maxxam80
108 posts
msg #46123
- Ignore maxxam80 |
7/31/2006 2:32:29 PM
ok TD sequential is one of the best indicators around
This may become a very profitable filter!!
here is the criteria I want:
13 price bars where each close is less than or equal to the low 2 price bars earlier,
The low of price bar 13 must be less than or equal to the close of price bar 8
please could someone develop the filter for this
regards
max (price between say 5 - 100 and avg vol 300000+
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maxxam80
108 posts
msg #46124
- Ignore maxxam80 |
7/31/2006 2:33:01 PM
oh and 1 price bar = 1 day
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nikoschopen
2,824 posts
msg #46126
- Ignore nikoschopen |
7/31/2006 4:29:33 PM
1) 13 price bars where each close is less than or equal to the low 2 price bars earlier:
set{cl2lo, count(close above low 2 days ago,1)}
set{lo2cl, 1 - cl2lo}
count(lo2cl above 0,12) equals 12
[Must "each" close be applied to such rigorous test? This makes the filter nearly useless because it's too restrictive.]
2) The low of price bar 13 must be less than or equal to the close of price bar 8:
set{cl5lo, count(low above close 5 days ago,1)}
set{lo5cl, 1 - cl5lo}
lo5cl above 0
[note: for brevity's sake, I consider "price bar 13" as today's price]
_________________
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maxxam80
108 posts
msg #46127
- Ignore maxxam80 |
7/31/2006 5:01:30 PM
cheers mate
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maxxam80
108 posts
msg #47586
- Ignore maxxam80 |
10/23/2006 6:30:50 AM
pop
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maxxam80
108 posts
msg #47587
- Ignore maxxam80 |
10/23/2006 7:19:07 AM
sorry the first criteria i posted isn't correct
if a pro could try and code this criteria |I would be very greatful,
plus you should takre a strong interest in it because if you buy on the 13 bar of td countdown (in any time frame) you have a 90% chance of reversal. TD sequential is what the big boy currency traders use in NYC and here in London, however only 3% of them are in the know about it. Anyway the criteria:
first
requirement is 9 consecutive
closes less than the close 4 bars ago
making sure that The lows of Bar 8 OR 9
of the above
need to be
below
the lows of Bars 6 AND 7
expect 1-4 bars correction sideways
or against the trend of the Setup
then for the second part
13 closes less than or equal to the low 2 bars ago
on number thirteen we want to buy buy buy or load the freakin boat as some say
if my criteria is unclear try:
www.forumfxcmfrancais.com/attachment.php?attachmentid=54&d=1147853742+td+countdown&hl=en&gl=uk&ct=clnk&cd=2
check out some of the charts on that link
Max
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maxxam80
108 posts
msg #47588
- Ignore maxxam80 |
10/23/2006 7:20:14 AM
if you have access to a bloombberg terminal then you have the indicator already and can scan for stocks at number 13
I don't unfortuently
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yaotiande
32 posts
msg #47591
- Ignore yaotiande |
10/23/2006 12:07:34 PM
First cut, see if you like it.
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maxxam80
108 posts
msg #47593
- Ignore maxxam80 |
10/23/2006 12:31:46 PM
hi i have a question
why did you put low is below low 3 bars ago when I stated 4?
is it to do with date offset?
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yaotiande
32 posts
msg #47594
- Ignore yaotiande |
10/23/2006 12:42:14 PM
I think I just misunderstood your intention. I'm not using date offset. enjoy
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