|
PureBytes Links
Trading Reference Links
|
<x-html><!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN">
<HTML><HEAD>
<META content="text/html; charset=iso-8859-1" http-equiv=Content-Type>
<META content="MSHTML 5.00.2919.6307" name=GENERATOR>
<STYLE></STYLE>
</HEAD>
<BODY bgColor=#ffffff>
<DIV><FONT size=2>RT:</FONT></DIV>
<DIV><FONT size=2>Bill Williams has written two books. TC=="Trading Chaos"
and NTD=="New Trading Dimensions" </FONT></DIV>
<DIV> </DIV>
<DIV><FONT size=2>The first, TC is a very basic book on trading and determining
market direction and the mental aspect of how the brain works and effects your
trading process. He also discusses Elliott Wave in basic form, this is because
he uses the MACD to determine at a glance which wave your on, so you know now
versus most Ellioticians often readjusting their
re-evaluation. </FONT></DIV>
<DIV> </DIV>
<DIV><FONT size=2>NTD is the book that tells of his system which he built his
software around. There will be a couple of statements of his work of
teaching this method on a one on one basis and his internet site. This
book covers most everything in the first book, but not to much detail as the
bulk is discussing the indicators and how to use them.</FONT></DIV>
<DIV><FONT size=2></FONT> </DIV>
<DIV><FONT size=2>http://www.profitunity.com/ This is his web
site.</FONT></DIV>
<DIV><FONT size=2></FONT> </DIV>
<DIV><FONT size=2>I personally like both books, but my friends say NTD is the
one to get and forget the other. </FONT></DIV>
<DIV> </DIV>
<DIV><FONT size=2>Let me state this also, in relation to the MACD. In the
fourth wave you will get a sell and an buy signal, using alligator only,
for a minor lost or gain. But when you use MACD you know this is false so
you can readjust your strategy. This is not like some think using moving
averages only and taking buy and sell signals, even tho you would still make
money, but not picking the tops and bottoms of the markets as he
describes.</FONT></DIV>
<DIV> </DIV>
<DIV><FONT size=2>BW uses the three exponential moving averages and 5-34-5 MACD
an MFI all built around the wave theory.</FONT></DIV>
<DIV><FONT size=2>charley</FONT></DIV>
<DIV><FONT size=2></FONT> </DIV>
<DIV><FONT size=2>charley</FONT> </DIV>
<DIV><FONT size=2> </FONT></DIV></BODY></HTML>
</x-html>From ???@??? Fri Dec 17 16:45:03 1999
Return-Path: <listmanager@xxxxxxxxxxxxxxx>
Received: from mail.thetrellis.net ([208.179.56.11])
by purebytes.com (8.8.7/8.8.7) with SMTP id RAA28183
for <neal@xxxxxxxxxxxxx>; Fri, 17 Dec 1999 17:45:47 -0800
Received: from REALTRADERS.COM
([208.179.56.198])
by mail.thetrellis.net; Fri, 17 Dec 1999 16:40:29 -0800
Received: from intrepid.Intrepid.Com by realtraders.com
with SMTP (MDaemon.v2.8.5.0.R)
for <realtraders@xxxxxxxxxxxxxxx>; Fri, 17 Dec 1999 16:36:56 +0000
Received: from presto.intrepid.Com (presto [192.195.190.8])
by intrepid.Intrepid.Com (8.8.7/8.8.7) with ESMTP id RAA29209;
Fri, 17 Dec 1999 17:41:39 -0800
Received: by presto.intrepid.Com (8.7.5/3.2.083191-Intrepid Technology)
id AAA17122; Sat, 18 Dec 1999 00:35:28 GMT
From: gary@xxxxxxxxxxxx (Gary Funck)
Message-Id: <9912171635.ZM17120@xxxxxxxxxxxxxxxxxxx>
Date: Fri, 17 Dec 1999 16:35:27 -0800
In-Reply-To: "Dr. John Cappello" <jvc689@xxxxxxxxxxx>
"[RT] Mechanical S&P Trading Systems" (Dec 17, 5:57pm)
References: <19991217225710.4933.qmail@xxxxxxxxxxx>
X-Mailer: Z-Mail (3.2.3 08feb96 MediaMail)
To: <realtraders@xxxxxxxxxxxxxxx>
Subject: [RT] Re: Mechanical S&P Trading Systems
Mime-Version: 1.0
Content-Type: text/plain; charset=us-ascii
X-MDaemon-Deliver-To: realtraders@xxxxxxxxxxxxxxx
X-Return-Path: gary@xxxxxxxxxxxx
Sender: listmanager@xxxxxxxxxxxxxxx
X-MDMailing-List: realtraders@xxxxxxxxxxxxxxx
X-MDSend-Notifications-To: listmanager@xxxxxxxxxxxxxxx
Reply-To: gary@xxxxxxxxxxxx
Status:
I introduced a typo in cutting/pasting the previous version.
Here's the corrected copy.
{************************************
Blitzkrieg System
Trades 90 min. bars on the S&P?
courtesy of: "Dr. John Cappello" <jvc689@xxxxxxxxxxx>
"[RT] Mechanical S&P Trading Systems"
(Dec 17, 5:57pm)
************************************}
input:ph((h+c+2*L)/2-L), pl((h+c+2*L)/2-h),
length(12), length2(12), ToEXIT(0);
buy highest(ph, length2) + 1 point stop;
if Toexit=1 then
exitlong lowest(L, length2) stop;
sell lowest(pl,length) - 1 point stop;
if ToEXIT=1 then
exitshort highest(h,length2) stop;
A reader asked about the highest() and lowest()
functions. The highext(X, N) function returns
the highest value of X in the last N bars.
Likewise lowest(X, N) returns the lowest value of
X in N bars.
The value of ph above simplifies to (H+C)/2. The
value of pl simplifies to (c + 2*L - H), which
doesn't look quite right to me.
|