StockFetcher Forums · View by Author: (27 messages)  [ Display By: Date / Subject ]<< 1 2 3 >> 
General Discussion · 5 day median
ronun
msg #79159
9/14/2009 3:13:43 AM

Trying to calculate the 5 day median of the high + low.
This doesn't work:

set {range, high + low}
set {range1, high 1 day ago + low 1 day ago}
set {range2, high 2 days ago + low 2 days ago}
set {range3, high 3 days ago + low 3 days ago}
set {range4, high 4 days ago + low 4 days ago}
set {total, range + range1 + range2 + range3 + range4}
set {floatingaxis, total / 10}

I'm trying to implement the equations for the value charts described in the book "Dynamic Trading Indicators."
I've struggled with this problem for quite a while so any help is appreciated.

General Discussion · 5 day median
ronun
msg #79349
9/16/2009 2:23:29 AM

Chetron and Cacher - Thank you both for your help. I was able to finish programming the indicators.
I had struggled with the "SUM" function withoutsuccess. I have a tough time debugging Fetcher filters. It seems to require a trial and error approach. I expect it will become easier with experience.

General Discussion · 5 day median
ronun
msg #79452
9/17/2009 5:40:01 AM

The equations described in "Dynamic Trading Indicators" convert the daily price range into a normal distribution (bell curve)of daily stock prices. Not an easy read, in my opinion. This enables a trader to observe when price reaches 2 or 3 sigma price extremes. I expect to use this to confirm MACD/price divergence.

This wil describe the basics of the book although no figures are included:
http://www.freshpatents.com/-dt20090827ptan20090216684.php?type=description

I believe you need the book to dig out the details but the esentials are there.

If you want to buy the book:
http://www.amazon.com/Dynamic-Trading-Indicators-Winning-Profile/dp/0471215570/ref=ntt_at_ep_dpt_1

Found a cheaper price:
http://fxebooks.net/mark-helweg-david-stendahl-dynamic-trading-indicators-winning-with-value-charts-and-price-action-profile-p-12.html

This shows a sample with the value chart display:
http://www.traderslaboratory.com/forums/f46/value-chart-indicator-3393.html

Apparently StockFetcher doesn't accept hyperlinks so you'll have to copy and paste. Sorry

ronun






General Discussion · 5 day median
ronun
msg #79752
9/21/2009 4:18:11 AM

Cacher, Chetron, Kevin_in_GA

I finally worked out the bugs in the Value Charts from the book "Dynamic Trading Indicators." I haven't figured out how to make it clickable.

/* Calculate FLOATING AXIS*/
SET{VAR1,HIGH + LOW}
SET{VAR2,SUM(VAR1,5)}
SET{FLOATINGAXIS,VAR2 / 10}
AND ADD COLUMN FLOATINGAXIS

/*Calculate VOLITILITY UNIT*/
SET{DIFF1,HIGH - LOW}
SET{DIFF2,SUM(DIFF1,5)}
SET{VOLITILITYUNIT,DIFF2 / 25}
AND ADD COLUMN VOLITILITYUNIT

/*Calculate VALUE CHART HIGH*/
SET{VALUEHI,HIGH - FLOATINGAXIS}
SET{VALUECHARTHIGH,VALUEHI / VOLITILITYUNIT}

AND DRAW VALUECHARTHIGH
AND DRAW VALUECHARTHIGH LINE AT 4
AND DRAW VALUECHARTHIGH LINE AT 8

/*Calculate VALUE CHART LOW*/
SET{VALUELO,LOW - FLOATINGAXIS}
SET{VALUECHARTLOW,VALUELO / VOLITILITYUNIT}

AND DRAW VALUECHARTLOW
AND DRAW VALUECHARTLOW LINE AT -4
AND DRAW VALUECHARTLOW LINE AT -8

AND ADD COLUMN HIGH
AND ADD COLUMN LOW
AND ADD COLUMN VALUECHARTHIGH
AND ADD COLUMN VALUECHARTLOW

SHOW STOCKS WHERE VALUECHARTLOW IS BELOW -8
SHOW STOCKS WHERE CLOSE IS BETWEEN 1 AND 300
AND AVERAGE VOLUME(30) IS ABOVE 100000

Kevin_in_GA, the buy/sell signals generated are largely in agreement with your Bollinger(16,2.5) entries, although I think Bollinger(16,2) fits better. Let me know how it works for you.


Filter Exchange · BOLLINGER BAND TRADING STRATEGY
ronun
msg #79753
9/21/2009 5:24:16 AM

Kevin_in_GA,
Nice work on your Bollinger(16,2.5) filter. It seems to match up with many of the Value Chart trading signals from "Dynamic Trading Indicators." Take a look:

* Calculate FLOATING AXIS*/
SET{VAR1,HIGH + LOW}
SET{VAR2,SUM(VAR1,5)}
SET{FLOATINGAXIS,VAR2 / 10}
AND ADD COLUMN FLOATINGAXIS

/*Calculate VOLITILITY UNIT*/
SET{DIFF1,HIGH - LOW}
SET{DIFF2,SUM(DIFF1,5)}
SET{VOLITILITYUNIT,DIFF2 / 25}
AND ADD COLUMN VOLITILITYUNIT

/*Calculate VALUE CHART HIGH*/
SET{VALUEHI,HIGH - FLOATINGAXIS}
SET{VALUECHARTHIGH,VALUEHI / VOLITILITYUNIT}

AND DRAW VALUECHARTHIGH
AND DRAW VALUECHARTHIGH LINE AT 4
AND DRAW VALUECHARTHIGH LINE AT 8

/*Calculate VALUE CHART LOW*/
SET{VALUELO,LOW - FLOATINGAXIS}
SET{VALUECHARTLOW,VALUELO / VOLITILITYUNIT}

AND DRAW VALUECHARTLOW
AND DRAW VALUECHARTLOW LINE AT -4
AND DRAW VALUECHARTLOW LINE AT -8

AND ADD COLUMN HIGH
AND ADD COLUMN LOW
AND ADD COLUMN VALUECHARTHIGH
AND ADD COLUMN VALUECHARTLOW

SHOW STOCKS WHERE VALUECHARTLOW IS BELOW -8
SHOW STOCKS WHERE CLOSE IS BETWEEN 1 AND 300
AND AVERAGE VOLUME(30) IS ABOVE 100000


Sorry, I haven't figured out how to make it clickable.

ronun

Filter Exchange · BOLLINGER BAND TRADING STRATEGY
ronun
msg #80027
9/24/2009 7:23:08 PM

Kevin,
I've been following your Bollinger(16,2.5) filter as it is similar to the system I follow, i.e., seeks to identify extreme price moves. Let me offer some ideas on how I use trading entry and exits.

1st, when my filter identifies a stock, I wait for Slow Stochastic(7,3) %K to go below 25 before it crosses above the %D (trigger line). So far this hasn't helped my entry on STEC (bought in Sept. 22 at $31) but this provides a logical stop loss below the recent low. I think of it as a form of insurance. We'll see how this plays out tomorrow.

2nd, I try to line up with the fundamentals by checking out a couple of sites:
http://www.nasdaq.com/earnings/analyst_summary.asp?symbol=STEC&symbol=GLW&selected=STEC
http://moneycentral.msn.com/investor/StockRating/srsmain.asp?symbol=stec

I appreciate your sharing your work. Also your taking the time to pass along the IBD top stocks list.

ronun





Filter Exchange · BOLLINGER BAND TRADING STRATEGY
ronun
msg #80029
9/24/2009 7:38:05 PM

kmcninvest
I agree with your stopped clock description of Cramer but but I watch him for entertainment value (he's almost as funny as Seinfeld). Sometimes he comes up with a good idea which I check out before plutting any money on it. My wife can't stand him so it's a good thing we have 2 TV's. It was interesting to google his recommendations record.

ronun

Filter Exchange · BOLLINGER BAND TRADING STRATEGY
ronun
msg #80192
9/27/2009 11:32:26 PM

kmcninvest
I came across this last nite, thought might interest you.
http://seekingalpha.com/article/163591-stec-buying-opportunity-competitive-concerns-are-overblown

ronun

Filter Exchange · BOLLINGER BAND TRADING STRATEGY
ronun
msg #81423
10/20/2009 6:07:36 AM

Kevin

Here are the Standard & Poors and MSN top stocks (as of 10/16/09) you might want to add to your watch list:

Standard & Poors Five -Star Stocks (max rating)
FIVE STAR
adct ahl amat amt apa arrs aste auo avt bac bmy bucy cbl cci celg ceo chd chrw chs cl coh cop csc cvs cvx d dfs dpl dpz wog esrx ew fast fdo flex fls fpl gigm gild gis glf gme gpc gpn hme hon hpq ibm itt jec jpm kmp ko len life lltc mcd mchp mck mfe mhs mo mth mtw mtl ne nyb odfl oke osk plxs ppg ptr rdy rig rnow sjm sni spg sre stt t tcb ter teva tol tot trmk trv twc ua udr uri usg vrsn vrtx win wmt wsh xom

MSN 10 rating stocks (max)
MSN
accl adpi agnc ais algn amx anw apc api arex arun atw au baby bap becn bke bmrn bre bvn cf cfk cfnb cfsg cisg clda cnbka cnq cnqr coh colm coms cpa cpwr csx ctrp ctsh cymi dlr do dps driv dtpi dvn ebay eca eclp egn ego eig elx emn endp enh eog eqix erts esio esl ess fds fire fpu gco ge gg glf grmn gvp hcp hifs hls hmy hoc igoi isrg jbt jmp jnpr jst keyn knot lgcy lmat lps lrcx lsi lwsn mhp mir mlr mtz myl nbl ncmi ned netl neu nktr nrgp nsc nstc nuan nwsa nxy nymt ocn oln opnt osg pcti pdli pgh pjc pkg plx powi powl ppdi psem pti ptv pxd rnow rpm rrc rx sbs scl se sepr sfsf sgp skx sph tcx ter tga tho tibx tlm ts twtc udr uil ulti unf v vasc vocs vrsn vrx vsat vsec wpp wts wxs wy xto yhoo zmh

Appreciate your sharing

ronun

Filter Exchange · BOLLINGER BAND TRADING STRATEGY
ronun
msg #81456
10/20/2009 6:26:21 PM

dm1518

A good place to check the S & P 500 trend is Bulkowski"s site. Plus there is other worthwhile info.

http://thepatternsite.com/Indicator.html

ronun



StockFetcher Forums ·  · << 1 2 3 >>

*** Disclaimer *** StockFetcher.com does not endorse or suggest any of the securities which are returned in any of the searches or filters. They are provided purely for informational and research purposes. StockFetcher.com does not recommend particular securities. StockFetcher.com, Vestyl Software, L.L.C. and involved content providers shall not be liable for any errors or delays in the content, or for any actions taken based on the content.


Copyright 2018 - Vestyl Software L.L.C.Terms of Service | License | Questions or comments? Contact Us
EOD Data sources: DDFPlus & CSI Data Quotes delayed during active market hours. Delay times are at least 15 mins for NASDAQ, 20 mins for NYSE and Amex. Delayed intraday data provided by DDFPlus


This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.