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I visited Bierovic's Synergy Trader. Will read the free weekly
newsletter for a bit. Could you briefly summarize what his approach
is?
I searched on Bierovic to get to Synergy Trader. Could you be
a bit more specific for Ross. Could you briefly summarize what his approach
is?
David
<BLOCKQUOTE
>
----- Original Message -----
<DIV
>From:
<A title=no_reply@xxxxxxxxxxxxxxx
href="">pumrysh
To: <A
title=equismetastock@xxxxxxxxxxxxxxx
href="">equismetastock@xxxxxxxxxxxxxxx
Sent: April 5, 2003 2:59 PM
Subject: Re: [EquisMetaStock Group] Help
with breakout exploration.
David,Like the way you think!If you get a
chance, check some of Tom Bierovic's work. Ross hook's also come to
mind.Bierovic simply used MA's of the Low and High. You're
right about the timeframe that I used on KO and the downtrend. One of the
great things about living through the "bubble" is that we can easily
obtain data in bull, bear, and consolidation phases. The most
important thing in TA is knowing what the trend is.Preston---
In equismetastock@xxxxxxxxxxxxxxx, "DAVID H. LINTON"
<dhlinton@xxxx> wrote:> Preston> 1. I see exactly what
you mean. On KO, you have to go back to Mar 15, 01 to find this indicator
working as a breakout tool. KO has been in a solid downtrend since
then.> 2. So why does a breakout tool help identify sell points in a
downtrend? The answer is that it signals rallies and, in a downtrend,
short sell opportunities follow the rallies.> 3. So, here is more
of the scan code that, as a breakout tool, ensures we are in at least a
short term uptrend.> Mov(C,20,S)>Mov(C,40,S) AND C>Mov(C,40,S)
AND> C > Ref(HHV(C,10),-1) AND > Ref(LLV(O,10),-1) > .95 *
Ref(HHV(C,10),-1) AND> Ref(LLV(C,10),-1) > .95 *
Ref(HHV(O,10),-1)> 4. As an indicator, this should do a better job of
pointing out breakouts that have a better chance of continuing up because
they are in an uptrend. False signals (sees) could be reduced by demanding
a longer term uptrend.> My thoughts> David> >
> ----- Original Message ----- > From: pumrysh
> To: equismetastock@xxxxxxxxxxxxxxx >
Sent: April 4, 2003 11:38 PM> Subject: Re: [EquisMetaStock
Group] Help with breakout exploration.> >
> Forgot the indicator> > C >
Ref(HHV(C,10),-1) AND > Ref(LLV(O,10),-1) > .95 *
Ref(HHV(C,10),-1) AND> Ref(LLV(C,10),-1) > .95 *
Ref(HHV(O,10),-1)> > > --- In
equismetastock@xxxxxxxxxxxxxxx, pumrysh <no_reply@xxxx>
wrote:> > David,> >
> > In order to save time I often use a formula as an
indicator. The > > signal is +1 when the condition
is met. In your case that is > exactly >
> what I did. When I placed the indicator on a coca-cola chart I had
> a > > number of great sell opps.
Keep in mind that the conditions of your > > test
and mine were different as they should be. Some systems work
> > better on different types of stocks than
others...that's not > > uncommon. The beauty of being
able to test ahead of time is knowing > > which
system is likely to work the best.> >
> > A technical analysis should always be aware of
varying market > > conditions.> >
> > Preston> >
> > > > --- In
equismetastock@xxxxxxxxxxxxxxx, "DAVID H. LINTON" >
> <dhlinton@xxxx> wrote:> > >
pumrysh> > > Can you tell me in some detail what you
did. > > > This is a MetaStock exploration. As with
all explorations, it is > > intended to scan a
universe of stocks.> > > If you copied it into a new
exploration and ran it on COKE and/or > > KO, you
would get a result only if the stock was breaking out. It
> can > > not identify selling
opportunities.> > > Did you perhaps convert it into
an indicator. If so, please post > > the code you
used.> > > David> >
> ----- Original Message ----- > >
> From: pumrysh > > > To:
equismetastock@xxxxxxxxxxxxxxx > > >
Sent: April 4, 2003 2:49 PM> > > Subject:
Re: [EquisMetaStock Group] Help with breakout > >
exploration.> > > > > >
> > > Tried your scan on coke and found
more selling opportunities.> > >
> > > P> > >
> > > --- In
equismetastock@xxxxxxxxxxxxxxx, "DAVID H. LINTON" >
> > <dhlinton@xxxx> wrote:> >
> > Here is a breakout scan I have been developing recently.
> > > > > >
> > C > Ref(HHV(C,10),-1) AND > >
> > Ref(LLV(O,10),-1) > .95 * Ref(HHV(C,10),-1)
AND> > > > Ref(LLV(C,10),-1) > .95
* Ref(HHV(O,10),-1)> > > >
> > > > Comments would be
appreciated.> > > > Also, if anyone
has the congestion and consolidation formulae > >
> previously mentioned, please post.> >
> > Thanks> > > >
David> > > > > >
> > > > ----- Original
Message ----- > > > >
From: ct1942 > > > > To:
equismetastock@xxxxxxxxxxxxxxx > > >
> Sent: April 4, 2003 10:56 AM> >
> > Subject: [EquisMetaStock Group] Help with
breakout > > exploration.> >
> > > > > >
> > > > At one time I had
two explorations, one for breakouts and > one
> > for > > >
> breakdowns. I think they used a congestion index formula
> and > > a > >
> > consolidation formula.>
> > > > > >
> My hard drive crashed 3 months ago and apparently these
> > > explorations >
> > > were not backuped.>
> > > > > >
> If someone has these, I would appreciate their sharing
them > > with > >
> me.> > > >
> > > > Thanks,
> > > > > >
> > Cordell Thomas > >
> > > > > > >
> > >
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