|
PureBytes Links
Trading Reference Links
|
Hi Lionel Issen,
I think a zero lag moving average is probably impossible but ideally
that is exactly what I'm looking for. Have you got something of this
nature ??
All indicators have a lag imho but some have more lag than others. If
you can come up with a zero lag indicator then you are indeed a
mighty man !!
regards
Pat
--- In equismetastock@xxxxxxxxxxxxxxx, pumrysh <no_reply@xxx> wrote:
>
> GV,
>
> 1.Charts will be broadcast to those choosing to receive emails but
> not saved in the message archive.
>
> 2.The RMO uses recursive smoothing.
>
> 3.While the indicator may not come with the flexibility of choosing
> your own parameter, it can be modified.
>
> 4. The RMO is the Rainbow Indicator created by Mel Widner, Ph.D.
and
> originally introduced in the July 1997 issue of Technical Analysis
of
> Stocks and Commodities magazine.
>
> The Rainbow Charts indicator is trend-following indicator. The
basis
> of the Rainbow Charts indicator is a 2-period simple moving
average.
> Recursive smoothing is then applied to the original moving average
> thereby creating 9 additional moving averages; each new moving
> average is based on the previous moving average. Through this use
of
> recursive smoothing a full spectrum of trends is created that, when
> plotted using continuous colors, have the appearance of a rainbow.
>
> The Rainbow Oscillator is also a trend-following indicator that is
> based on the same calculations used to create the Rainbow Charts.
The
> Rainbow Oscillator is derived from a consensus of the Rainbow
Charts
> trends. It defines the highest high and lowest low of those moving
> averages to create an oscillator and bandwidth lines based on those
> calculations.
>
>
> Click on the link for the Meatastock formula:
>
>
http://www.traders.com/Documentation/FEEDbk_docs/Archive/0797/tradetip
> s.html
>
> or go to:
>
>
http://www.paritech.com/education/technical/custom/indicators/97jul.as
> p
>
>
> The article link is:
>
>
http://www.traders.com/Documentation/FEEDbk_docs/Archive/0797/0797Widn
> er.html
>
> Discussion at the Equis Forum:
>
> http://forum.equis.com/forums/post/23170.aspx
>
>
>
> Hope this helps,
>
>
> Preston
>
>
>
>
> --- In equismetastock@xxxxxxxxxxxxxxx, "Vasanth Mohan G Buddaan"
> <vgbudawn@> wrote:
> >
> > Talking of zero lag moving averages, there is an 'adjusted'
> oscillator on which there was a good amount of discussion earlier -
> RMO - which is also good at tagging onto the flow of the prices
like
> the TEMA
> >
> > Hope my below given chart gets posted on the yahoo (otherwise it
> would be meaningless)...
> >
> >
> >
> > Have taken 2 weeks of 5min chart of nifty (Indian Index) in which
> period there is trending in both up & down sides, flat periods and
a
> couple of gaps which were followed by contra market movement by
which
> I mean that the prices moved opposite to the gap on both occasions -
> once after violating the low and once without violating it on 15th
&
> 20th respectively. When the price violated the low formed on the
gap
> many (trend following) systems would have given a 'sell' which
would
> have got whipsawed much later in a normal MA cross over system
(like
> the one shown at the top in green colour - which is a difference of
a
> long & short period moving averages).
> >
> > Whereas the RMO given at the bottom in dark blue colour
immediately
> turned up in the direction of the recent price behaviour ignoring
> the 'gap down' - the area marked between the yellow - dotted &
plain
> lines. On 20th, it was so swift the whipsawing would have been
> minimum as compared to the normal MA crossover system given at top
of
> the chart.
> >
> > Among the Moving Averages - TEMA (red line) at the bottom and EMA
> (yellow) at the top - both of 10d - obviously TEMA has the minimum
> lag and hence a faster recovery after the gap. To me it looks like
> RMO is largely a moving average cross over system as may be seen by
> the white & black lines giving intermediate tops & bottoms in RMO
> which mostly coincides with the price extremes or does so with a
> negligible lag. There is quite possibly a component of a
conventional
> oscillator built into it. The main problem is that the indicator
does
> not come with the flexibility of choosing our own parameter. It is
so
> good at capturing the trends but does not have much of the
predictive
> ability of an oscillator resuting in suffering the 'gaps' - may not
> be 'after' but 'prior' to them.
> >
> > Just a post to throw up an idea at altering a MA Cross Over
> system...
> >
> >
> > gv
> > ----- Original Message -----
> > From: Lionel Issen
> > To: equismetastock@xxxxxxxxxxxxxxx
> > Sent: Tuesday, February 17, 2009 11:22 PM
> > Subject: RE: [EquisMetaStock Group] Re: adjusted moving avs
> >
> >
> > Do you need a zero-lag moving average?
> >
> >
> >
> > From: equismetastock@xxxxxxxxxxxxxxx
> [mailto:equismetastock@xxxxxxxxxxxxxxx] On Behalf Of pjrbutler
> > Sent: Tuesday, February 17, 2009 3:44 AM
> > To: equismetastock@xxxxxxxxxxxxxxx
> > Subject: [EquisMetaStock Group] Re: adjusted moving avs
> >
> >
> >
> > Thx for your replies
> > I had a look at Jurik's. It's a pity he charges so much , but
it
> does
> > look a very good mov av. Tillson comes out second best. Has
> anyone
> > got his address ? I googled him. There were 186,000 pages of
> > Tillson's in Colorado !
> >
> > Thx
> > Pat
> >
> > --- In equismetastock@xxxxxxxxxxxxxxx, Code 2 <Code2@> wrote:
> > >
> > > Mark Jurik's JMA is a very nice low-lag moving average with
> little
> > > overshoot. See http://www.jurikres.com/catalog/ms_ama.htm#top
> > >
> > >
> > >
> > > From: pumrysh <no_reply@xxxxxxxxxxxxxxx>
> > > To: equismetastock@xxxxxxxxxxxxxxx
> > > Date: Sunday, February 15, 2009, 10:20:18 AM
> > > Subject: [EquisMetaStock Group] Re: adjusted moving avs
> > >
> > > Hi Pat,
> > >
> > > The problem with any moving average is the lag that is
> introduced
> > when
> > > you begin manipulating them. So the question then is are you
> really
> > > improving them? There is a formula out there that was
discussed
> > several
> > > years ago at:
> > >
> http://finance.groups.yahoo.com/group/equismetastock/message/23694
> > >
> > > I'm not aware of any that restrict the advance/decline by a
> > percentage
> > > or points...seems that would defeat their purpose.
> > >
> > > Another thought is an adaptive moving average which is set to
a
> > small
> > > lookback period at the beginning of a trend then adjust to
> longer
> > > lookbacks as the trend progresses based on an indicator
value.
> > There
> > > are DLL's in the files section that will help you with this
> task.
> > >
> > > Preston
> > >
> > >
> > >
> > >
> > > --- In equismetastock@xxxxxxxxxxxxxxx, "Patrick Butler"
> <pat494@>
> > > wrote:
> > > >
> > > > Hi,
> > > > Our old friends moving averages do a good job and are
> generally
> > > useful. However to improve them and their forecasting
ability,
> is
> > it
> > > possible to negate their larger than normal swings up and
> down ? A
> > > spike of more than X points or a percentage perhaps ? Perhaps
> there
> > is
> > > a formula already out there somewhere ? Jurik may have done
> > something
> > > along these lines.
> > > > Thanks
> > > > Pat
> >
>
------------------------------------
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/
|