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Jeff,
I entered and ran your Long Term and Short Term moving averages and
thought they were interesting. Have you or do you use any of the rainbow
plots as found at
http://www.equis.com/customer/support/formulas/cf00068.html ? Kaufman's AMA
works very well at filtering out noise and showing the underlying trend.
Something else I sometimes use is a least squares linear regression of the
prices to show the trend and then the slope of the line created by linear
regression to show the rate that prices are changing, although this leads to
more lag than I like. Price ROC works much better for me.
How about some of Wilders indicators such as ADX, +DI and -DI? Since
+DI is just a mirror of -DI, it is more helpful to plot a difference of
them. Aroon and Vidya are often useful in my screening.
-Corey
----- Original Message -----
From: "Jeff Ledermann" <j.ledermann@xxxxxxxxx>
To: <metastock@xxxxxxxxxxxxx>
Sent: Monday, May 07, 2001 1:24 AM
Subject: RE: ...And now, for something completely different. (M. Python)
> Corey
>
> I use a similar layout to you - four charts instead of two because I
suffer from a fairly extreme
> case of indicatoritis and two charts would just get too cluttered. Also I
like to see both the daily
> and weekly continuous as well as spot. I overlay both daily and weekly
charts with multiple moving
> averages (Guppy). These serve much the same purpose as Steve Karnish's
Fib MA's but I think mine
> are prettier. The other indicator that I find particularly helpful is
Perry Kaufman's Adaptive
> Moving Average. The AMA tells you at a glance if prices are actually
going somewhere and in which
> direction.
>
> Jeff
> ===============================
> MA Long Term:
> Mov(C,30,E);
> Mov(C,35,E);
> Mov(C,40,E);
> Mov(C,45,E);
> Mov(C,50,E);
> Mov(C,55,E);
>
> MA Short Term:
> Mov(C,5,E);
> Mov(C,8,E);
> Mov(C,11,E);
> Mov(C,14,E);
> Mov(C,17,E);
>
> Adaptive Moving Average:
> period:=Input("Period",1,250,13);
> DifP:=Abs(C-Ref(C,-1));
> SC:=Power((Abs(C-Ref(C,-period)) / Sum(DifP,period)) * 0.60215{2/3-2/31} +
0.06452{2/31},2);
> AMA:=PREV+(SC*(C-PREV));
> AMA
>
>
> > -----Original Message-----
> > From: owner-metastock@xxxxxxxxxxxxx
> > [mailto:owner-metastock@xxxxxxxxxxxxx]On Behalf Of C.S.
> > Sent: Saturday, 5 May 2001 7:58
> > To: MetaStock List
> > Subject: ...And now, for something completely different. (M. Python)
> >
> > OK, got my panties pulled out and ready for some good exchange of
trading
> > ideas.
>
> Now this is intriguing...
>
>
>
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