If you feel you are <Trade-wise>
inexperiend, than ride the </FONT><FONT
size=2>"pre-mature </FONT><FONT size=2>breaks" as you</FONT></DIV>
<DIV><FONT size=2> would play Casino's: "Profits"(if
any) can go either way </FONT><FONT size=2>(positive or
negative), </FONT><FONT size=2>eg and</FONT></DIV>
<DIV><FONT size=2> relies solely and totaly on pure luck (in
some "markets" you will have that luck and in</FONT></DIV>
<DIV><FONT size=2> some </FONT><FONT size=2>you
won't), but better if you don't play Casino's than DON'T ride these type of
breaks.</DIV></FONT>
<DIV><FONT size=2></FONT> </DIV>
<DIV><FONT size=2> Do ride the "matured breaks"** tho, since
Pull Backs (=technical corrections, and based on</FONT></DIV>
<DIV><FONT size=2> an in this </FONT><FONT
size=2>instance </FONT><FONT size=2>well esthablished "down trend") back to
f.e. the Median @ 4450), are</FONT></DIV>
<DIV><FONT size=2> always </FONT><FONT size=2>bound to
happen, but too, rest asured that this (as well as its previous High
developing</FONT></DIV>
<DIV><FONT size=2> too </FONT><FONT size=2>takes up time
to develop) and action </FONT><FONT size=2>will display in the Price only
much later on in the</FONT></DIV>
<DIV><FONT size=2> year, eg </FONT><FONT
size=2>well over a period of min. 6 months {playing options this can be too
long and become</FONT></DIV>
<DIV><FONT size=2> cumbersome}.</FONT></DIV>
<DIV><FONT size=2></FONT> </DIV>
<DIV><FONT size=2> Also, the lower the Price is going now, the
lesser the chance there is that such a maximum</FONT></DIV>
<DIV><FONT size=2> corrective </FONT><FONT size=2>Pull
Back will succeed to reach its maximum Target (in this instance the higer
up</FONT></DIV>
<DIV><FONT size=2> Horizontal </FONT><FONT
size=2>Channel'</FONT><FONT size=2>s Median </FONT><FONT size=2>line
@4450).</FONT></DIV>
<DIV><FONT size=2></FONT> </DIV>
<DIV><FONT size=2>**solid = confirmations from variant sources
(RSI+Coppock+Patterns+Lines+Analysis)</DIV></FONT>
<DIV><FONT size=2></FONT> </DIV>
<DIV>Regards,<BR>Ton Maas</DIV>
<DIV><A
href="mailto:Maasms-irb@xxxxxxxxxxxxxxxx";>ms-irb@xxxxxxxxxxxxxxxx</A><BR>Dismiss
the ".nospam" bit (including the dot) when replying.<BR>Homepage <A
href="http://home.planet.nl/~anthmaas";>http://home.planet.nl/~anthmaas</DIV></A>
<DIV> </DIV>
<DIV> </DIV>
<BLOCKQUOTE dir=ltr
style="PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
<DIV style="FONT: 10pt arial">----- Original Message ----- </DIV>
<DIV
style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black"><B>From:</B>
Adam Hefner
</DIV>
<DIV style="FONT: 10pt arial"><B>To:</B> <A title=metastock@xxxxxxxxxxxxx
href="mailto:metastock@xxxxxxxxxxxxx";>metastock@xxxxxxxxxxxxx</A> </DIV>
<DIV style="FONT: 10pt arial"><B>Sent:</B> zaterdag 15 april 2000 16:36</DIV>
<DIV style="FONT: 10pt arial"><B>Subject:</B> Re: Mother of all Highs</DIV>
<DIV><BR></DIV>
<DIV><FONT size=2>Ton, </FONT></DIV>
<DIV><FONT size=2> I always find your charts interesting!
The general logic is fairly easy to follow</FONT></DIV>
<DIV><FONT size=2>since you seem to be counting waves (Elliot theory?) and
plotting angle lines.</FONT></DIV>
<DIV><FONT size=2></FONT> </DIV>
<DIV><FONT size=2> I have a couple of questions:</FONT></DIV>
<DIV> </DIV>
<DIV><FONT size=2>1. Does the market ever make moves that cause your angle
lines and/or counts</FONT></DIV>
<DIV><FONT size=2> to be re-adjusted, thus causing a
recalculation of your analysis?</FONT></DIV>
<DIV> </DIV>
<DIV><FONT size=2>2. I have learned over the past year that analysis and
trading are two different things,</FONT></DIV>
<DIV><FONT size=2> so once</FONT><FONT size=2> you have the
chart analyzed how do you trade this?</FONT></DIV>
<DIV> </DIV>
<DIV><FONT size=2>You have probably answered these questions before (if so I
apologies), but</FONT><FONT size=2> I ask </FONT><FONT size=2></FONT></DIV>
<DIV><FONT size=2>these questions with the utmost respect for your work
and generosity to this list</FONT><FONT size=2>.</FONT></DIV>
<DIV> </DIV>
<DIV><FONT size=2> Adam Hefner</FONT></DIV><![if !supportEmptyParas]><![endif]><![if !supportEmptyParas]><![endif]><![if !supportEmptyParas]><![endif]><![if !supportEmptyParas]><![endif]><![if !supportEmptyParas]><![endif]><![if !supportEmptyParas]><![endif]><!--[if supportFields]><span class=EmailStyle19><font
size=2 color="#993366" face=Arial><span style='font-size:10.0pt;mso-bidi-font-size:
12.0pt;font-family:Arial'><span style='mso-element:field-begin'></span><span
style="mso-spacerun: yes"> </span>AUTOTEXTLIST \s "E-mail
Signature" <span style='mso-element:field-separator'></span></span></font></span><![endif]--><![if !supportEmptyParas]><![endif]><!--[if supportFields]><span class=EmailStyle19><font
size=2 color="#993366" face=Arial><span style='font-size:10.0pt;mso-bidi-font-size:
12.0pt;font-family:Arial'><span style='mso-element:field-end'></span></span></font></span><![endif]--><![if !supportEmptyParas]><![endif]><![if !supportEmptyParas]><![endif]><![if !supportEmptyParas]><![endif]><!--[if supportFields]><span
class=EmailStyle18><font size=2 color=navy face=Arial><span style='font-size:
10.0pt;mso-bidi-font-size:12.0pt;font-family:Arial'><span style='mso-element:
field-begin'></span><span style="mso-spacerun: yes"> </span>AUTOTEXTLIST
\s "E-mail Signature" <span style='mso-element:field-separator'></span></span></font></span><![endif]--><!--[if supportFields]><span
class=EmailStyle18><font size=2 color=navy face=Arial><span style='font-size:
10.0pt;mso-bidi-font-size:12.0pt;font-family:Arial'><span style='mso-element:
field-end'></span></span></font></span><![endif]--></BLOCKQUOTE></BODY></HTML>
</x-html>
Attachment Converted: "f:\eudora\attach\NASD0423.gif"
|