[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]

[EquisMetaStock Group] Re: New formula required Please



PureBytes Links

Trading Reference Links

Claud,

Try these links:

http://tinyurl.com/7alflu

http://tinyurl.com/9sfumw

http://trader.online.pl/MSZ/e-se-Fibonacci_Ratios_and_Momentum.html


First one is the article pdf and the last two are the TASC Trader 
tips formulas. 

Overall the technique is a great way to buy into a trending market.


Preston




--- In equismetastock@xxxxxxxxxxxxxxx, Claud Baruch <claudba@xxx> 
wrote:
>
> Many thanks. The links don't work, but I've been using a variation 
of this
> indicator which has produced some rather good results. It is 
especially
> useful for volatile stocks and indexes....AND....there really isn't 
much 
> of a lag the way I use it.
> Thanks again Preston.
> 
> Claud
> 
> pumrysh wrote:
> 
> > Claud,
> >
> > My apologies for not getting back to you sooner on this...it was
> > evidently lost in cyberspace.
> >
> > The Zero-Based RSI is simply:
> >
> > RSI(periods)-50
> >
> > There is far more to this than the vendors let on. It was 
originally
> > an article for TASC done by Tom Hartle in 1997. The following 
links
> > are for a PDF of the article and the TASC article indicators.
> >
> > http://old.artun.ee/~momentum/ebook/STOCKS%20&%
20COMMODITIES/Stocks% 
> > <http://old.artun.ee/%7Emomentum/ebook/STOCKS%20&%
20COMMODITIES/Stocks%>
> > 20&%20Commodities%20-%20Using%20Fibonacci%20Ratios%20And%
> > 20Momentum.pdf
> >
> > 
http://www.traders.com/Documentation/FEEDbk_docs/Archive/1197/Traders 
> > 
<http://www.traders.com/Documentation/FEEDbk_docs/Archive/1197/Traders
>
> > Tips/tips9711.html
> >
> > Hartle has been a big advocate of the RSI and more recently wrote 
an
> > article using a shortened version of the RSI...something like 3
> > periods. Notice that in his article he uses the standard 14 period
> > RSI while the vendors use a longer 30 period RSI.
> >
> > I'm somewhat intriqued by the fibonacci reverence as this was also
> > something that Baeyans thought useful.
> >
> > One final thought was the foreward reference used in the TASC 
Trader
> > Tips indicators for the expert. The forward reference means that 
you
> > would not be able to use the indicators until after the fact.
> >
> > Hope this helps,
> >
> > Preston
> >
> > --- In equismetastock@xxxxxxxxxxxxxxx 
> > <mailto:equismetastock%40yahoogroups.com>, Claud Baruch <claudba@>
> > wrote:
> > >
> > > Preston,
> > >
> > > I came across this RSI indicator and am wondering how I can
> > program this
> > > in Metastock.
> > >
> > >
> > >
> > > Claud
> > >
> > > pumrysh wrote:
> > >
> > > > Claud,
> > > >
> > > > You are a man after my own heart.
> > > >
> > > > The RSI is already a zero based indicator. It fluctuates from 
0
> > to
> > > > 100 with 50 as a midpoint. That is really part of its problem
> > > > because it is crammed into the 0 to 100 scale. This was a 
point
> > that
> > > > Baeyans picked up on. It is not normalized though like the
> > > > stochastic.
> > > >
> > > > If you subtract 50 from the RSI you will end up with a bipolar
> > > > scaling where 0 is the midpoint and it will have a positive /
> > > > negative deflection.
> > > >
> > > > The RSI Raw is a good starting point if you want to see the
> > actual
> > > > indicator without its wilders smoothing.
> > > >
> > > > Preston
> > > >
> > > > --- In equismetastock@xxxxxxxxxxxxxxx 
> > <mailto:equismetastock%40yahoogroups.com>
> > > > <mailto:equismetastock%40yahoogroups.com>, Claud Baruch
> > <claudba@>
> > > > wrote:
> > > > >
> > > > > I would like to write a custom formula called zero base RSI.
> > > > > Simply put, the formula subtracts 50 from the daily RSI
> > reading.
> > > > > Any help is Greatly appreciated.
> > > > >
> > > > > Claud
> > > > >
> > > >
> > > >
> > >
> >
> >
>



------------------------------------

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/