StockFetcher Forums · General Discussion · XIV<< 1 ... 10 11 12 13 14 ... 22 >>Post Follow-up
davesaint86
725 posts
msg #141354
Ignore davesaint86
1/25/2018 8:31:18 AM

I purchased dfen a few days ago. I'm sitting on a small gain. The DMA8 sell triggered yesterday. Pre-market dfen is up. This one is going sideways and can go either way.

Fetcher[
apply to symlist(dfen)


draw Bollinger Bands(18,2)
and draw Slow Stochastic(14,3) Fast %K line at 20.00 and draw Slow Stochastic(14,3) Fast %K line at 80.00
and draw Slow Stochastic(14,3) Fast %K line at 50.00
and draw Slow Stochastic(5,1) Fast %K line at 20.00 and draw Slow Stochastic(5,1) Fast %K line at 80.00 and draw Slow Stochastic(5,1) Fast %K line at 50.00
draw ma(18)
draw ma(100)

set{E3,dma(8,-5),8)-cma(DMA(8,-5),8) }
set{Longposition, count(E3 > 0,1)}
set{Shortposition, count(E3 < 0,1)}
SET{TRIGGER,0}
draw Longposition on plot
draw Shortposition on plot
set{sl-var, days(Longposition above Shortposition, 250)}
draw dma(8,-5),8)
draw cma(DMA(8,-5),8)
set{E6,weekly dma(8,-5),8)-weekly cma(DMA(8,-5),8) }
set{wLongposition, count(E6 > 0,1)}
set{wShortposition, count(E6 < 0,1)}
SET{wTRIGGER,0}



set{E9, close above ma(18)}
set{DLongposition, count(E9 > 0,1)}
set{DShortposition, count(E9 < 0,1)}
SET{DTRIGGER,0}
set{vmult, atr(10) * 1.5}
set{vstopu1a, low 5 day low + vmult}
set{vstopu2a, close + vmult}
set{vstop, min(vstopu1a 1 day ago,vstopu2a)}




set{var,ind(^vix,close)}
set{var1,ind(^vxv,close)}
set{ratio,var/var1}
add column sl-var
add column separator
add column vstop
add column separator
add column BBLongposition{BBSell}
add column separator
add column Longposition {DMA8}
add column separator

add column DLongposition {MA18}
add column separator
add column wLongposition {wdma8}

add column separator
ADD COLUMN ROC(126,1) {6 mth %}
add column separator
ADD COLUMN ROC(63,1) {3 mth %}
add column separator
ADD COLUMN ROC(21,1) {1 mth %}
add column separator
add column C-RS
add column separator
add column Upper Bollinger Bands(18.2) {Up-BB}
add column separator
add column lower Bollinger Bands(18.2) {Low-BB}

add column separator
add column atr(21) {Atr}
add column separator
add column average day range (21){ADR%}


do not draw MACD(12,26)
do not drawn line 0
do not draw MA(250)
do not draw MA(50)
do not draw EMA(250)

SORT COLUMN 45 DESCENDING
chart-time is 75 days

]



nibor100
1,032 posts
msg #141362
Ignore nibor100
1/25/2018 1:10:58 PM

@davesaint86,

A couple of questions about your filters from this thread if you don't mind:

1. Are you as surprised as I am that SF syntax checker doesn't stop your filter from running due to the following snippets?

set{E3,"dma(8,-5),8)"

draw "dma(8,-5),8)"

2. You've set several "TRIGGER"s to 0, but I don't comprehend their purpose in the filters.

Thanks,
Ed S.

davesaint86
725 posts
msg #141363
Ignore davesaint86
modified
1/25/2018 1:21:33 PM

Ed,

To you first question the answer is No since as far as I know displaced moving averages are supported by SF. To answer your second question as far as I know the Trigger is 0 in this filter can be deleted. Sometimes playing around with other filters I add syntax from several filters that is not needed. So in essence the Trigger piece was put in this filter by accident.



Mactheriverrat
3,156 posts
msg #141367
Ignore Mactheriverrat
1/25/2018 2:31:07 PM

XIV
Yesterdays cross has since disappeared


Mactheriverrat
3,156 posts
msg #141370
Ignore Mactheriverrat
1/25/2018 2:41:05 PM

Studying to see how dma(8,-5),8) and cma(DMA(8,-5),8) react when both finally appear above the group of averages using the ema(9) to the ema(16). To see if the change in short term trends are confirmed by dma(8,-5),8) and cma(DMA(8,-5),8) above those averages.



davesaint86
725 posts
msg #141377
Ignore davesaint86
modified
1/25/2018 3:37:12 PM

Mach - From the book that Four posted as a .pdf. One of the benefits why DMA are used is that they keep you from being whipsawed.

DISPLACED MOVING AVERAGES
Displacing a Moving Average forward in time offers several significant advantages to the
trader.
1. It lets you know what the Trend delineation point or price number will be "N" number
of periods ahead of time. Knowing where this point is, ahead of time, helps you to plan
your market strategy.
2. By using the "proper" number of periods for calculation of the Moving Average and the
"proper" displacement amount, DMAs tend to reduce whipsaws and "cup" or contain
market action in ways that are very helpful to traders.
3. Certain DMAs are extremely useful in defining patterns, as shown in CHAPTER 6,
Directional Indicators.
After many years of research spent selecting the proper length and displacement amount, I
have arrived at three DMAs. They are:
- The 3 period simple Moving Average of the close, displaced forward three periods.
- The 7 period simple Moving Average of the close, displaced forward five periods.
- The 25 period simple Moving Average of the close, displaced forward five periods.
For brevity, they will be shown as follows:
3X3
7X5
25X5
I've answered hundreds of questions on the subject. Since the same questions come up time and again, I think it would be useful to review them.

What do you mean by "displaced forward in time" and how does this help reduce
whipsaws?
Rather than plotting a given Moving Average, calculated today, on today's date, you
simply plot the identical value at a different, later date, hence the term "displaced." The
displacement is on the time axis, not the price axis. For the visual learners among you, the
arrow in the following chart shows that the same Moving Average is simply placed
forward in time. All calculations remain identical. For the mathematical types, Appendix
A contains a table showing the calculations and where the respective values are placed.

You do not use Displaced Moving Averages on intraday charts. Why not? Don't they
work?


davesaint86
725 posts
msg #141385
Ignore davesaint86
1/25/2018 4:08:57 PM

Mach - based on your Guppy/DMA visual it looks like we might be 1-3 days too early. I remember the other chart you posted (Wynn I think) it gave an early signal but then took off.

Mactheriverrat
3,156 posts
msg #141396
Ignore Mactheriverrat
1/25/2018 7:16:22 PM

Here's WYNN with cma(DMA(8,-5),8) > eMA(9) one day after a longpositon cross


nibor100
1,032 posts
msg #141401
Ignore nibor100
1/26/2018 2:40:14 AM

It appears to me that the 2 statements below seem to be improper SF syntax due to the ",8)" at their end:

set{E3,"dma(8,-5),8)"

draw "dma(8,-5),8)"

a. There would appear to be an open parentheses missing and according to SF indicators below is the syntax for the DMA:

"Displaced Moving Average / DMA
Parameters Period
Displacement
Usage DMA(25,5)
DMA(50,-8)"

so I don't understand what the purpose is for the ",8)" nor why it isn't producing a syntax error and stopping filter execution. (normally the smallest syntax error stops a filter cold!)

b. Looking at the posted charts SF never actually draws a "dma(8,-5),8)'.but it does draw the DMA(8,-5) which is what I believe everyone actually wants to see.

Another SF oddity,
Ed S.

davesaint86
725 posts
msg #141404
Ignore davesaint86
1/26/2018 8:29:45 AM

Ed - I don't know. You may be right. Maybe Four can answer this question.

StockFetcher Forums · General Discussion · XIV<< 1 ... 10 11 12 13 14 ... 22 >>Post Follow-up

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