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Preston, Could you code Steve's Standard error Channel system that
he presented as his second method in the presentation and put it out
on this forum? It would be much appreciated.
I liked the CMO3 on DIA. I think it has some real merit if combined
with stops etc as he suggested. But I think the second one had a
better equity curve.
Thanks,
--- In equismetastock@xxxxxxxxxxxxxxx, pumrysh <no_reply@xxx> wrote:
>
> Kees,
>
> The first formula would produce the div error. I would at least
> correct it with the divisor sum method that Roy gave us.
>
> Rather than a statue that would be exposed to birds and radicals
> could I just have a nice portrait. That way I wouldn't be exposed
to
> the elements. :-)
>
> Preston
>
>
>
> --- In equismetastock@xxxxxxxxxxxxxxx, "Kees Takkenberg"
> <c.a.takkenberg@> wrote:
> >
> > So I better change the one I found in Metastock ( see first mail
> beneath) for this CMO formula!
> >
> > Is there a spot in some country we can use to build you a statue
> Preston?
> > Not joking. I very much appreciate your enduring help.
> >
> > Regards,Kees.
> >
> > N.B. I'll look over the ppt presentation this weekend.
> > ----- Original Message -----
> > From: pumrysh
> > To: equismetastock@xxxxxxxxxxxxxxx
> > Sent: Friday, February 06, 2009 12:23 AM
> > Subject: [EquisMetaStock Group] Re: About Mr.Karnish CMO3/DIA
> test setup.
> >
> >
> > Here's another CMO formula.
> > It incorporates an idea from Roy inorder to avoid the Div by
zero
> > error. Also a link to another Karnish ppt presentation.
> >
> > Preston
> >
> > http://www.cedarcreektrading.com/momentum052306.ppt
> >
> > {Chande Momentum Oscillator}
> > Periods:=Input("Periods",1,200,3);
> > Up:=Sum((C-Ref(C,-1))*(C>Ref(C,-1)),Periods);
> > Down:=Sum((Ref(C,-1)-C)*(C<Ref(C,-1)),Periods);
> > DS:=Up+Down;{divisor sum}
> > ChandeMo:=(Up-Down)/(DS+(DS=0))*100;
> > ChandeMo;{end}
> >
> > --- In equismetastock@xxxxxxxxxxxxxxx, "Kees Takkenberg"
> > <c.a.takkenberg@> wrote:
> > >
> > > O.K. Preston,
> > >
> > > Things are clear to me now.
> > >
> > > Thanks again for your support , your advice and your time.
> > >
> > > Regards, Kees.
> > >
> > >
> > > ----- Original Message -----
> > > From: pumrysh
> > > To: equismetastock@xxxxxxxxxxxxxxx
> > > Sent: Thursday, February 05, 2009 6:45 PM
> > > Subject: [EquisMetaStock Group] Re: About Mr.Karnish
CMO3/DIA
> > test setup.
> > >
> > >
> > > Kees,
> > >
> > > Steve likes to feel very close to his indicators and often
> > nicknames
> > > them. The Chande Momentum Oscillator is a built-in indicator
> and
> > is
> > > sometimes called the CMO. Steve calls it CMO3 because he
uses 3
> > > lookback periods. You can call the built-in function by
using
> > > CMO(data,periods). If you should decide to write a custom
> formula
> > or
> > > use Steve's long version, once it is named you would use the
> > formula
> > > call like this: Fml("CMO3")
> > >
> > > You could also use the built-in like this: CMO(C,3);
> > >
> > > Since we know there are division errors with the long
version
> of
> > the
> > > formula, I would simply use CMO(C,3); It is the same thing.
> > >
> > > Preston
> > >
> > > --- In equismetastock@xxxxxxxxxxxxxxx, "Kees Takkenberg"
> > > <c.a.takkenberg@> wrote:
> > > >
> > > > Peston,
> > > >
> > > > Thank you for your answers Preston.
> > > >
> > > > So the "Sell short" was missing the Cross-function.
> > > >
> > > > I understand I can write whatever a name I want the
indicator
> > to be?
> > > >
> > > > Am I wrong in thinking that if I do not use the original
> > indicator
> > > formula in a setup I have to use the Fml ( " ") function?
> > > >
> > > > Because I don' t understand that only "CMO" works .
> > > >
> > > > Regards,Kees.
> > > >
> > > >
> > > > ----- Original Message -----
> > > > From: pumrysh
> > > > To: equismetastock@xxxxxxxxxxxxxxx
> > > > Sent: Thursday, February 05, 2009 5:59 PM
> > > > Subject: [EquisMetaStock Group] Re: About Mr.Karnish
CMO3/DIA
> > > test setup.
> > > >
> > > >
> > > > Kees,
> > > >
> > > > 1. Yes...but expect some division by zero errors with this
> > formula
> > > >
> > > > 2. You could or you could write:
> > > >
> > > > {CMO3}
> > > > {Steve Karnish's CMO}
> > > > CMO(C,3);
> > > >
> > > > 3. Much shorter to write CMO(C,3) and not have to worry
about
> > the
> > > > division error.
> > > >
> > > > 4. Sell short: Cross(CMO(C,3),opt1)
> > > >
> > > > Preston
> > > >
> > > > --- In equismetastock@xxxxxxxxxxxxxxx, "Kees Takkenberg"
> > > > <c.a.takkenberg@> wrote:
> > > > >
> > > > > It seems I have some lack in fundamentel formulae
> > > understanding.
> > > > But I'm trying to do the test myself and I don't get it
right!
> > > > >
> > > > > E.g. the first rule is: Buy: Cross(-opt1,CMO(C,3))
> > > > >
> > > > > In the indicatorbuilder I found this formula, wich is
> > > > namend "Chande Momentum Oscillator".
> > > > >
> > > > > 100*((Sum(If(C,>,Ref(C,-1),(C-Ref(C,-1)),0),14))-(Sum(If
> > (C,<,Ref
> > > (C,-
> > > > 1),(Ref(C,-1)-C),0),14))) /((Sum(If(C,>,Ref(C,-1),(C-Ref
(C,-
> > > 1)),0),14)
> > > > +(Sum(If(C,<,Ref(C,-1),(Ref(C,-1)-C),0),14))))
> > > > >
> > > > > Question:
> > > > >
> > > > > 1. Because of the 3 periods Mr.Karnish uses, should I
> change
> > > the 14
> > > > into a 3?
> > > > > 2. Should I rename the "Chande Momentum Oscillator"into
CMO.
> > > > > 3. By doing so, the way to write the first rule (see
above)
> > > will
> > > > than be : Cross(-opt1, Fml( "CMO")), because I am
referring
> to
> > an
> > > > indicator in the Indicatorlist?
> > > > > 4.Do I have to skip the (C,3)) because I already have
> changed
> > a
> > > 14
> > > > days period into a 3 one? Or must I see the "CMO"as a
> complete
> > > entity
> > > > and set the "(C,3)" stil behind it?
> > > > >
> > > > > When writing the third rule , Sell short: ( CMO
(C,3),opt1)
> > into
> > > the
> > > > systemtester "Metastock" correct me over and over again.
> > > > > Is the word Cross missing here? Because Buy to cover is
> with
> > > the
> > > > Crossfunction and I should say to sell short is triggered
> when
> > > the
> > > > CMO crosses the above triggerline!
> > > > >
> > > > > I would also say that I very much appreciate Mr.Karnish
> > webinar.
> > > > >
> > > > > And to you all out there: I would really appreciate your
> help
> > > on
> > > > this.
> > > > >
> > > > > Regards,
> > > > >
> > > > > Kees Takkenberg
> > > > >
> > > >
> > >
> >
>
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