|
PureBytes Links
Trading Reference Links
|
Hello Carlos,
Many thanks for your reply and suggestion.
The CTI, as I understand it, identifies a trend being in place using a
linear regression model. I'll post it when/if I work it out ;-).
Regards,
Kevin
At 16:39 03/11/2003 -0800, you wrote:
>
>Hi Kevin, This is what I have as a Chande Trend Score.
>
>{Taken from Stock Central. If indicates 10, the stock
>is in an up-trend and will stay for as long the
>indicator is in 10.}
>
>ChandeTrend:=If(C>=Ref(C,-11),1,-1)+If(C>=Ref(C,-12),1,-1)+If(C>=Ref(C,-13)
>,1,-1)+If(C>=Ref(C,-14),1,-1)+If(C>=Ref(C,-15),1,-1)+If(C>=Ref(C,-16),1,-1)
>+If(C>=Ref(C,-17),1,-1
>)+If(C>=Ref(C,-18),1,-1)+If(C>=Ref(C,-19),1,-1)+If(C>=Ref(C,-20),1,-1);
>ChandeTrend
>
>I hope it what your are looking.
>
>Cheers,
>
>Carlos.
>=
>
>--- Kevin <kevin_barry@xxxxxxxxxxxxxx> wrote:
> > Hello,
> >
> > I have been reading Tushar Chande's second book in
> > which he describes a
> > trend identifying indicator called the CTI that
> > looks quite interesting.
> >
> > Has anybody had a go at creating this formula in
> > Metastock? I've tried but
> > it is quite complicated and proving to be a little
> > beyond my limited expertise.
> >
> > The only reference that I can find to it on the Web
> > is at:
> >
> >
>http://www.technical-newsletter.de/docs/chande_0402.html
> >
> > The article is in German but non-German speakers can
> > get a translation by
> > going to the page via Google after searching for
> > "Chande Trend Index".
> >
> > Regards,
> > Kevin
> >
> >
>
>
>__________________________________
>Do you Yahoo!?
>Exclusive Video Premiere - Britney Spears
>http://launch.yahoo.com/promos/britneyspears/
>
>
>To unsubscribe from this group, send an email to:
>Metastockusers-unsubscribe@xxxxxxxxxxx
>
>
>
>Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/
------------------------ Yahoo! Groups Sponsor ---------------------~-->
Rent DVDs from home.
Over 14,500 titles. Free Shipping
& No Late Fees. Try Netflix for FREE!
http://us.click.yahoo.com/I3w.vC/hP.FAA/3jkFAA/zMEolB/TM
---------------------------------------------------------------------~->
To unsubscribe from this group, send an email to:
Metastockusers-unsubscribe@xxxxxxxxxxx
Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/
|