Re: help w/ omega code

["BrentinUtahsDixie" <brente@xxxxxxxxxxxx>]

Earl,

As this code is obviously not Omega code, how about writing out these
formulae in full so we can check them out. 

Thanks,

Brent


----------
> From: Earl Adamy <eadamy@xxxxxxxxxx>
> To: REALTRADERS@xxxxxxxxxxxxxx
> Subject: Re: help w/ omega code
> Date: Thursday, May 14, 1998 7:37 PM
> 
> Your approach will run afoul of the scaling of the chart. I use Rate Of
Return
> on Linear Regression lines to deal with this problem. Here are 3
different
> formulas which were given to me. I use Calculated ROR.
> 
> '           SimpleROR   = ((LREnd-LRBegin)/Abs(LRBegin)) *
(amcTRADEDAYS_YEAR /
> LRLength in trade days)
> '
> '           CompoundROR = ((LREnd / LRBegin) ^ (amcTRADEDAYS_YEAR /
LRLength in
> trade days)) - 1
> '                   NOTE: Negative number can not be raised to fractional
power
> '
> '           Calculated ROR = (Sum((LRCurr - LRPrev) / LRPrev) / LRLength)
*
> amcTRADEDAYS_YEAR
> 
> Earl
> 
> -----Original Message-----
> From: Tullman, Mitch <MitchT@xxxxxxx>
> To: 'REALTRADERS@xxxxxxxxxxxxxx' <REALTRADERS@xxxxxxxxxxxxxx>
> Date: Thursday, May 14, 1998 9:19 AM
> Subject: help w/ omega code
> 
> 
> >Hi,
> >
> >
> >   Does anyone know how to code this idea??
> >
> >If the angle of the moving avg is greater than 35% then buy the first
> >.382% retracement
> >of the underlying
> >
> >
> >don't even know if it's possible....thanks, Mitch
> >
> 
>