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Re: [EquisMetaStock Group] Re: About Mr.Karnish CMO3/DIA test setup.



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Rvalue,
  1.  There is an online trading Academy in Detroit that has different courses available  
                   that are taught in a training room there. (TA based)
                   

Detroit, MI

Online Trading Academy Michigan
Mars Corporate Center
25200 Telegraph Road #125
Southfield, MI 48033
Toll Free: 866-601-9OTA (866-601-9682)
Phone: 248-415-6123
Online Trading Academy brings professional trader and investing education to the Detroit area. Conveniently located near I-696 in Southfield, our state-of-the-art facility offers trading and investing courses from beginner to advanced, including stocks, options, futures, and currencies. You're invited to attend our weekly Power Trading Workshop to get your first lesson for free.
Detroit Campus Home Page | Map and driving directions
 
2. Tradeguider is based in Chicago and that is the one I have been following.
    This is based on the Richard D Wyckoff course and is very effective once you get it        down.     (Logically based......reading the spread, close and volume) - there is no         lag with this one.
 
As Value line said....don't quit your day job.
 
Hope this helps.
Tom
 
I live over here in Ada Mi.
 
----- Original Message -----
From: rvalue1
Sent: Saturday, February 14, 2009 11:15 AM
Subject: [EquisMetaStock Group] Re: About Mr.Karnish CMO3/DIA test setup.

Tom, Yes, I am located in Detroit. You can e-mail me at my e-mail
address or post the suggestion here if public worthy.

Regards,

Rvalue1
--- In equismetastock@yahoogroups.com, "Thomas E Dancey"
<tdancey5@xx.> wrote:
>
> rvalue1,
> Are you located in Detroit?
> And what is your background in trading?
> I have a suggestion if you are interested
>
> Tom
>
>
> ----- Original Message -----
> From: rvalue1
> To: equismetastock@yahoogroups.com
> Sent: Friday, February 13, 2009 3:11 PM
> Subject: [EquisMetaStock Group] Re: About Mr.Karnish CMO3/DIA
test setup.
>
>
> Preston, Thanks, I think I can take this and take a look.
>
> --- In equismetastock@yahoogroups.com, pumrysh <no_reply@> wrote:
> >
> > rvalue1,
> >
> > Does this work for you?
> >
> > Preston
> >
> >
> >
> > --- In equismetastock@yahoogroups.com, "Kees Takkenberg"
> > <c.a.takkenberg@> wrote:
> > >
> > > {Standard Error Oscillator van Steve Karnish}
> > >
> > > (C+2*STE(C,8)-Mov(C,3,S))/(4*(STE(C,8)))*100
> > >
> > >
> > > This is the formula from Mr.Karnish webinar.
> > >
> > > Kees T.
> > > ----- Original Message -----
> > > From: rvalue1
> > > To: equismetastock@yahoogroups.com
> > > Sent: Wednesday, February 11, 2009 2:58 PM
> > > Subject: [EquisMetaStock Group] Re: About Mr.Karnish
CMO3/DIA
> > test setup.
> > >
> > >
> > > 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@yahoogroups.com, pumrysh <no_reply@>
> 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@yahoogroups.com, "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@yahoogroups.com
> > > > > 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@yahoogroups.com, "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@yahoogroups.com
> > > > > > 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@yahoogroups.com, "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@yahoogroups.com
> > > > > > > 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@yahoogroups.com, "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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