chetron 2,817 posts msg #62905 - Ignore chetron modified |
5/21/2008 4:43:54 PM
i was using what SF calls out for in the Help. it says to use some type of length.
your version would produce this.
ultimately this filter is to satisfy WSG's needs. please use which fits.
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WALLSTREETGENIUS 983 posts msg #62907 - Ignore WALLSTREETGENIUS modified |
5/21/2008 5:56:47 PM
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nikoschopen 2,824 posts msg #62908 - Ignore nikoschopen |
5/21/2008 6:02:09 PM
I ain't too sure that the above filter is identical to the previous one since each spits out different numbers.
One more thing is that when you plot "dmaval" on MACD as you've done in both filters, ure really plotting the DMA of price on the MACD. As I understand it, it should be the DMA of the MACD, no?
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WALLSTREETGENIUS 983 posts msg #62909 - Ignore WALLSTREETGENIUS modified |
5/21/2008 6:18:02 PM
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nikoschopen 2,824 posts msg #62912 - Ignore nikoschopen |
5/21/2008 7:53:21 PM
IndPosition |
| Parameters | Indicator Length | | Usage | indposition(indicator,length)td> | | Description | This measure returns the current position of an indicator with respect to the min and max of the measure over the specified number of days.The value returned will be between 0 and 1. Values closer to 0 indicate the measure is closer to the lower bound in the given period of time. Values closer to 1 indicator the current value of the measure is closer to making a high over the specified period of time. | | Examples | |
What the "IndPosition" does is to find the highest and the lowest point of the range that you specify. In ure case, the range is 60 days. In that range, the highest value would be assigned a value of 1 and the lowest 0. Suppose, within the last 60 days, MACD had a high of 95 and the low of 5. The 95 would then be "normalized" to 1 and 5 to 0. Hence, a reading of 75 would be 0.7894 (75 divided by 95).
The main difference between INDPOSITION(DMA(28,-14),60) and indposition(macd(15,60) histogram,60) is that one uses DMA(28,-14) and the other uses MACD as the indicator.
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alf44 2,025 posts msg #62922 - Ignore alf44 modified |
5/21/2008 11:21:27 PM
"Nobody on this site knows more about the MACD-H than I do. Maybe AS well, but certainly not better. "
------------------------------------------------------
Welcome back, Riggs !!!
I had actually forgotten how full of it you really are !!!
Sheeesh !!!
ROFL !!!
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WALLSTREETGENIUS 983 posts msg #62924 - Ignore WALLSTREETGENIUS modified |
5/22/2008 12:32:24 AM
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nikoschopen 2,824 posts msg #62927 - Ignore nikoschopen |
5/22/2008 1:54:15 AM
I would like to add my own worthless 2-cents in that I don't deserve the honor of being the "best" of anything (except as a daytrader notwithstanding). I just like to take the challenge and pick on other's brain. But thanks all the same.
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TheRumpledOne 6,411 posts msg #62938 - Ignore TheRumpledOne modified |
5/22/2008 9:39:51 AM
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WALLSTREETGENIUS 983 posts msg #62974 - Ignore WALLSTREETGENIUS modified |
5/22/2008 5:17:36 PM
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