|
PureBytes Links
Trading Reference Links
|
Hi Richard,
The lag of indicators (all of them) are normal just because of their calculation methods. In other words they are processed material. Use price and volume etc after the fact. Thus they MUST lag. In my idea they do not have forecasting value, they are just helping stuff.
Eke
?That which hath been is what will be,
that which is done is what will be done,
and there is nothing new, under the sun.?
----- Original Message ----
From: Richard Briggs <richardwbriggsjr@xxxxxxxxx>
To: equismetastock@xxxxxxxxxxxxxxx
Sent: Wednesday, October 31, 2007 9:46:44 PM
Subject: Re: [EquisMetaStock Group] Parabolic SAR...Two Color
Er..., thanks Preston. Rick.
On 10/31/07, pumrysh <no_reply@xxxxxxxxxx s.com> wrote:
>
> Rick,
>
> Its not about speed.
>
> Its all about what you can demonstrate on a chart by using it.
>
> Preston
>
> --- In equismetastock@ yahoogroups. com <equismetastock% 40yahoogroups. com>,
> "Richard Briggs"
>
> <richardwbriggsjr@ ...> wrote:
> >
> > Preston,
> >
> >I'm curious why you consider this a great indicator. I find
> > the signals to be too slow.
> >
> >Rick.
> >
> >
> >
> > On 10/31/07, pumrysh <no_reply@xxxxxxxxxx s.com<no_reply%40yahoogr oups.com> >
> wrote:
> > >
> > > All,
> > >
> > > I hope everyone realizes how significant this indicator is!
> > >
> > > Prior to this we would typically play hide the value.
> > > RedGreen Histogram is a good example:
> > >
> > > {RedGreen Histogram}
> > > X:= {your indicator here};
> > > Green:=If(X> Ref(X,-1) ,X,0);
> > > Red:=If(X<Ref( X,-1),X,0) ;
> > > Green; Red;
> > >
> > > The indicator works because 0 is a value used in the display. In
> the
> > > case of the Two-Color SAR though you will notice that we have no
> > > negative indicator values.
> > >
> > > Roy recently shared the process with those members of his
> newsletter
> > > in the form of another indicator. The indicator that he used was
> the
> > > Heikin-Ashi. The HA requires that you display values for the
> close
> > > and open that are different than the data for the day/period.
> Roy's
> > > indicator allows you to do this without a DLL or transposing the
> > > values in Excel. This is just the type of insightful information
> > > that you can expect to receive with the every issue of the
> > > publication. If you are not a subscriber then I would strongly
> > > consider it.
> > >
> > > As far as the indicator, this is just the tip of the iceburg
> when it
> > > comes to its use. Roy and I have found uses for it that others
> > > thought impossible. In Roy's case I consider it genius. Mine was
> > > just luck. Either way ValueWhen is one of those gems that can be
> > > used to create some really interesting charts.
> > >
> > > If you run across some other ideas for its use or just have some
> > > proposals that you would like to consider, please share them.
> > >
> > > Preston
> > >
> > > --- In equismetastock@ yahoogroups. com<equismetastock% 40yahoogroups. com><equismetast ock%
> 40yahoogroups. com>,
> > > "Roy Larsen" <rlarsen@>
> > > wrote:
> > > >
> > > > Daniel
> > > >
> > > >
> > > >
> > > > There is a way to plot SAR() with different colors for up and
> > > down. This method is really only workable with a dotted line
> style -
> > > and not with a solid line style. A dotted line only plots on each
> > > bar and does not connect between bars. That allows the transition
> > > from "zero to active" or "active to zero" to remain hidden. A
> solid
> > > line cannot hide that transition.
> > > >
> > > >
> > > >
> > > > The following formula generates two SAR outputs. The first
> output
> > > plots the SAR when it is less than CLOSE, otherwise it plots
> zero.
> > > The second output plots the SAR when it is greater than CLOSE,
> > > otherwise it plots zero. Each plot can be given the color and
> style
> > > of your choice. Remember that a dotted line works best because of
> > > the "transition" problem with a solid line.
> > > >
> > > >
> > > >
> > > > If no other outputs were included in the formula then scaling
> the
> > > indicator to price would allow the zero segments of each plot to
> > > severely distort or compress the price bars. This problem is
> > > overcome by adding an N/A output as the LAST output from the
> > > indicator. I've used ValueWhen(1, 0=1,0) to create this output.
> This
> > > output can never be valid because 0 (zero) is never equal to 1
> > > (one), and I'm using "0=1" is the (non-existent) trigger
> expression.
> > > The indicator still remains "scaled" to the price chart but the
> > > unwanted zero dots are allowed to "float" and disappear from the
> > > viewing window. Once the indicator has been floated price bars
> can
> > > again use the full height of the inner window.
> > > >
> > > >
> > > >
> > > > In the event that the zero dots reappear at the bottom of the
> > > window on some charts, and this can happen, an extra valid zero
> line
> > > can be created. Giving this zero line a heavy dotted style and
> the
> > > same color as the chart background will effectively blank out any
> > > zero SAR plots that might come into view.
> > > >
> > > >
> > > >
> > > > Obviously this indicator cannot plot as required when first
> > > dropped onto a chart - it requires each plot be given the correct
> > > style and color. If you wanted to use this on every chart then
> you
> > > should set up the indicator and then save it as part of your
> default
> > > template. That way the two-color SAR will plot correctly as soon
> as
> > > you open each chart.
> > > >
> > > >
> > > >
> > > > {Two-Color SAR}
> > > >
> > > > A:=Input("Step value", 0.001,1,0.02) ;
> > > >
> > > > B:=Input("Maximum value",0.01, 1,0.2);
> > > >
> > > > R:=SAR(A,B);
> > > >
> > > > If(R<C,R,0);
> > > >
> > > > If(R>C,R,0);
> > > >
> > > > {0;}
> > > >
> > > > ValueWhen(1, 0=1,0);
> > > >
> > > >
> > > >
> > > > Hope this helps. Please let me know if you have any problems
> > > making this work.
> > > >
> > > >
> > > >
> > > >
> > > >
> > > > Regards
> > > >
> > > >
> > > >
> > > > Roy
> > > >
> > > > www.metastocktips. co.nz
> > > >
> > > >
> > > >
> > > >
> > > >
> > > > ----- Original Message -----
> > > > From: danielteokh
> > > > To: equismetastock@ yahoogroups. com<equismetastock% 40yahoogroups. com><equismetast ock%
> 40yahoogroups. com>
> > > > Sent: Tuesday, October 30, 2007 1:10 PM
> > > > Subject: [EquisMetaStock Group] Parabolic SAR
> > > >
> > > >
> > > > Hi,
> > > >
> > > > How can i plot PARABOLIC SAR and make it more colorful, showing
> > > > different color for up and down ?
> > > >
> > > > Thanks.
> > >
> > >
> > >
> >
> >
> > [Non-text portions of this message have been removed]
> >
>
>
>
[Non-text portions of this message have been removed]
__________________________________________________
Do You Yahoo!?
Tired of spam? Yahoo! Mail has the best spam protection around
http://mail.yahoo.com
[Non-text portions of this message have been removed]
Yahoo! Groups Links
<*> To visit your group on the web, go to:
http://groups.yahoo.com/group/equismetastock/
<*> Your email settings:
Individual Email | Traditional
<*> To change settings online go to:
http://groups.yahoo.com/group/equismetastock/join
(Yahoo! ID required)
<*> To change settings via email:
mailto:equismetastock-digest@xxxxxxxxxxxxxxx
mailto:equismetastock-fullfeatured@xxxxxxxxxxxxxxx
<*> 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/
|