| StockFetcher Forums · Filter Exchange · Almost got my TMF filter working but need one more thing fixed. Help please. | << 1 2 >>Post Follow-up |
| pa247 143 posts msg #148043 - Ignore pa247 modified |
6/4/2019 4:13:31 PM So this is the Twiggs Money Flow filter that Ive been working on as my first project to try and learn SF. I think Ive almost got it except for the last 2 bits I need. here is the code and a chart that explains where its not working the way I think it should. Any help is appreciated! If you look at this chart you can see where its not correct.  |
| mahkoh 1,065 posts msg #148053 - Ignore mahkoh |
6/5/2019 3:03:03 PM I think you should use: /* Calculate Highest High (HH) and Lowest Low (LL) LL = minimum(current low or previous close) HH = maximum(current High or previous close) */ set{LL, min(low, close 1 day ago)} set{HH, max(high, close 1 day ago)} You don't want to use R1 as variable name, that is already hardcoded to pivot r1: /* calculate Range = (Close - LL) / (HH - LL) * 2 - 1 ) */ set{RB1, Close - LL} set{RB2, HH - LL} set{RB3, RB1 / RB2} set{RB4, RB3 * 2} set{RB5, RB4 - 1} /* R5 = Range */ /* Calculate Range Volume RangeV = EMA (Volume * Range) */ set{range1, volume * RB5} set{rangeV, CEMA(range1,21)} So this is what I get, I have to leave out the last line to not run in economy class restrictions |
| Mactheriverrat 3,153 posts msg #148054 - Ignore Mactheriverrat modified |
6/5/2019 3:44:03 PM Have you ever looked from a weekly chart standpoint and just the ema13 chart-display is weekly  |
| graftonian 1,089 posts msg #148056 - Ignore graftonian modified |
6/5/2019 4:26:00 PM After a qick "once over", I only see one problem, that being the use of variable name "R1" Affter replacing the R variables with xR, I believe your filter is behaving nicely Try: TMF crossed above tmfsignal TMF > .001 sort on column 5 descending |
| ron22 255 posts msg #148059 - Ignore ron22 |
6/5/2019 5:11:44 PM Mac, Weekly ema(13) looks interesting. What do you suggest for an exit trigger? |
| pa247 143 posts msg #148063 - Ignore pa247 |
6/6/2019 12:55:02 PM @mahkoh - thank you for the R1 being the pivot symbol. Didnt realize that. @mac - I havent tried the wwekly ema(13) but will definitely look at it. @graftonian - thank you help with the R1 also. I tried how you suggested but it still isnt coming out right. what Im trying to do is get a signal when tmf first crosses the zero line from below .....And.... then get a confirmation signal from tmfsignal when it also crosses the zero line from below, usually a few days later. Ive also tried tmf crossed above 0.001 3 days ago ........ and ..... tmf crossed above 0.001 from below 3 days ago set{tmfsignal, CEMA(tmf,21)} tmfsignal crossed above 0.0001 2 days ago ....... and ........ TMFsignal crossed above tmf 1 day ago sort on column 5 descending |
| Mactheriverrat 3,153 posts msg #148066 - Ignore Mactheriverrat |
6/6/2019 2:06:31 PM @ron failure of the ema13 would be a good exit. "Stan Weinstein's Secrets For Profiting in Bull and Bear Markets" suggests using the MA(30) or the wma30 on weekly charts. Just started reading his book in chapter 3 so far. I've been messing around with weekly charts for a couple of months and came across his book. https://www.amazon.com/Stan-Weinsteins-Secrets-Profiting-Markets/dp/1556236832/ref=cm_cr_arp_d_product_top?ie=UTF8 Here is a video on weekly charts using the ma(30). |
| ron22 255 posts msg #148069 - Ignore ron22 |
6/6/2019 8:16:08 PM Mac, Thank you for the exit signal and the ma(30) video. Also, thanks for all your informative posts and filters. I am always trying to learn to be a better trader. |
| Mactheriverrat 3,153 posts msg #148070 - Ignore Mactheriverrat |
6/6/2019 8:52:04 PM Your Welcome- I'm always looking at other system setups too! |
| bushynose 22 posts msg #148073 - Ignore bushynose modified |
6/7/2019 12:03:42 AM pa247 maybe you should use within the last X days? |
| StockFetcher Forums · Filter Exchange · Almost got my TMF filter working but need one more thing fixed. Help please. | << 1 2 >>Post Follow-up |