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Re: FEAR


  • To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
  • Subject: Re: FEAR
  • From: Walt Downs <knight@xxxxxxxxxxxx>
  • Date: Sat, 19 Jul 1997 02:27:18 -0700 (PDT)
  • In-reply-to: <M.071897.154950.96@xxx-207-113-176-72-anaheim.apc.net>

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wjm@xxxxxxx wrote:
> 
> Could you kindly provide me (or other RT's) with instructions on how to
> extract/convert/run your FEAR program. Thus far all I've been able to do is to
> save the encoded text. I'd like to rewrite FEAR in a BASIC program. Sorry I am
> so dumb about Windows. extractors/converters, mime files. Perhaps your answer
> would benefit other RT's. I realize this could turn into a lot of work for you,
> and if so I would understand that you might not want to do it. Thanks in
> advance for your consideration of the request. Jay

Jay,

Since part of this code was "locked out", you are probably getting
gibberish.

Unfortunately, at this point, in order to present you with a 
usable format for other programming languages, I would also 
have to present you with the mathematical formulas upon which
the indicators or based. Since, at this point, these formulas
are proprietary, I can't really do that.

The indicators were presented in order to help people think a
little bit about new ways to use technical analysis.

How does one go about this? Let me give you an example:

Let's say you wanted to write your own indicator expressing "fear"
in the market. Take a look at any market you have been trading,
and ask yourself at what point YOU experienced the GREATEST
fear. Well, you probably weren't alone :) ) Review the price
action of the market at this point. What did the price bars
look like? How did they react, and where did they end up.

>From this point, the rest of the programming simply boils down
to expressing what you see in mathematical terms. Since you
have the price action right in front of you, that shouldn't
be hard to do. I think you will find that the formulas you
derive using this methodology tend to be much more powerfull
than simple price analysis alone.

Regards,

Walt Downs 
CIS Trading