hansba
6 posts
msg #40576
- Ignore hansba |
1/22/2006 2:12:43 AM
Hi,
I just signed up tonight and I'd like to get your advice on writing the following filter:
1. Subtract a 3 pd MA from a 10 pd MA (I believe it would APO(3,10)) to give the 3/10 oscillator
2. Then take a 16 pd MA of the 3/10 oscillator, which is called the trend line. This is where I run into trouble. How do you calcuate a calcuation of a calculation in SF?
3. Show all stocks where the trend line crosses from below the "zero" line (similar to a MACD view) to the positive area and then the 3/10 oscillator pulls back BELOW the zero line.
I hope I'm making sense here. I would be grateful for any advice.
Thanks,
Hans in Atlanta
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riggs
313 posts
msg #40579
- Ignore riggs |
1/22/2006 3:52:47 AM
Hans -
If anyone pulls this off, they'll get programmer of the year award. Those are some pretty stiff demands. Don't know how you get around the syntax with those parameters. "TRO", "Yepher".....anyone?
RIGGS
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MikeB60046
43 posts
msg #40580
- Ignore MikeB60046 |
1/22/2006 7:27:07 AM
Have you considered using MACD with your parameters (3,10,16)?
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traderbvis
3 posts
msg #40581
- Ignore traderbvis |
1/22/2006 7:54:57 AM
Not sure if I have this right, but is this close?
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sambinho
1 posts
msg #40582
- Ignore sambinho |
1/22/2006 8:48:11 AM
hansba,
I may be mistaken, but are you trying to construct this filter to work with SMR lines?
If so a Simple MACD 3, 10, 16 may be easier to construct.
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poindexter
21 posts
msg #40583
- Ignore poindexter |
1/22/2006 9:50:39 AM
If you are refering to Raschke's 3/10 oscillator, than I work with the following:
set{OSC, MA(3) - MA(10)}
and draw CMA(OSC,16)
It's a good momentum oscillator for swing trading.
The MACD uses EMAs insted of MAs so I don't think you'll get the same results.
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poindexter
21 posts
msg #40586
- Ignore poindexter |
1/22/2006 10:38:46 AM
this is the way I use it (as described in Connors and Raschke book "street smarts"):
The CMA(OSC,16) is the trend line.
This filter produces a lot of "noise" so pick up you trades carefuly.
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hansba
6 posts
msg #40587
- Ignore hansba |
1/22/2006 10:52:34 AM
Wow - thanks very much to all the replies. What a welcome!
Poindexter - you nailed it. Yes, I should have mentioned that I was trying to Linda Raschke's 3/10 setup from Street Smarts.
Another one I like in the book is the WR4 reversal, and the NR7 day. I'll take a stab at those, and if I run into any difficulty, I'll ask.
Thanks a million.
regards,
Hans (Atlanta, GA)
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hansba
6 posts
msg #40588
- Ignore hansba |
1/22/2006 11:00:01 AM
Poindexter,
I ran your query, and it did give results, but it also gave the following message:
Syntax Error: "and AE has been decreasing for the last 3 days"
I did a search for "AE" in the user's manual but it didn't turn up anything.
Please let me know your thoughts when you have a minute.
Thanks,
Hans (Atlanta, GA)
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hansba
6 posts
msg #40589
- Ignore hansba |
1/22/2006 11:11:05 AM
traderbvis,
I ran your query and it worked as well.
Unfortunately, the only charting program I have right now is www.livecharts.com and it won't plot the 3/10 oscillator with the trend line.
If anyone has any recommendations for a charting package that would chart the results out of "Street Smarts", please let me know (I believe Linda uses Tradestation and Aspen Graphics) but I'd like to know if there are less expensive alternatives.
regards,
Hans (Atlanta, GA)
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