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ok then.
let me hear your idea about ichimoku kinko
hyo?
(as you see, we are also keeping up with the latest
discussion about racism stuff)
cheers
----- Original Message -----
Sent: Sunday, January 30, 2005 9:43
PM
Subject: [Metastockusers] Re: Trending
Market
The AMA stands for adaptive moving average. Plug
Kaufman AMA into a
search window and find out something about it.
You simply plot it over the price, just like any other moving
average.
When it's flat, there is no trend. Nothing gets easier than this.
If this don't solve your problem. I don't have anything else that
will
either. You may be stuck with never knowing the trend. Try Elliot
Waves.
--- In Metastockusers@xxxxxxxxxxxxxxx, "K U R E K C
I" <kurekci@xxxx>
wrote:
> superfraga, i kindly thank you for
your effort. but i am terribly
that i couldnt see anything special with the
floowing code. in which
way it gives a prediction? you can see the
consolidation when you look
at the prices, when there is a break out the
ama also moves, how do
you use it? i thik it may be that you may like its
smoothing function?
>
> do you plot it on the prices? i even
tried boll. bad with of ama but
still couldnt find it valuable. the only
thing i may see is the
contraria trading, that is if prices are
consolidating wait for some
volatility to come, but it is of course
observable when you monitor
the prices or draw a support/ressistace
manually. i added a mov avg to
the ama still there are swings, maybe if we
optimize... what do you
say? but still that would make it a normal trigger.
>
> 200 ma is especially important i euro dollar trading. once
you plot
you would see it. the paramters may differ acc. to the market you
are
trading it.
>
> thanks
>
>
> ----- Original Message -----
> From:
superfragalist
> To: Metastockusers@xxxxxxxxxxxxxxx
> Sent: Sunday, January 30, 2005 8:41
PM
> Subject: [Metastockusers] Trending Market
>
>
>
> I think you may be looking at this in
too complex a way. The moving
> averages do tell you what to
do in all types of markets.
>
> You might try using
Kaufman's AMA. If you put a 20 bar on your chart
> you will
notice it goes flat when the prices are consolidating.
>
Otherwise it shows the trend. Here's the code.
>
>
> Periods:=Input("Time Periods",1,1000, 5);
> Direction := CLOSE -
Ref(CLOSE,-periods);
> Volatility :=
Sum(Abs(ROC(CLOSE,1,$)),periods);
> ER :=
Abs(Direction/Volatility);
> FastSC := 2/(2 +
1);
> SlowSC := 2/(30 + 1);
> SSC := ER *
(FastSC - SlowSC) + SlowSC;
> Constant :=
Pwr(SSC,2);
> AMA:=If(Cum(1)=periods
+1,Ref(C,-1)+constant*(C-Ref(C,-1)),
>
PREV*(1-Constant)+C*Constant);
> AMA;
>
> If you need a bit more, Roy published the B&Q
indicators in his
> newsletter which are the simplist
methods of determining trend I have
> seen and they're
highly accurate. You will see that the B&Q agree with
>
Kaufman.
>
> For daily moving I use 4, 9 and 18 bar.
Sometimes I look at the 5, 20
> and 50 but not the
200MA.
>
> For weekly I use either 10 and 40 or 5, 15
and 40.
>
> Put this stuff on a chart. The Kaufman
is the easiest to read. If it's
> flat there is no trend.
>
> --- In Metastockusers@xxxxxxxxxxxxxxx, "K U R E
K C I" <kurekci@xxxx>
> wrote:
>
> dear superfraga,
> > you are also saying that
sometimes market is not trending, when you
> say "
divergence works best when the market isn't
> >
trending"
> > problem is "weekly
> >
and daily moving averges to figure out which direction to trade
in"
> >
> > these mov avg guys
always show a direction to trade in!!!
> > but infact
this is not correct, sometimes you should not trade in
>
that direction either because market is not in a trend and
divergences
> should be monitored and mov avg's are just
doing dump swings, or maybe
> even you should not trade at
all...
> >
> > the least swinging
idicator i know is 200ma.
> > what i want is an
indicator like ADX of wilder to show if market is
> tredin
-no matter the direction thats generally obvious- or not
>
trending. but i wasnt satisfied with adx or vhf.. if you forget
about
> the indicators and look at history, it is
possible to draw some
> bands, when broken there is a trend,
otherwise just moving based on
> divergences. in tehese
intervals most of the ma trend indicators would
> suggest
swing, or simply drift inn the way of latest market
movement,
> like moving in the wind without showing the real
sentiment. i want an
> indicator to show the market is
trending or not. i even tried
> bollinger bandwith, which i
suppose looked better than the others but
> still not
sharp.
> >
> > i am currently
schaff cycle, but when try to fit the parameters for
> a
time interval, they simply dont fit the other periods when tehere
is
> a trend. i know that you'll say no ez lunch, different
strategy for
> each interval, but there should be some kind
of a trigger even to
> switch between
strategies..
> >
> > sorry for
inconvenoence, but i am spending hours, days looking at
>
the chart but still couldnt find it out. though i still believe
that
> there should be something without any swing. is it
only the support
> and res. that you draw manually?
:-)
> >
> >
cheers
> >
> > -----
Original Message -----
> > From:
superfragalist
> > To:
Metastockusers@xxxxxxxxxxxxxxx
> > Sent:
Sunday, January 30, 2005 5:30 PM
> > Subject:
[Metastockusers] Re: RE:MACD Histogram Divergence kit
>
satisfaction
> >
> >
> >
> > Hey, Kurekci,
you're right divergence works best when the
market
isn't
> > trending. But I don't understand
your question about not
knowing how
> > to
find the trend. I've posted several times about how to
use
weekly
> > and daily moving averges to
figure out which direction to
trade in.
> >
> > If you aren't sure what I was getting
at, ask a few questions.
> >
> >
> > --- In Metastockusers@xxxxxxxxxxxxxxx,
"K U R E K C I"
<kurekci@xxxx>
> >
wrote:
> > > whatever the system is i
would test if it suits me for some
time eh?
>
> >
> > > divergence is
cool, but it doesnt work all the time, whats
more i
>
> suppose it fails generally.
>
> >
> > > what i found
out is especially if the market is trending the
>
> divrgence trading fails. but if the market is not
trending
> > (terminology by wilder)
divergence trading works.
> > >
> > > my problem is finding out a solid
indicator to see if market is
> > trending or
not...
> > > maybe a composite indicator i
dunno...
> > >
>
> > superfraga gave a very different angle to my problem.
he
said it is
> > not important to catch
the tred, more important is that you
get on it
>
> at a point and not leave early..
>
> >
> > > i have to
think about it but still my life would be much
easier if
i
> > caolu find something to see if market
is treding or not. : ))
> > >
> > > whatever discussio we have we
should preserve the friendly
> > atmosphere
here, right?
> > >
>
> > cheers
> > >
> > >
>
> > ----- Original Message -----
> > > From: Jay
> > > To:
Metastockusers@xxxxxxxxxxxxxxx
> >
> Sent: Sunday, January 30, 2005 12:42 PM
>
> > Subject: [Metastockusers] RE:MACD Histogram
Divergence kit
> >
satisfaction
> > >
>
> >
> > >
To me a complete trading system means that it is totally
>
> mechanical and you
> >
> take every entry and exit signal. I have not found
any
"complete"
> > system
> > > that works with
MetaStock.
> > >
>
> >
> > >
> > > However, while trying
to use the MACDH system for my EOD
futures
>
> trading I
> >
> have found several errors in it. Many times, it fails
to
generate
> > signals
> > > when there is in fact
divergence; it generates signals
when there
>
> is no
> > >
divergence; and the MACDH Exploration at times returns
signals
> > that are not
>
> > identified by the MACDH Expert. Also,
the documentation is
> > horribly lacking
> > > and while this 'system'
claims to be a MACD Histogram system,
> >
nowhere in any
> > > of the
documentation or in communication with Jose will
he
provide
> > that
>
> > formula for the MACD
Histogram
> > >
>
> >
> > >
> > > While Jose is a
MetaStock savant, he becomes a raving
maniac when
>
> you point
> >
> out the errors of his system and refuses to investigate
them
> > claiming that
>
> > his MACDH is "perfect" - as is. That
is, he believes it
has no
> >
errors.
> > >
>
> >
> > >
> > > If you wish to view
divergence, you can plot the MACD
Histogram
>
> (formula
> >
> below) and watch it for yourself. You do not need the
MACDH
> > software. The
> > > MACD Histogram system
is vastly overpriced, has many
errors, and
>
> support is
> >
> very much lacking. The Walter Bressert system
runs
circles around
> > it and is
> > > much, much
cheaper.
> > >
>
> >
> > >
> > >
>
> >
> > >
Jim
> > >
>
> >
> > >
> > > The MetaStock formula
for the MACD Histogram is:
> > >
> > >
>
> >
> > > (
Mov( C,12,E ) - Mov( C,26,E ) ) - Mov( ( Mov( C,12,E ) -
Mov(
> > > C,26,E ) ),9,E
)
> > >
>
> >
> > >
> > >
>
> >
> > >
> > >
>
> >
> > >
Kathay wrote:
> > >
>
> > > this is not a complete
trading
> > > > system but
provides great signals and you will use your
>
favourite
> > > > money
management methods to beat the market.
> >
>
> > > Sorry for my
humble question but isn't that more sensible
and more
>
> > marketable to sell it as a complete trading
systems?
> > >
>
> >
> > >
Kathay
> > >
>
> >
> > >
> > >
>
> >
> >
>
> >
>
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