glgene
616 posts
msg #114738
- Ignore glgene |
8/4/2013 12:05:09 AM
I'm fairly new with FreeStockCharts.com, and my SF script writing is limited (at this point).
I'm trying to create the Elder Bull signal (from Dr. Alexander Elder's book, Trading for a Living, 1993).
Pages 220-227 in Elder's book addresses Bull Power and Bear Power. For right now, I'm trying to synch the Bull Power component between Stock Fetcher and FreeStockCharts.com...and I have done so (in a crude way):
For end-of-day 8/2/2013, I get the same "Bull" number of 1.20 in both softwares (stock symbol VTI, daily chart). But I don't know how (in SF) to get the weekly chart number of 3.47 as shown on FreeStockCharts.com
Any help with the SF script would be appreciated. Need to get a result of 3.47 in weekly SF, end-of-day 8/2/2013.
Thanks.
Gene
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SAFeTRADE
646 posts
msg #114739
- Ignore SAFeTRADE |
8/4/2013 6:58:22 AM
I believe this does it.
Clarence
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pirate67
99 posts
msg #114740
- Ignore pirate67 |
8/4/2013 9:58:53 AM
You might want to search for past postings using these key words: Triple Screen, Chetron, Riggs.
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glgene
616 posts
msg #114741
- Ignore glgene |
8/4/2013 10:05:56 AM
Thanks, SafeTrade...You found the answer I needed on weekly output. Shown below is my final script. Now to figure out how to correctly interpret it (Bull vs. Bear info). Pirate67...I will look up Triple Screens.
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four
5,087 posts
msg #114742
- Ignore four
modified |
8/4/2013 1:33:52 PM
perhaps...
https://mahifx.com/indicators/elder-ray-bull-and-bear-power-oscillators
http://www.dailyfx.com/forex_forum/coding-strategy-advisors-indicators-functions/239223-elder-ray-bear-bull-power.html
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glgene
616 posts
msg #114745
- Ignore glgene |
8/4/2013 5:23:50 PM
How do I get my Bull and Bear lines to draw as histograms?
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glgene
616 posts
msg #114746
- Ignore glgene |
8/4/2013 6:36:11 PM
Support at Stockfetcher gave me this 2-line addition to my latest script, to convert the line chart to a histogram on Bull and Bear. Insert after the line, "sort on column 9 descending."
plottype{bull,zerobar}
plottype{bear,zerobar}
Thanks, SF!
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glgene
616 posts
msg #114747
- Ignore glgene |
8/4/2013 9:29:38 PM
Thanks, four, for your 2 reference articles. I read those, and a couple more. Good material.
Gene
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jhoffmann
10 posts
msg #114810
- Ignore jhoffmann |
8/8/2013 5:21:02 PM
Seek and you shall find.
BullPower_BearPower_WSG
show stocks where close is above 40
60 day slope of close is above 0
Do not draw 60 day slope of close
draw EMA(13)
Set{Bullpower, high minus ema(13)}
Set{Bearpower, low minus ema(13)}
set{BLb,days(BullPower is above BullPower 1 day ago,100)}
set{BLa,days(BullPower is below BullPower 1 day ago,100)}
set{BLxBL, BLa - BLb}
set{BRb,days(BearPower is above BearPower 1 day ago,100)}
set{BRa,days(BearPower is below BearPower 1 day ago,100)}
set{BRxBR, BRa - BRb}
Bullpower has been decreasing the last 1 day
Bearpower has been increasing the last 1 day
Bearpower is below 0
Draw Bullpower
Draw Bearpower
add column BLxBL
add column BRxBR
Force Index(2)is increasing
average volume(90)is above 100000
volume is above 100000
sort column 3 DESCENDING
/* NORMALIZE accumulation distribution */
set{adval, INDPOSITION(accumulation distribution, 60) * 100 }
/* NORMALIZE momentum(12) */
set{moval, INDPOSITION(momentum(12), 60) * 100}
/* NORMALIZE CCI(14) */
set{ccval, INDPOSITION(CCI(14), 60) * 100 }
/* NORMALIZE williams %r(10) */
set{wrval, INDPOSITION(williams %r(10), 60) * 100 }
/* DRAW THE MP CCIWLR CHART */
and draw wrval
and draw adval on plot wrval
and draw moval on plot wrval
and draw ccval on plot wrval
add column adval
add column ccval
add column moval
add column wrval
adval is Above 80
ccval is Below 30
moval is Below 30
wrval is Below 30
ccval has been increasing 1-day
adval has been increasing 1-day
wrval has been increasing 1-day
moval has been increasing 1-day
wrval is below 50
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boston
58 posts
msg #114819
- Ignore boston |
8/9/2013 11:14:39 AM
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