[RT] Re: [MedianLine] BobR's 1% Moves

["BobR" <bobrabcd@xxxxxxxxxxxxx>]

Looking at the %adv decl and %VIX suggests a rally 
this afternoon.
 
bobr
<BLOCKQUOTE 
style="PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
  ----- Original Message ----- 
  <DIV 
  style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From: 
  Clyde Lee 
  
  To: <A title=swingmachine@xxxxxxxxxxxxxxx 
  href="mailto:swingmachine@xxxxxxxxxxxxxxx";>swingmachine-list 
  Sent: Tuesday, January 07, 2003 9:45 
  AM
  Subject: [MedianLine] BobR's 1% 
  Moves
  
  I got interested in what Bob was showing and 
  wrote the little system
  which is included below ( .ela file 
  attached).
   
  Basically you can specify a percent change over n 
  bars as a trigger to
  trade in the direction of the change.  
  Because of the high risk I have
  included a stoploss facility and a take profit 
  ability.
   
  The attached picture clearly shows that  
  1%  is the magic figure.
   
  Have fun and let us know the results from 
  something other than SP.
   
  I did test the idea in the inverse direction and 
  that was horrible.
   
  Clyde
   
   { System:  Percent_Change   Author:  Clyde Lee, Copyright 2003, SYTECH Corporation           Permission to distribute is granted so long as           entire code and comments are distributed.  Purpose:  Test concept that an entry after an N% move           (close to close) over M bars will yield a profit.} Input: NBars(1),     {Number of bars over which to measure % change}       PercChng(1),  {Percent change minimum for entry             }       LossMult(0),  {MM stop loss from entry price -- multiplier  }                     {of ATR if length for ATR is specified.       }                     {Percent of price if ATR length is zero.      }       TakPMult(0),  {Take profit multiplier -- see above          }       LengATR(21);  {Length for ATR computation -- see above      } Vars:   ATRValu(0); {ATR value or close/100 for computation of stop/take profit}If LengATR>0   then ATRValu=AvgTrueRange(LengATR)  else ATRValu=C*.01; {Calculate % change over NBars bars}Value1=(c-C[NBars])/C*100;Value2=(c-C[NBars])/C*100;{Long trade maybe???}If Value1>=PercChng and Value1[1]<PercChng then begin  If MarketPosition<=0 then Buy  Next Bar at Open;End;{Short trade maybe???}If Value2<-PercChng and Value2[1]>-PercChng then begin  If MarketPosition>=0 then Sell Next Bar at Open;End;{Only worry about stop loss and take profit if in trade}If MarketPosition>0 then begin {Do stoploss if requested} If LossMult>0 then begin  Value5=ATRValu*LossMult;  If MarketPosition>0 then ExitLong  Next Bar at EntryPrice-Value5 Stop;  If MarketPosition<0 then ExitShort Next Bar at EntryPrice+Value5 Stop;  End; {Do takeprofit if requested} If TakPMult>0 then begin  Value5=ATRValu*TakPMult;  If MarketPosition>0 then ExitLong  Next Bar at EntryPrice+Value5 Limit;  If MarketPosition<0 then ExitShort Next Bar at EntryPrice-Value5 Limit;  End;End; 
   
  - - - - - - - - - - - - - - - - - - - - -  - 
  - - - - - -Clyde Lee   
  Chairman/CEO          (Home of 
  SwingMachine)SYTECH 
  Corporation          email: 
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  Westglen, Suite 105       
  Office:    (713) 783-9540Houston,  TX  
  77063               
  Fax:    (713) 783-1092Details 
  at:                      
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