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Preston
Thanks. At the risk of sounding ungrateful for your advice (which I'm
certainly not) may I ask my original question again? I want to test the
following trading plan.
(1) The 30 week EMA breaks out from a downtrend or sideways trend and
commences to trend upwards.
(2) Once it has trended upwards for two weeks in a row, buy.
(3) Provide a buy signal once and once only.
My current coding, amended after reading Roy's comments, for the entry is:
C > Mov(C,30,E) AND
(Mov(C,30,E) > Ref(Mov(C,30,E),-1) AND
Ref(Mov(C,30,E),-1) > Ref(Mov(C,30,E),-2) AND
Ref(Mov(C,30,E),-2) < Ref(Mov(C,30,E),-3));
My questions are:
(1) Will that code produce the result I want?
(2) Is there a more elegant way of producing the exact same result?
As an aside, I have been playing with the effect of adjusting the decision
based on the slope of the uptrend indicated in the first two weeks and there
seems to be some potential there.
Regards
John
_____
From: equismetastock@xxxxxxxxxxxxxxx [mailto:equismetastock@xxxxxxxxxxxxxxx]
On Behalf Of pumrysh
Sent: Wednesday, 8 November 2006 2:56 PM
To: equismetastock@xxxxxxxxxxxxxxx
Subject: [EquisMetaStock Group] Re: Coding request
John,
Suggest that you follow Roy's advice and plot the 30MA on a chart.
Then apply the indicator in another window. The signals from my code
and your code will not agree. Question is which one do you want? At
least I believe you're headed in the right direction now though.
good luck,
Preston
--- In equismetastock@ <mailto:equismetastock%40yahoogroups.com>
yahoogroups.com, "John Nicholson"
<johnnic@xxx> wrote:
>
> Preston
>
>
>
> Thanks for your response. A couple of responses to your
> suggestions/questions.
>
>
>
> (1) Yes, I did want the last line to be Ref(Mov(C,30,E),-2) <
> Ref(Mov(C,30,E),-3)). I want to enter a trade when the 30 week
EMA turns
> upward out of a downward trend. The way (I think) I have written
the code,
> I will get a buy signal when the stock's EMA moves upwards two
weeks in a
> row having previously been trending down.
>
> (2) I see your point about the problems with ANDs and Ors.
That is why
> I enclosed the first line - (Cross(C,Mov(C,30,E)) OR C > Mov
(C,30,E)) -
> with brackets. I wanted to ensure that either of these conditions
would
> operate with the other conditions. Will that work?
>
>
>
> I will try your code in Explorer and then run it through TradeSim
to see if
> I get the same results.
>
>
>
> Thanks muchly
>
>
>
> John
>
>
>
>
>
>
>
> _____
>
> From: equismetastock@ <mailto:equismetastock%40yahoogroups.com>
yahoogroups.com
[mailto:equismetastock@ <mailto:equismetastock%40yahoogroups.com>
yahoogroups.com]
> On Behalf Of pumrysh
> Sent: Wednesday, 8 November 2006 12:18 PM
> To: equismetastock@ <mailto:equismetastock%40yahoogroups.com>
yahoogroups.com
> Subject: [EquisMetaStock Group] Re: Coding request
>
>
>
> John,
>
> Did you want the last line to be
> Ref(Mov(C,30,E),-2) < Ref(Mov(C,30,E),-3));
> or
> Ref(Mov(C,30,E),-2) > Ref(Mov(C,30,E),-3));
> which matches the rest of your code?
>
> One of the problems I see is the use of and/or arguments. placing
> them together will result in problems since metastock doesn't know
> what should be "or" versus what should be "and". Easier to
seperate
> them as I have done below.
>
> A:=Mov(C,30,E);
> B:=Sum(A>Ref(A,-1),4)=1;
> D:=(C>A) OR Cross(C,A);
> B AND D
>
> Also note that I have summed the reference of todays MA to
> yesterdays and done it over the last 4 days. Controversial but it
> will work. I am sure others will weigh in on this as it could
still
> be done differently.
>
> Preston
>
> --- In equismetastock@ <mailto:equismetastock%40yahoogroups.com>
> yahoogroups.com, "johnnic1948" <johnnic@>
> wrote:
> >
> > Does anyone have any helpful suggestions?
> >
> > --- In equismetastock@ <mailto:equismetastock%40yahoogroups.com>
> yahoogroups.com, "johnnic1948" <johnnic@>
> > wrote:
> > >
> > > Would someone please be kind enough to confirm that the
> following
> > > simple code does what I want it to do?
> > >
> > > If the closing price crosses above the 30 week EMA or is
already
> > > above the EMA, and the EMA has turned upwards, then.....
> > >
> > > The code I have written is:
> > >
> > > (Cross(C,Mov(C,30,E)) OR C > Mov(C,30,E))
> > >
> > > AND
> > > (Mov(C,30,E) > Ref(Mov(C,30,E),-1)
> > >
> > > AND
> > > Ref(Mov(C,30,E),-1) > Ref(Mov(C,30,E),-2)
> > >
> > > AND
> > > Ref(Mov(C,30,E),-2) < Ref(Mov(C,30,E),-3));
> > >
> > > Even if it is correct, is there a more elegant way of
achieving
> > the
> > > same end?
> > >
> > > Thanks
> > >
> > > John
> > >
> >
>
>
>
>
>
> [Non-text portions of this message have been removed]
>
[Non-text portions of this message have been removed]
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