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How do you determine the cycle length to use?
sstyers wrote:
> Karl,
> This was coded by Dave DeLuca and came from Omega's old BBS about 1994.
> Both text code and .ela, as well as notes on usage are included.
> Sorry, I don't have any personal experience with it.
>
> Sherrill Styers
>
> >Original message:
>
> >Does anyone happen to have the code for Geitzen's Reactivity indicator that
> >might be willing to share it? I would be glad to reciprocate if there is
> >something you may need.
> >Many thnaks,
> >
> >Karl kschr@xxxxxxxxxxx
>
> =============================================================
> =============================================================
> This is my version of the reactivity indicator as described in
> the book "Real-Time Futures Trading" by Al Gietzen.
>
> Gietzen was somewhat vague on the exact formula but this version
> produces the results he described. The book recommends using this
> indicator in combination with the observed cycles in the market,
> and setting the reactivity length to one half the cycle period.
> Enter trades when the indicator value crosses it's moving
> average at the appropriate cycle highs and lows. If reactivity
> crosses above or below rmean it is indicating exceptional price
> sensitivity for the period's volume activity. Trades should
> not be entered againest the market's move at the next cycle high
> or low following this reactive period.
>
> Dave DeLuca
> 03/13/94
> ===============================================================
>
> Newsgroups:
> misc.invest.futures
> References:
> 1
>
> On 19 Dec 1997 23:12:26 GMT, hs20@xxxxxxxxxxxxx(Bigbar) wrote:
>
> >Has anyone heard of or read of Al Gietzen's material? I have studied
> >it for the past nine months and have been very succesful doing some
> >paper trading. Let me know if you have any opinions. Thanks
>
> I've been using the Reactivity in one form or another for a few years
> now. I've done quite well with it in real trading. It excells at
> keeping you on the right side of the market through the periods of
> consolidation, allowing you to catch the larger moves.
>
> The hardest part is learning to take the signals. The key to
> success with this system is to constantly monitor the cycle
> lengths and adjust the indicator to the 1/2 cycle length. I do this
> every 4 or 5 cycles of the primary indicator.
>
> One interesting (and profitable) note, watch for divergence of the
> money flow and midpoint price especially in the hog and wheat market.
> If this divergence lasts for a week or so, it's about the surest
> signal you'll ever get in the futures markets.
>
> (Author unknown)
>
> ===============================================================
> .ELA File text
> ===============================================================
> {Type: Indicator
> Name: Reactivity
> Notes: Aspect ratio * Momentum
>
> Last update: 03/13/94
> Printed on 01/05/99
>
> Indicator: Reactivity as in Al Geitzen's book "Real Time Futures
> Trading".
>
> code by Dave DeLuca via Omega BBS}
> ===============================================================
>
> Inputs: rLen(5), xLen(4);
>
> Vars: r(0);
>
> PLOT1(Reactivity(rLen),"Reactivity");
> PLOT2(rmean(rLen),"rmean");
> PLOT3(1.2*-rmean(rLen),"-rmean");
> PLOT4(Xaverage(Reactivity(rLen), xLen,"");
>
> ------------------------------------------------------------------------
> Name: Reactiv.ela
> Reactiv.ela Type: application/x-unknown-content-type-ela_auto_file
> Encoding: base64
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