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Re: [EquisMetaStock Group] Re: new indicator needed...help



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Preston,

YEs i have looked at many charts carefully. This is exactly what i want. I
know that buy signals are late but they are good and yes i can understand
that sometimes sell signal are quite low. Its all ok..after all thats what
turtle trading is all about. If u look carefully and we trade in particular
stock for two years it generally covers up all your losses in one big
explosive move. After we are thru with the expert advisor i will modify the
stop losses with putting some moving averages and mixing this with opther
indicators. I wil have to try many things after this expert advisors and i
am sure i will come up with something that will have 80% success ratio.

Regards,

Sunil



On 5/31/07, pumrysh <no_reply@xxxxxxxxxxxxxxx> wrote:
>
>   Sunil,
>
> Let's go a step at a time.
>
> Looking at the buy and sell signals are you really sure that is what
> you want?
>
> What I'm seeing is a buy signal that is not bad but usually late.
>
> The sell signals are allowing too much of a loss before they are
> triggered.
>
> Place the expert on several different charts and zoom in a bit on
> the price plot. You want to see maybe a years worth of prices. Now
> slowly look at the chart from beginning to end.
>
> For now do not worry about the numerous signals that are showing we
> will take care of that later.
>
> Let me know what you think.
>
> Preston
>
> --- In equismetastock@xxxxxxxxxxxxxxx <equismetastock%40yahoogroups.com>,
> "SUNIL gupta"
> <sunilgupta72@xxx> wrote:
> >
> > preston,
> >
> > I tried something else too.. i put new symbol with follwing formula
> >
> > L <= Ref(LLV(L,25),-1)
> >
> > now we have many buy and sell signals in omne chart. what we want
> to do now
> > is remove all buy signals after the first buy. The next buy signal
> should
> > come only after the sell signal. and it would be of great help if
> we could
> > draw a automatic line of sell signal as and when the day progress.
> >
> > sunil
> >
> >
> >
> > On 5/30/07, pumrysh <no_reply@xxxxxxxxxxxxxxx<no_reply%40yahoogroups.com>>
> wrote:
> > >
> > > Sunil,
> > >
> > > Let's try the expert. We'll focus on the buy first and build from
> > > there.
> > > Go into a new expert. Label it Sunil System. Next Symbols and
> open
> > > it. Now New. Name it Buy. In Condition enter
> > >
> > > H >= Ref(HHV(H,50),-1)
> > >
> > > This says that the high is greater than or equal to yesterday's
> > > highest high value of the high over the last 50 days.
> > >
> > > In Graphic select a buy arrow. You can place the graphic either
> > > below or above the price. Close the expert and attach it to a
> chart.
> > >
> > > Now see if the signals are what you are looking for.
> > >
> > > Let me know and we will proceed with a trailing stop.
> > >
> > > Preston
> > >
> > > --- In equismetastock@xxxxxxxxxxxxxxx<equismetastock%40yahoogroups.com><equismetastock%
> 40yahoogroups.com>,
> > > "SUNIL gupta"
> > > <sunilgupta72@> wrote:
> > > >
> > > > Dear Preston,
> > > >
> > > > Well I need a expert advisor which gives Buy signal when a
> stock
> > > touches 50
> > > > days high...and there should be trailing stop loss line which
> is
> > > based on 25
> > > > days lowest. So the sell signal will be genrated when the stock
> > > touches 25
> > > > days low on trailing basis..and next buy signal will be
> genrated
> > > when stock
> > > > touches 50 days highest again.
> > > >
> > > > Example...
> > > >
> > > > Supposing on day 75 stock touches its 50 day high..the trailing
> > > stop loss
> > > > will be low of Day 50 to day 75..and on day 80 the stop loss
> will
> > > be low of
> > > > day 55 to day 80.
> > > >
> > > > I hope it is clear preston.
> > > >
> > > > Sunil
> > > >
> > >
> > >
> > >
> >
> >
> >
> > --
> > Sunil Gupta
> >
> >
> > [Non-text portions of this message have been removed]
> >
>
> 
>



-- 
Sunil Gupta


[Non-text portions of this message have been removed]



 
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