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Dennis,
OK. Think I got it. My Momentum Indicator now looks the same as yours.
Thanks alot,
Ron
>
> > Is there a way for someone that has
> > TS4 but doesn't know easy language to install the follow:
> >
> > NYSE advancers minus decliners (qc:advdec.ny) 30 minute bars.
>
> Sure. Without getting into the confusing BS Bob ran into with the
> different session times for the futures and the breadth data, the
> easiest way to get an indicator plotting is to just make a new chart for
> the breadth data.
>
> Data1: NYSE Advances 30-min
> Data2: NYSE Declines 30-min
> Indicator: Momentum
> Price: (close data1) - (close data2)
> Length: 13
>
> Count the bars plotted in a day to verify that 13 is the right number
> for the way your symbol universe is set up.
>
> > I think it would be fun to have some winners.
>
> Don't trade it until you take some time to get to know it. How much does
> it need to cross zero to give a signal? Do you always want to be in the
> market or do you want to incorporate some exits? What other stuff do you
> want to use to confirm the signal. etc. etc. The basic MB version can
> and will give you some hefty drawdowns before it resumes a profitable
> run. Like John always says, futures trading involves risk - lots of it.
> :-)
>
> --
> Dennis
>
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