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[RT] Re: CL_The argument about top of market


  • To: "<code-list@xxxxxxxxxxxxx>
  • Subject: [RT] Re: CL_The argument about top of market
  • From: Clyde Lee <clydelee@xxxxxxx>
  • Date: Sun, 9 Jan 2000 08:18:09 -0800
  • In-reply-to: <8F51562044CFD111B27B00805FE222E9F94281@xxxxx>

PureBytes Links

Trading Reference Links

Here is a picture with the simple system applied where a 100 day
wait and a sell on ratio below  0.5  was applied.

Now, do you buy or sell ? ? ? ?

Simple System:

Code Below = = = = = = = = = = = = = = = = = = = = = = = = = = =
Input:  BuyLvl(2),SellLvl(.5),WaitBars(100),LongL(31),ShortL(3);

Value1=AvgTrueRange(ShortL)/AvgTrueRange(LongL);
Value3=MarketPosition;

If Value3<>Value3[1] THEN Value2=CURRENTBAR;

If Value3<>0 then begin
 If CurrentBar-Value2>WaitBars then ExitLong
  Else If Value1<SellLvl then ExitLong;
End
Else If Value1>BuyLvl then Buy on Close;


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Clyde Lee   Chairman/CEO       (Home of SwingMachine)
SYTECH Corporation             email:   <clydelee@xxxxxxx>
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----- Original Message -----
From: "Bengtsson, Mats" <mats.bengtsson@xxxxxxxxxxxx>
To: "Clyde Lee" <clydelee@xxxxxxx>; <code-list@xxxxxxxxxxxxx>
Sent: Sunday, January 09, 2000 04:12
Subject: RE: CL_The argument about top of market


> I did it on the swedish stock index, which gives 17 crossings of the
number
> 2 line, and 10 of them were good times for buying. Did it show
something
> more decisive for your indexes?
>