[EquisMetaStock Group] Re: Coding request

[pumrysh <no_reply@xxxxxxxxxxxxxxx>]

John,

It will plot on a chart okay but if your data is daily the 
exploration will be daily unless you tell it otherwise. 

Preston


--- In equismetastock@xxxxxxxxxxxxxxx, "John Nicholson" 
<johnnic@xxx> wrote:
>
> Preston
> 
>  
> 
> Thanks.  Why do you say that I am using a daily indicator?  The 
code is the
> same isn't it?  I actually want a 30 week EMA.   My chart is 
opened to
> weekly charts.
> 
>  
> 
> I also use a TradeSim function to ensure that the testing is based 
on the
> first bar after the signal's close.  This is simpler than using 
the Ref
> function in Metastock.
> 
>  
> 
>  
> 
> John
> 
>  
> 
>   _____  
> 
> From: equismetastock@xxxxxxxxxxxxxxx 
[mailto:equismetastock@xxxxxxxxxxxxxxx]
> On Behalf Of pumrysh
> Sent: Wednesday, 8 November 2006 9:35 PM
> To: equismetastock@xxxxxxxxxxxxxxx
> Subject: [EquisMetaStock Group] Re: Coding request
> 
>  
> 
> John,
> 
> You're not sounding ungrateful at all...inquisitive yes. That's 
okay 
> though since part of learning is asking questions.
> 
> Make sure the signals are what you are looking for by plotting it 
on 
> a chart first before you go to the trouble of testing. I think the 
> signals using your code will fall a day late.
> 
> Just noticed that you are asking for weekly EMA breakouts and 
using 
> a daily indicator. You'll need to resolve that first.
> 
> The basis for a lot of TA follows around looking at todays close 
> versus the close of some time ago. In essence a MACD does this. It 
> is a 12EMA minus a 26EMA. The ROC is the difference between todays 
> close and yesterdays close. Elegance is in the eye of the beholder.
> 
> Preston
> 
> --- In equismetastock@ <mailto:equismetastock%40yahoogroups.com>
> yahoogroups.com, "John Nicholson" 
> <johnnic@> wrote:
> >
> > 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





 
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