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Preston
I have spent so much time on this I think I have developed carpel tunnel
syndrome.
I really am at a loss. I know what I want to see and I fully believe that I
am on the road to creating an expert that will buy the dips in an uptrend.
I faxed the basic structure to Metastock. For a 30 buck minimum they will
provide a formula. In the mean time I will keep trying different ideas as
they come up.
Martin Blain
Burlington Ontario
----- Original Message -----
From: "P Umrysh" <pumrysh@xxxxxxxxx>
To: <Metastockusers@xxxxxxxxxxxxxxx>
Sent: Tuesday, March 16, 2004 11:00 AM
Subject: [Metastockusers] Re: Weekend Analysis 07 Mar 04
> Martin,
>
> I tried your code and can see where the bad signals occur. The best
> way that I know to test the code and correct the erroneous signals is
> to create a binary buy signal indicator and plot it on a chart.
> Like this:
>
> {BUY}
> RSI(21)<50
> AND
> CCI(7)<100
> AND
> C>Mov(c,70,e)
> AND
> C<Mov(c,20,e)
> AND
> (Mov(C,20,E) >Mov(C,50,E))
> and
> (Hammer() or BullHaramiCross() or LongLowerShadow() OR RisingWindow()
> OR 3WhiteSoldiers() OR EngulfingBull())
>
> This will produce a 1 when the condition is true. Next add the RSI
> and CCI to the chart. Plot your MA's on the price. Next open up the
> binary and bracket out {} the different sections one at a time. I
> think the candles are okay. I would focus on the timeframes. Just off
> the top of my head I see a short-term CCI with a intermediate-term
> RSI. Hope this helps.
>
>
> Preston
>
>
>
>
> --- In Metastockusers@xxxxxxxxxxxxxxx, "Martin Blain" <martin@xxxx>
> wrote:
> > Dusant
> > The code seems to work well when it works. It just that it picks up
> the wrong signals sometimes. I realize I could just ignore bad
> signals. My biggest problem lies with the and(s) and or(s)
> > Martin Blain
> > Burlington Ontario
> > ----- Original Message -----
> > From: Dusant
> > To: Metastockusers@xxxxxxxxxxxxxxx
> > Sent: Tuesday, March 16, 2004 6:53 AM
> > Subject: Re: [Metastockusers] Weekend Analysis 07 Mar 04
> >
> >
> > Martin,
> >
> > Would love to test it out, but unfortunately, I cannot do an
> extensive. My website is taking more of my time. What I can suggest
> is that you create an expert, with signals, so that you can scroll
> thru a number of stocks in a very short while. It will give you
> a "gut feel" of the system.
> >
> > Dusant
> > Chief Architect
> > http//www.candlestrength.com/
> > ----- Original Message -----
> > From: Martin Blain
> > To: Metastockusers@xxxxxxxxxxxxxxx
> > Sent: Monday, March 15, 2004 5:41 PM
> > Subject: Re: [Metastockusers] Weekend Analysis 07 Mar 04
> >
> >
> > Dusant
> > Could you help with a little code I am working on. Any help
> would be appreciated.
> > I am trying to say that the stock is below 20dma but above
> 70dma. The 20dma is above the 50dma. This last part doesn't seem to
> work all the time. Same for the Candlesticks. Sometimes I get false
> signals.
> >
> > BUY
> > RSI(21)<50 AND CCI(7)<100 AND C>Mov(c,70,e) AND C<Mov(c,20,e)
> AND (Mov(C,20,E) >Mov(C,50,E)) and (Hammer() or BullHaramiCross()
> or LongLowerShadow() OR RisingWindow() OR 3WhiteSoldiers() OR
> EngulfingBull())
> >
> > SELL
> > C<Mov(c,75,e) AND C<Mov(c,50,e)
> >
> >
> > Martin Blain
> > Burlington Ontario
> >
>
>
>
>
>
> Yahoo! Groups Links
>
>
>
>
>
>
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