stocktrader 294 posts msg #56681 - Ignore stocktrader |
11/11/2007 11:51:04 PM
All great stuff guys.
Woke me up talking about all this higher math.
Plan the trade, trade the plan.
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SAFeTRADE 646 posts msg #56693 - Ignore SAFeTRADE |
11/12/2007 9:40:00 AM
I had the math reversed on the 22 and 67 degree angles, They are now fixed.
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lorypanna 19 posts msg #160432 - Ignore lorypanna |
7/20/2023 12:23:35 PM
After almost 16 years ...
First of all, sorry for my poor English, I'm from Italy and I know I have to improve it ... So many things to improve in this life ...
Looked this post after an asnwer from SAFeTrade to my question in post https://www.stockfetcher.com/forums/Filter-Exchange/For-those-of-us-who-like-a-quick-3-to-5-day-move-in-the-mark/160423
I'm just a beginner, trying in first place to understand the logic behind some filters I find interseting. I still cannot understand how use them in trading, but that is not my objective for now.
This said, the question(s):
- In the stocktrader posts/filters I see 3 multipliers of the % variation of close vs open[-x]: 1/0.02238 when x=3; 1/0.0378 when x=5; 1/0.1709 when x=21. If I understand well, these multipliers mean: on a 3 periods, an agle of 45° results when the % variation of close vs open[-2] is 2,238%; on a 5 periods, when it is 3,78%; on a 21 periods, when it is 17,09%
- Do I understand well? If it's possible to know, how are these values obtained and which is the general formula for N periods? I tried the proportion based on x but it doesn't seem to work
Thanks in advance for any help, if any. Have a nice day
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SAFeTRADE 646 posts msg #160434 - Ignore SAFeTRADE |
7/20/2023 4:37:38 PM
That question should be driected to Stocktader if he is still here. I cannot answer that.
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stocktrader 294 posts msg #160521 - Ignore stocktrader |
8/24/2023 8:12:19 PM
16 years…..been that long already? Still here. You’ve almost answered your own question. Remember, this is trigonometry. The key is the chart length in this filter. From there, can figure out where those decimal numbers come from. Still using this filter today as one part part of my binary multi-filter array. Best regards.
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lorypanna 19 posts msg #160531 - Ignore lorypanna |
8/27/2023 4:46:46 PM
Thanks @stocktrader for your answer
I'll try to understand how you define the 'constant' used in the adjacent calculation ...
Cheers from Italy
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