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On Wed, 05 Nov 1997 04:34:54 -0800 "bobrabcd"writes:
>Ron, how about posting the OEX point gain(loss) and the point
>gain(loss) of an at the money option next to your buy sell signals so we
can see how
>they translate to account significance?
>I missed the beginning of your thread on this. What are the decimal
>numbers in the second column?
>BobR
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BobR,
Part of what I was working on for my "MIDI" indicator was to have a
substitute for the "VIX". This would enable me to calculate the "AMOSS"
without the necessity of using the "VIX". I would then have a volatility
estimate that would allow the new "MIDI" to be used on more than just the
OEX (stocks, futures,ect.). Once I was able to come up with a workable
version of a substitute ("MIX" McEwan Volatility Index) for the "VIX" I
wanted to compare the "MIX" to the "VIX" . I overlayed the "MIX" on the
"VIX" and noticed a visual relationship that seemed to have some mkt
timing potential. I was able to work out the formulas for the
relationship. The numbers that you saw on my post were the results of my
equations. The only significance they seem to have is whether they are
positive (long signal) vs negative(short signal). There might be some
significance to there rising or falling, I am still looking into this.
Using realtime data this could prove to be a reliable intra day mkt
timing tool. I will post the numbers on an end of day basis to see how
this could work. I do nor have specific results in the form of a P&L for
actual trades as this was not originally intended to be a timing tool.
Thanks
Ron McEwan
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