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Yes I am aware of the many many add-ons you can buy for MS. That in
fact is why there is such a large cottage industry out there - they
supply all of the features that MS LACKS.
I participate in this forum because I used to use MS and still attend
a local MS user group.
I then moved to the eSignal platform that uses JavaScript for custom
indicators. Unfortunately, it is not possible to run a custom
indicator against a custom list of stocks in eSig - no Explorations.
SOOOOOOO I started looking again - this time I discovered AmiBroker.
AB is an extremely capable and low cost package that has all of the
features I want. It has a developer that responds to requests by the
user community for new features. Plus a very lively and helpful user
community here in Yahoo Groups.
I am no longer looking for TA software.
ReefBreak
Private Investor
Nothing for sale
No website
--- In equismetastock@xxxxxxxxxxxxxxx, "david" <dwei9361@xxxx> wrote:
>
> Ed not sure if you have come across it yet, but I saw on the equis
forums
> mention of this,
>
> http://www.traderhelp.net/products/ttbox.html
>
> regards
>
> Dave
>
>
> -----Original Message-----
> From: equismetastock@xxxxxxxxxxxxxxx
[mailto:equismetastock@xxxxxxxxxxxxxxx]
> On Behalf Of Ed Hoopes
> Sent: Wednesday, 23 November 2005 5:43 AM
> To: equismetastock@xxxxxxxxxxxxxxx
> Subject: [EquisMetaStock Group] Re: Parabolic trend "line"
>
> The goal of many indicators is to determine the true trend of the
> security in the presence of noise.
>
> MS has pre-programmed 3 indicators that fit price to a straight line:
>
> Lin Reg Ind
> Lin Reg Slope
> Lin Reg Trendline
>
> My observation was that prices rarely move in a straight line, much
> more common is that the price action is curved - like a section of a
> parabola. (A straight line is a special case of a parabola with the
> x^2 term equal to zero)
>
> After programming the fit to a quadratic, I found that it more
> accurately determined the markets trend, with significantly less lag
> than a fit to a straight line.
>
> After normalizing prices to $100 and calculating the first derivative
> of the quadratic at the most recent bar, I found that I had a
> accurate, fast responding ranking system that worked well with ETF's.
> My portfolio of the top 4 ranked ETF's (out of a universe of 20 ) is
> up 22% YTD with a max drawdown of 6%.
>
> I trade the above system in 5 accounts for my family. I am a private
> investor - nothing for sale - no website.
>
> Ed Hoopes
>
>
> --- In equismetastock@xxxxxxxxxxxxxxx, "david" <dwei9361@xxxx> wrote:
> >
> > If anyone uses parabolic trend lines as part of a systematic
approach I
> > would be very interested, as I can not see the logic behind them
.... it
> > seems to me 'curve fitting' literally.
> >
> > Regards
> >
> > Dave
> >
> > -----Original Message-----
> > From: equismetastock@xxxxxxxxxxxxxxx
> [mailto:equismetastock@xxxxxxxxxxxxxxx]
> > On Behalf Of Jose Silva
> > Sent: Tuesday, 22 November 2005 5:17 PM
> > To: equismetastock@xxxxxxxxxxxxxxx
> > Subject: [EquisMetaStock Group] Re: Parabolic trend "line"
> >
> > Ron, Ed, plotting a parabolic fit is not impossible using MSFL - it
> > just requires a little imagination and a lot of free time.
> >
> > However, since abstract mathematical plots are generally
considered an
> > absolute waste of *valuable time* and effort, and since it has little
> > or nothing to do with actual trading, you won't find much of that
> > around here.
> >
> > For complex parabolical(!) plots, try dedicated maths software
such as
> > Statistica 7. http://www.statsoft.com/v7.htm
> >
> >
> > jose '-)
> > http://www.metastocktools.com
> >
> >
> >
> >
> >
> > --- In equismetastock@xxxxxxxxxxxxxxx, "Ed Hoopes"
<reefbreak_sd@xxxx>
> > wrote:
> > >
> > > It was just this problem that led me to change my TA software from
> > > MS to AmiBroker. Plotting a best fit parabola to a data set
> > > requires the solution of 3 equations in 3 unknowns - far beyond the
> > > capabilities of MS - FL.
> > >
> > > I was frustrated realizing that I would have to buy the MS MDK PLUS
> > > purchase a programming language - $$$$. I Googled for things like
> > > "Tech analysis software" etc. AmiBroker's Website came up and I
> > > realized that programming a parabolic fit would be possible. I
> > > created a Function in AFL that does the parabolic fit, and have
> > > incorporated it into several indicators.
> > >
> > > I recommend you pursue a parabolic fit indicator, it works really
> > > well.
> > >
> > > Ed Hoopes
> > >
> > > PS
> > > I still read this board since I am in a MS users group - even though
> > > I don't use MS any more.
> > >
> > >
> > > --- In equismetastock@xxxxxxxxxxxxxxx, "Ron Berlin" <rsb_44@xxxx>
> > > wrote:
> > >
> > > In Trend Trading Guppy mentions a parabolic trend line drawing tool.
> > > It's not in MS and the ellipse tool doesn't do the job.
> > >
> > > Is there a work around? I'd like to have that feature.
> > >
> > > TIA
> > > Ron
> >
> >
> >
> >
> >
> >
> >
> >
> >
> > Yahoo! Groups Links
> >
>
>
>
>
>
>
>
>
> Yahoo! Groups Links
>
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