|
PureBytes Links
Trading Reference Links
|
Apologies again for no chart. Here it should be.
>From: "Ron Berlin" <rsb_44@xxxxxxxxxxx>
>Reply-To: equismetastock@xxxxxxxxxxxxxxx
>To: equismetastock@xxxxxxxxxxxxxxx
>Subject: RE: [EquisMetaStock Group] Force Index & Bull/Bear Power
>Date: Fri, 03 Feb 2006 08:50:23 -0500
>
>Sorry for the blank message. I've attached a chart. He doesn't plot H-L.
>
>
> >From: "Lionel Issen" <lissen@xxxxxxxxxxxxx>
> >Reply-To: equismetastock@xxxxxxxxxxxxxxx
> >To: <equismetastock@xxxxxxxxxxxxxxx>
> >Subject: RE: [EquisMetaStock Group] Force Index & Bull/Bear Power
> >Date: Thu, 2 Feb 2006 23:21:02 -0600
> >
> >Ron:
> >
> >Unless you are dealing with non-commutative calculations, where the order
> >of
> >the calculations can be important as in vector analysis, the algebraic
> >manipulations are correct and will give the same answer as BullPower -
> >BearPower. The BullPower curve is not the BearPower curve, but the
> >difference is High - Low.
> >
> >
> >
> >Lionel
> >
> >
> >
> > _____
> >
> >From: equismetastock@xxxxxxxxxxxxxxx
> >[mailto:equismetastock@xxxxxxxxxxxxxxx]
> >On Behalf Of Ron Berlin
> >Sent: Thursday, February 02, 2006 4:49 PM
> >To: equismetastock@xxxxxxxxxxxxxxx
> >Subject: RE: [EquisMetaStock Group] Force Index & Bull/Bear Power
> >
> >
> >
> >I understood that Elder's Bull Bear Power measured the distance from some
> >base line (the EMA) to the high or the low. That is not the same as
> >measuring the distance form the high to the low. He has the two
>indicators
> >plotted in separate windows.
> >
> >
> > >From: "Lionel Issen" <lissen@xxxxxxxxxxxxx>
> > >Reply-To: equismetastock@xxxxxxxxxxxxxxx
> > >To: <equismetastock@xxxxxxxxxxxxxxx>
> > >Subject: RE: [EquisMetaStock Group] Force Index & Bull/Bear Power
> > >Date: Thu, 2 Feb 2006 12:46:19 -0600
> > >
> > >Your algebra is correct. I should have notice it. It also explains why
>I
> > >never used it as an indicator of bull or bear power. Your other
>comments
> > >are
> > >also correct.
> > >
> > >
> > >
> > >This reminds me of a meeting decades ago. Two new Ph.D.s were proudly
> > >presenting the results of their research in rheology. There were
>several
> > >pages of calculations, pictures of their equipment, and charts of their
> > >data. When they were finished an old professor got up and put down two
> > >lines
> > >of equations that produced the same results as the speakers results,
>and
> >he
> > >snorted that the research didn't' have to be done as these equations
>had
> > >been around for several decades. I had met the professor and indeed he
> >was
> > >a
> > >crusty sob. He was tough but fair. He treated everyone the same, very
> >mean.
> > >
> > >
> > >
> > >Regards
> > >
> > >
> > >
> > >Lionel
> > >
> > > _____
> > >
> > >From: equismetastock@xxxxxxxxxxxxxxx
> > >[mailto:equismetastock@xxxxxxxxxxxxxxx]
> > >On Behalf Of bellamy_29m
> > >Sent: Thursday, February 02, 2006 7:38 AM
> > >To: equismetastock@xxxxxxxxxxxxxxx
> > >Subject: Re: [EquisMetaStock Group] Force Index & Bull/Bear Power
> > >
> > >
> > >
> > >--- In equismetastock@xxxxxxxxxxxxxxx, "Lionel Issen" <lissen@xxx>
>wrote:
> > > >
> > > > Just set these up as indicators and plot them. Look in the manual or
> > >online help.
> > > > If you plot (bull power - bear power) your chart will show which is
> > >dominant.
> > >
> > >Where:
> > > > Bull power = High - EMA
> > > > Bear power = Low - EMA
> > >
> > >THEN:
> > >(bull power - bear power)
> > >=(High - EMA) - (Low - EMA)
> > >= High - EMA - Low + EMA
> > >= High - Low
> > >
> > >Much simpler...
> > >
> > >So how does it show who is dominant?
> > >
> > >The High will ALWAYS be greater then the Low (unless you have corrupt
> > >data!) so this indicator will simply show the data-period range. You
> > >might consider dividing this Range by the Low to get a percentage
> > >value which might be of more benefit for trading. To find the Bull or
> > >Bear Power I would probably use the Open and Close prices in lieu of
> > >the High and Low??
> > >
> > >Anyhow, this shows why one should NEVER take any formula on face value
> > >without firstly proving the formula from first principals, or at least
> > >simplifying the formula to expose weaknesses such as this.
> > >
> > >... and the benefits of the MS Users Manual and the Equis Formula
>Primer.
> > >
> > >
> > >wabbit :D
> > >
> > >
> > >
> > >
> > >
> > >
> > >
> > >
> > >
> > >
> > > _____
> > >
> > >YAHOO! GROUPS LINKS
> > >
> > >
> > >
> > >* Visit your group "equismetastock
> > ><http://groups.yahoo.com/group/equismetastock> " on the web.
> > >
> > >* To unsubscribe from this group, send an email to:
> > > equismetastock-unsubscribe@xxxxxxxxxxxxxxx
> > ><mailto:equismetastock-unsubscribe@xxxxxxxxxxxxxxx?subject=Unsubscribe>
> > >
> > >* Your use of Yahoo! Groups is subject to the Yahoo!
> > ><http://docs.yahoo.com/info/terms/> Terms of Service.
> > >
> > >
> > >
> > > _____
> > >
> > >
> > >
> > >[Non-text portions of this message have been removed]
> > >
> >
> >
> >
> >
> >
> >SPONSORED LINKS
> >
> >
> >Business
> ><http://groups.yahoo.com/gads?t=ms&k=Business+finance+course&w1=Business+fin
> >ance+course&w2=Business+to+business+finance&w3=Small+business+finance&w4=Bus
> >iness+finance+consultant&w5=Business+finance+magazine&w6=Business+finance+sc
> >hools&c=6&s=185&.sig=I8jDsORmsaYn0BeqghcJ2w> finance course
> >
> >Business
> ><http://groups.yahoo.com/gads?t=ms&k=Business+to+business+finance&w1=Busines
> >s+finance+course&w2=Business+to+business+finance&w3=Small+business+finance&w
> >4=Business+finance+consultant&w5=Business+finance+magazine&w6=Business+finan
> >ce+schools&c=6&s=185&.sig=fCzze7cxm1K7TVKkzAaOrA> to business finance
> >
> >Small
> ><http://groups.yahoo.com/gads?t=ms&k=Small+business+finance&w1=Business+fina
> >nce+course&w2=Business+to+business+finance&w3=Small+business+finance&w4=Busi
> >ness+finance+consultant&w5=Business+finance+magazine&w6=Business+finance+sch
> >ools&c=6&s=185&.sig=v9sWAno7Kz4WuL8Tadcdhw> business finance
> >
> >
> >Business
> ><http://groups.yahoo.com/gads?t=ms&k=Business+finance+consultant&w1=Business
> >+finance+course&w2=Business+to+business+finance&w3=Small+business+finance&w4
> >=Business+finance+consultant&w5=Business+finance+magazine&w6=Business+financ
> >e+schools&c=6&s=185&.sig=d1xwT3WL0E6XBf6cAV5BXA> finance consultant
> >
> >Business
> ><http://groups.yahoo.com/gads?t=ms&k=Business+finance+magazine&w1=Business+f
> >inance+course&w2=Business+to+business+finance&w3=Small+business+finance&w4=B
> >usiness+finance+consultant&w5=Business+finance+magazine&w6=Business+finance+
> >schools&c=6&s=185&.sig=qphRINaNuVm_6bwoQxgUmg> finance magazine
> >
> >Business
> ><http://groups.yahoo.com/gads?t=ms&k=Business+finance+schools&w1=Business+fi
> >nance+course&w2=Business+to+business+finance&w3=Small+business+finance&w4=Bu
> >siness+finance+consultant&w5=Business+finance+magazine&w6=Business+finance+s
> >chools&c=6&s=185&.sig=1RfnhYZpV99RKWRZzSH4gA> finance schools
> >
> >
> >
> > _____
> >
> >YAHOO! GROUPS LINKS
> >
> >
> >
> >* Visit your group "equismetastock
> ><http://groups.yahoo.com/group/equismetastock> " on the web.
> >
> >* To unsubscribe from this group, send an email to:
> > equismetastock-unsubscribe@xxxxxxxxxxxxxxx
> ><mailto:equismetastock-unsubscribe@xxxxxxxxxxxxxxx?subject=Unsubscribe>
> >
> >* Your use of Yahoo! Groups is subject to the Yahoo!
> ><http://docs.yahoo.com/info/terms/> Terms of Service.
> >
> >
> >
> > _____
> >
> >
> >
> >[Non-text portions of this message have been removed]
> >
>
>
>
>[Non-text portions of this message have been removed]
>
[Non-text portions of this message have been removed]
------------------------ Yahoo! Groups Sponsor --------------------~-->
Try Online Currency Trading with GFT. Free 50K Demo. Trade
24 Hours. Commission-Free.
http://us.click.yahoo.com/RvFikB/9M2KAA/U1CZAA/BefplB/TM
--------------------------------------------------------------------~->
Yahoo! Groups Links
<*> To visit your group on the web, go to:
http://groups.yahoo.com/group/equismetastock/
<*> To unsubscribe from this group, send an email to:
equismetastock-unsubscribe@xxxxxxxxxxxxxxx
<*> Your use of Yahoo! Groups is subject to:
http://docs.yahoo.com/info/terms/
|