|
PureBytes Links
Trading Reference Links
|
If someone has or could write an EL code that uses a running 5 days for
an indicator etc. then you could have a weekly indicator in a daily chart!
The running indicator as an example would say run from last monday to this
monday, then on tues. it would run from last tues to this tues. etc. In
other words compress the last 5 days into a week and do it each a every day
then you would have a weekly indicator in a daily chart. If anyone has any
code to do this I would also like to have it!! Also any other ideas along
this line of thinking would be very helpful!!
At 09:41 AM 1/12/98 -0500, you wrote:
>
>I think if you specify Data1 and Data2 for your weekly and daily indicators
>within your code, respectively, this should work. The only problem I found
>was when the weekly bar hadn't finished forming, I got a false signal from
>the weekly (which changed subsequently when the bar finishes on Friday)
>indicator. Meaning the indicator met my criteria sometime during the week,
>but then didn't meet it on when the bar finished on Friday's close.
>
>This is what I ran into when I tried to code the Elder Triple Screen system
>and I dropped trading it because I receieve to many false trading signals.
>
>Regards,
>Craig
>
>
>
>
>
>omega-list@xxxxxxxxxx on 01/11/98 02:30:24 AM
>
>To: omega-list@xxxxxxxxxx
>cc: (bcc: Craig Nelson/NY/SBCM)
>Subject: SC daily/weekly EL system?
>
>
>
>
>Is it possible to write a system with SC's quick editor that allows daily
>and
>weekly indicator signals to be recorded on the same chart so that the
>system
>can be backtested? (for example, a system that might need a daily RSI
>signal
>but only if this signal is in the same direction as weekly momentum) I
>have
>not been able to figure this out.
>Thanks
>
>
>
>
>
>
>
|