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[EquisMetaStock Group] Re: Short side Trailing Stop



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Lionel,

I had problems finding it myself the first time. For whatever reason 
Yahoo places folders above files in that section. Important think is 
that you got it.

As far as the help, You're welcome!

Preston



--- In equismetastock@xxxxxxxxxxxxxxx, "Lionel Issen" <lissen@xxx> 
wrote:
>
> Preston:
> 
>  
> 
> Yes you did send me the pdf file.
> 
>  
> 
> What I wanted to do  was to be able to find it myself.
> 
>  
> 
> The problem as that I was using the address in panther's posting. 
After some
> trials I went directly to this group's site and when I selected the 
file
> bearish_stop.pdf up came the posted address with the file.
> 
>  
> 
> Thanks again for your help and patience.
> 
>  
> 
> Regards
> 
>  
> 
> Lionel
> 
>  
> 
> From: equismetastock@xxxxxxxxxxxxxxx 
[mailto:equismetastock@xxxxxxxxxxxxxxx]
> On Behalf Of pumrysh
> Sent: Monday, September 22, 2008 9:33 AM
> To: equismetastock@xxxxxxxxxxxxxxx
> Subject: [EquisMetaStock Group] Re: Short side Trailing Stop
> 
>  
> 
> Lionel,
> 
> Its in the group's file section. You have to sign onto the group 
> first. Then go to files. 
> 
> I have also sent you an email with the pdf attached.
> 
> Preston
> 
> --- In equismetastock@xxxxxxxxxxxxxxx
> <mailto:equismetastock%40yahoogroups.com> , "Lionel Issen" 
<lissen@> 
> wrote:
> >
> > Perhaps I am looking in the wrong place. Can you post the full 
site 
> address
> > that hold this file?
> > 
> > 
> > 
> > Lionel
> > 
> > 
> > 
> > From: equismetastock@xxxxxxxxxxxxxxx
> <mailto:equismetastock%40yahoogroups.com>  
> [mailto:equismetastock@xxxxxxxxxxxxxxx
> <mailto:equismetastock%40yahoogroups.com> ]
> > On Behalf Of p_panther_73
> > Sent: Monday, September 22, 2008 1:46 AM
> > To: equismetastock@xxxxxxxxxxxxxxx
> <mailto:equismetastock%40yahoogroups.com> 
> > Subject: [EquisMetaStock Group] Re: Short side Trailing Stop
> > 
> > 
> > 
> > You don't really have to search for it. Simply browse the files' 
> > section. Hope this helps, if not, I really don't know what can be 
> > wrong since I've opened the file myself just for checking.
> > 
> > Regards,
> > 
> > mc
> > 
> > --- In equismetastock@xxxxxxxxxxxxxxx
> <mailto:equismetastock%40yahoogroups.com> 
> > <mailto:equismetastock%40yahoogroups.com> , "Lionel Issen" 
> <lissen@> 
> > wrote:
> > >
> > > This time I got the message
> > > 
> > > 
> > > 
> > > "We did not find results for: bearish_stop.pdf".
> > > 
> > > 
> > > 
> > > Can you give me another address link?
> > > 
> > > 
> > > 
> > > Lionel
> > > 
> > > 
> > > 
> > > 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 p_panther_73
> > > Sent: Sunday, September 21, 2008 8:32 AM
> > > To: equismetastock@xxxxxxxxxxxxxxx
> <mailto:equismetastock%40yahoogroups.com> 
> > <mailto:equismetastock%40yahoogroups.com> 
> > > Subject: [EquisMetaStock Group] Re: Short side Trailing Stop
> > > 
> > > 
> > > 
> > > Well, you simply visit the files section, there you'll find a 
file
> > > named bearish_stop.pdf
> > > 
> > > Regards,
> > > 
> > > mc
> > > 
> > > --- In equismetastock@xxxxxxxxxxxxxxx
> <mailto:equismetastock%40yahoogroups.com> 
> > <mailto:equismetastock%40yahoogroups.com> 
> > > <mailto:equismetastock%40yahoogroups.com> , "Lionel Issen" 
> > <lissen@>
> > > wrote:
> > > >
> > > > I used all 3 lines in your address and got this answer
> > > > 
> > > > 
> > > > 
> > > > &#65533;Oops this page appears to be missing&#65533;
> > > > 
> > > > 
> > > > 
> > > > Can you email the file directly to me at lissen@?
> > > > 
> > > > 
> > > > 
> > > > Lionel
> > > > 
> > > > 
> > > > 
> > > > 
> > > > 
> > > > 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 p_panther_73
> > > > Sent: Saturday, September 20, 2008 6:20 PM
> > > > To: equismetastock@xxxxxxxxxxxxxxx
> <mailto:equismetastock%40yahoogroups.com> 
> > <mailto:equismetastock%40yahoogroups.com> 
> > > <mailto:equismetastock%40yahoogroups.com> 
> > > > 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-
> > > > 
> > 
> 
EYG9OnIXRMMijXH55Y4wBW0D93kxUVyPpxIAlHrSSnRUBzAKkYnCirh4HxEspo6lQac1y
> > g
> > > > ftuX5689A/bearish_stop.pdf
> > > > 
> > > > Have a look :)
> > > > 
> > > > --- In equismetastock@xxxxxxxxxxxxxxx
> <mailto:equismetastock%40yahoogroups.com> 
> > <mailto:equismetastock%40yahoogroups.com> 
> > > <mailto:equismetastock%40yahoogroups.com> 
> > > > <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> 
> > <mailto:equismetastock%40yahoogroups.com> 
> > > <mailto:equismetastock%40yahoogroups.com> 
> > > > <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%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> 
> > > > <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> 
> > <mailto:equismetastock%40yahoogroups.com> 
> > > <mailto:equismetastock%40yahoogroups.com> 
> > > > <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> 
> > > <mailto:equismetastock%40yahoogroups.com> 
> > > > <mailto:equismetastock%40yahoogroups.com> 
> > > > > > <mailto:equismetastock%40yahoogroups.com> , "Edmund 
> > Woltynski" 
> > > > > <edwol@>
> > > > > > wrote:
> > > > > > >
> > > > > > > Preston
> > > > > > >
> > > > > > > The negative is taken care of in the Bearish expression 
> > > > &#65533; 
> > > > > 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%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> 
> > > > <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> 
> > > <mailto:equismetastock%40yahoogroups.com> 
> > > > <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> 
> > > > <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%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> 
> > > > <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> 
> > > > <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> 
> > > > > > <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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