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MC,
Its short for you are "THE" man. All good.
Preston
--- In equismetastock@xxxxxxxxxxxxxxx, "p_panther_73" <mchantzi@xxx>
wrote:
>
> Thank you both Ed & Preston, even though I don't know the meaning of
> 'Dah Man", hope nothing bad :))
>
> Regards,
>
> mc
>
> --- In equismetastock@xxxxxxxxxxxxxxx, "Edmund Woltynski" <edwol@>
> wrote:
> >
> > MC & Preston
> >
> > MC Thanks for your input and explanations � that did work
they way I
> want it
> > to. I seemed to have been in a myopic loop and could not see why
it
> was not
> > working even after your first clear explanation. Preston put it
well
> in his
> > email regarding your solution �You DAH MAN! Thanks!
�
> >
> > Preston thanks � I had not thought about the date call
issue, I will
> take
> > that on board.
> >
> > Well done both of you & thanks again � I hope I can return
the
> favour one
> > day.
> >
> > Ed
> >
> > -----Original Message-----
> > From: equismetastock@xxxxxxxxxxxxxxx
> > [mailto:equismetastock@xxxxxxxxxxxxxxx]On Behalf Of p_panther_73
> > Sent: Sunday, 21 September 2008 8:50 AM
> > To: equismetastock@xxxxxxxxxxxxxxx
> > Subject: [EquisMetaStock Group] Re: Short side Trailing Stop
> >
> > Ok, I've just uploaded a chart-file named bearish_stop.pdf
> >
> > http://f1.grp.yahoofs.com/v1/cIDVSKconYmzaWLHTG0-
> > <http://f1.grp.yahoofs.com/v1/cIDVSKconYmzaWLHTG0->
> >
EYG9OnIXRMMijXH55Y4wBW0D93kxUVyPpxIAlHrSSnRUBzAKkYnCirh4HxEspo6lQac1yg
> > ftuX5689A/bearish_stop.pdf
> >
> > Have a look :)
> >
> > --- In equismetastock@xxxxxxxxxxxxxxx
> > <mailto:equismetastock%40yahoogroups.com> , "p_panther_73"
<mchantzi@>
> > wrote:
> > >
> > > I've tried the code myself and it works.
> > > As I've said before, you are never going to have stop<=prev the
> > very
> > > first day since prev for the very fist date will not be
defined, so
> > > you'll have a zero! Thus, zero will remain all the way down! In
the
> > > case of the bullish stop, things are different (and that
explains
> > > you're not getting any error), you're not going to have this
> > problem
> > > since stop will ALWAYS be bigger than zero/not defined. If
someone
> > > can show me how to upload files, I will show the version I've
sent.
> > >
> > > Regards,
> > >
> > > mc
> > >
> > > P.S Oh and by the way, I don't like this 'guru'-ing calling.
> > >
> > > --- In equismetastock@xxxxxxxxxxxxxxx
> > <mailto:equismetastock%40yahoogroups.com> , "Edmund Woltynski"
<edwol@>
> > > wrote:
> > > >
> > > > MC
> > > >
> > > > Bearstop with your change still resolves to zero or false �
in
> > > essence the
> > > > binary Stop<PREV seems to be the issue , the Bullstop & Bear
stop
> > > only
> > > > differ in the orientation of the operators the seed
information
> > is
> > > similar,
> > > > why the difference in outcome?
> > > >
> > > > Ed
> > > >
> > > > -----Original Message-----
> > > > From: equismetastock@xxxxxxxxxxxxxxx
> > <mailto:equismetastock%40yahoogroups.com>
> > > > [mailto: equismetastock@xxxxxxxxxxxxxxx
> > <mailto:equismetastock%40yahoogroups.com> ]On Behalf Of
p_panther_73
> > > > Sent: Saturday, 20 September 2008 11:13 PM
> > > > To: equismetastock@xxxxxxxxxxxxxxx
> > <mailto:equismetastock%40yahoogroups.com>
> > > > Subject: [EquisMetaStock Group] Re: Short side Trailing Stop
> > > >
> > > > When we write down 'stop>=prev' we are always going to
receive a
> > > > 'true' since prev value of stop was not defined in the very
past.
> > > > One way to solve this, is to write down:
> > > >
> > > > BearStop :=
> > > > If(Stop<PREV AND Stop> InitStop, InitStop,If(stop<PREV AND
> > > > stop<initstop,stop,
> > > > If(Stop>=PREV,If(DayOfMonth()=day AND Month()=mnth AND
> > > > Year()=yr,initstop,PREV),Stop*Holdingdays)));
> > > >
> > > > This way and if we set our date at the top of an up-trend
we're
> > > going
> > > > to have a trailing until the trend reverses (although at this
> > point
> > > > our value will stay at its minimum).
> > > > Anyway, hope this helps,
> > > >
> > > > Regards,
> > > >
> > > > mc
> > > >
> > > > --- In equismetastock@xxxxxxxxxxxxxxx
> > <mailto:equismetastock%40yahoogroups.com>
> > > > <mailto:equismetastock%40yahoogroups.com> , "Edmund Woltynski"
> > > <edwol@>
> > > > wrote:
> > > > >
> > > > > Preston
> > > > >
> > > > > The negative is taken care of in the Bearish expression
> > �
> > > two
> > > > negative is a
> > > > > positive places it above the High.
> > > > >
> > > > > Bull stop indicator is simply the following and ratchets up
> > > correctly:
> > > > >
> > > > > InitStop:=Input("Initial Stop",0,100000,0.50);
> > > > >
> > > > > Index := 100-(100/(1+( PDI(21)/ MDI(21)+0.0001)));
> > > > > OB:= Index-70;
> > > > >
> > > > > Bullish:= CLOSE-(CLOSE*(OB/100));
> > > > > Stop:= If(Bullish>=CLOSE,LOW -(Bullish-CLOSE),LOW);
> > > > >
> > > > > BullStop :=
> > > > > If(Stop>PREV AND Stop>InitStop,Stop,
> > > > > If(Stop>PREV AND Stop<InitStop,InitStop,
> > > > > If(Stop<=PREV,PREV,Stop*Holdingdays)));
> > > > >
> > > > > BullStop;
> > > > >
> > > > >
> > > > > Ed
> > > > >
> > > > > -----Original Message-----
> > > > > From: equismetastock@xxxxxxxxxxxxxxx
> > <mailto:equismetastock%40yahoogroups.com>
> > > > <mailto:equismetastock%40yahoogroups.com>
> > > > > [mailto: equismetastock@xxxxxxxxxxxxxxx
> > <mailto:equismetastock%40yahoogroups.com>
> > > > <mailto:equismetastock%40yahoogroups.com> ]On Behalf Of
pumrysh
> > > > > Sent: Saturday, 20 September 2008 9:37 AM
> > > > > To: equismetastock@xxxxxxxxxxxxxxx
> > <mailto:equismetastock%40yahoogroups.com>
> > > > <mailto:equismetastock%40yahoogroups.com>
> > > > > Subject: [EquisMetaStock Group] Re: Short side Trailing Stop
> > > > >
> > > > > Ed,
> > > > >
> > > > > I actually like your thought process and would love to see
the
> > > > > bullish version. It might also help me to see the error.
> > > > >
> > > > > About the OS. If you take a value of 30 and subtract the
index
> > > from
> > > > > it you will end up with a number that is less that zero
most of
> > > the
> > > > > time. This my be part of the problem.
> > > > >
> > > > > We'll get it figured out.
> > > > >
> > > > > Preston
> > > > >
> > > > > --- In equismetastock@xxxxxxxxxxxxxxx
> > <mailto:equismetastock%40yahoogroups.com>
> > > > <mailto:equismetastock%40yahoogroups.com>
> > > > > <mailto:equismetastock%40yahoogroups.com> , "Edmund
Woltynski"
> > > <edwol@>
> > > > > wrote:
> > > > > >
> > > > > > Preston
> > > > > >
> > > > > > This is just an indicator not a system to be displayed on
a
> > > chart.
> > > > > So
> > > > > > trading rules are a separate issue and relate to how you
wish
> > to
> > > > > use any
> > > > > > trailing stop.
> > > > > > The indicator applied to bar that say at the start of a
down
> > > trend
> > > > > > historically (eg input date) should show get eventually
> > closer
> > > to
> > > > > the top of
> > > > > > the bar depending on the value of the expression above ie
> > stop.
> > > > > >
> > > > > > Everything works correctly except for the BearStop
> > expression.
> > > For
> > > > > example
> > > > > > Plotting a binary say "Stop<PREV AND Stop< InitStop,Stop"
in
> > a
> > > down
> > > > > trend
> > > > > > always gives a value of zero and yet "Stop" is non-zero
and
> > also
> > > > > > diminishing. For some reason these Boolean expressions
seem
> > to
> > > not
> > > > > evaluate
> > > > > > remaining zero at all times regardless of Stop & InitStop
> > > values.
> > > > > >
> > > > > > The converse indicator i.e. reverse the operators (eg
> > Stop<PREV
> > > AND
> > > > > Stop<
> > > > > > InitStop,Stop to Stop>PREV AND Stop> InitStop,Stop etc and
> > > replace
> > > > > HIGH with
> > > > > > LOW throughout the indicator and change OS) works
correctly
> > on
> > > the
> > > > > long
> > > > > > side, the trailing stop moves in steps upwards until it
hugs
> > the
> > > > > LOWs.
> > > > > >
> > > > > > It seems to me that there is something peculiar in the way
> > PREV
> > > > > works.
> > > > > >
> > > > > > Ed
> > > > > >
> > > > > > -----Original Message-----
> > > > > > From: equismetastock@xxxxxxxxxxxxxxx
> > <mailto:equismetastock%40yahoogroups.com>
> > > > <mailto:equismetastock%40yahoogroups.com>
> > > > > <mailto:equismetastock%40yahoogroups.com>
> > > > > > [mailto: equismetastock@xxxxxxxxxxxxxxx
> > <mailto:equismetastock%40yahoogroups.com>
> > > > <mailto:equismetastock%40yahoogroups.com>
> > > > > <mailto:equismetastock%40yahoogroups.com> ]On Behalf Of
pumrysh
> > > > > > Sent: Friday, 19 September 2008 4:28 AM
> > > > > > To: equismetastock@xxxxxxxxxxxxxxx
> > <mailto:equismetastock%40yahoogroups.com>
> > > > <mailto:equismetastock%40yahoogroups.com>
> > > > > <mailto:equismetastock%40yahoogroups.com>
> > > > > > Subject: [EquisMetaStock Group] Re: Short side Trailing
Stop
> > > > > >
> > > > > > Ed,
> > > > > >
> > > > > > I see several problems. It may take a bit before I can
get it
> > > > > > resolved.
> > > > > >
> > > > > > In the meantime can you give me the trading rules you
wish to
> > > > > follow?
> > > > > >
> > > > > > Preston
> > > > > >
> > > > > > --- In equismetastock@xxxxxxxxxxxxxxx
> > <mailto:equismetastock%40yahoogroups.com>
> > > > <mailto:equismetastock%40yahoogroups.com>
> > > > > <mailto:equismetastock%40yahoogroups.com>
> > > > > > <mailto:equismetastock%40yahoogroups.com> , "Edmund
Woltynski"
> > > > > <edwol@>
> > > > > > wrote:
> > > > > > >
> > > > > > > Hello Preston and other gurus
> > > > > > >
> > > > > > > I am having some issues with the PREV function (I
think) in
> > > > > > developing a
> > > > > > > trailing stop ratchet (short side). The "BearStop"
function
> > > gives
> > > > > > me a zero
> > > > > > > for all cases everything else above checkout as I
expect it
> > > to. I
> > > > > > cannot see
> > > > > > > the flaw in my logic. Any help would be appreciated.
> > > > > > >
> > > > > > > Code:
> > > > > > > Day:=Input("Day Entered Trade",1,31,19);
> > > > > > > Mnth:=Input("Month Entered Trade",1,12,4);
> > > > > > > Yr:=Input("Year Entered Trade",1985,2100,2004);
> > > > > > > HoldingDays:=BarsSince(Day=DayOfMonth() AND Mnth=Month
() AND
> > > > > Yr=Year
> > > > > > ());
> > > > > > >
> > > > > > > InitStop:=Input("Initial Stop",0,100000,1.52);
> > > > > > >
> > > > > > > Index := 100-(100/(1+( PDI(21)/ MDI(21)+0.0001)));
> > > > > > > OS:=30-Index;
> > > > > > >
> > > > > > > Bearish:= CLOSE-(CLOSE*(OS/100));
> > > > > > > Stop:= If(Bearish>=CLOSE,HIGH +(Bearish-CLOSE),HIGH);
> > > > > > >
> > > > > > > BearStop :=
> > > > > > > If(Stop<PREV AND Stop< InitStop,Stop,
> > > > > > > If(Stop<PREV AND Stop> InitStop, InitStop,
> > > > > > > If(Stop>=PREV,PREV,Stop*Holdingdays)));
> > > > > > >
> > > > > > > {Plot} Bearstop;
> > > > > > >
> > > > > > > Kind Regards,
> > > > > > > Ed
> > > > > > > .
> > > > > > >
> > > > > >
> > > > >
> > > >
> > >
> >
>
------------------------------------
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