Technical Indicators Do they Assist ?

kenneth · #**101** 11th December 2007, 12:27 AM

Quote:

Originally Posted by beginner_av

4. Can you look at a days action and tell me what was the level of buying and seeling at different prices. whether large amounts were sold at the high and then it came down, or first it came down and then large amounts were bought at the low and then it went up? you can do this by looking at the tick data with volume, or by using AD/Money Flow in one go or proprietary calculation that I do (many many others do too). in the first case you are making note yourself, keep adding/subtracting volume for each tick etc. in the second case the same data is mathematically manipulated to give the snapshot in an instant. look at CV's blog and u'll see how volume bars print instead of normal prepackaged ones.
all your comments are welcome.

Dear BAV

Could you tell if your proprietary calculations have any similarity to Profitunity Windows and also could you please give the link to CV'S blog

Regards
ken

Saint · #**102** 11th December 2007, 12:45 AM

Quote:

Originally Posted by kenneth

Dear BAV

Could you tell if your proprietary calculations have any similarity to Profitunity Windows and also could you please give the link to CV'S blog

Regards
ken

Ken,

CV's blog ....... http://epiktetos13.blogspot.com/

All the best!
Saint

jdm · #**103** 11th December 2007, 09:53 AM

Quote:

Originally Posted by uasish

Here is a nice healthy discussion going on but could not resist myself laughing in the following statement of Joydeep :=

" in the market, money is inversely propotional to intellect/knowledge"

How many times we tend to relate 'Smartness' with our Winning trades

(As i loose many a time hence my mother still believes me to be a Dumb Fool.

)

lol .... asishda,

its not about the winning trades. its about the end result. here ppl are popping up individual trades (winning ofcourse) now and then. but never the complete story.

p.s. - you and i seems to have a common thing about that Dumb Fool issue

uasish · #**104** 11th December 2007, 10:11 AM

Here is a nice healthy discussion going on but could not resist myself laughing in the following statement of Joydeep :=

" in the market, money is inversely propotional to intellect/knowledge"

How many times we tend to relate 'Smartness' with our Winning trades

(As i loose many a time hence my mother still believes me to be a Dumb Fool.

)

kkseal · #**105** 11th December 2007, 02:04 PM

A question about a common indicator :-

The TIME SERIES FORECAST - it's pre-packaged in most TA s/w-s. But what i want to clarify is the method of calculation.

As far as my understanding goes the TSF plots the end-points of a linear reg trendline and adds the linear reg slope to it. So apparently if i want to cut out the slope and just plot the linear reg endpoints all i have to do is subtract the LinRegSlope from the TSF. But i'm a bit confused by the mention at most websites (including Paritech which gives the builds of MS indicators) that the TSF indicator plots the ending values of multiple Linear Regression trendlines, whereas what i want is the end-points for just the specified period (i.e. single not multiple).

Requesting knowledgeable members to throw some light on the same.

Regards,
Kalyan.

kkseal · #**106** 11th December 2007, 02:26 PM

Another one whose method of calculation i'd like to know :-

The RANDOM WALK INDEX - in-built in Ami 4.9. It uses a Min Period (default-9) and Max Period (default-40). The RWI in Ami is calculated from a RWI of High & a RWI of Low.

I'd like to know how exactly are these MIN & MAX periods used in the calculation.

Regards,
Kalyan.

kkseal · #**107** 11th December 2007, 02:49 PM

Also soliciting your valued opinion on the following unconventional form of the Beta :-

The formula :
MyBeta = R-Squared * (n-period StdDev of stk)/(n-period StdDev of Index/Reference)

Too simple for comfort perhaps

but the good thing about it is that the R2 is incorporated in the formula itself and do not need to be referenced separately.

Historical Volatality can also be used instead of plain-jane Std Dev and perhaps even the RWI (but apprehensive of using the latter as do not fully understand the construction).

Regards,
Kalyan.

Saint · #**108** 11th December 2007, 02:52 PM

Quote:

Originally Posted by uasish

Here is a nice healthy discussion going on but could not resist myself laughing in the following statement of Joydeep :=

" in the market, money is inversely propotional to intellect/knowledge"

How many times we tend to relate 'Smartness' with our Winning trades

(As i loose many a time hence my mother still believes me to be a Dumb Fool. )

Some spectacular posts in this thread.....great stuff,guys!!

Sign me up for the Dumb Fool category as well(especially after reading the last 3 posts from kalyan

)

Keep em coming,everyone!!Nice!

Saint

pankzzster · #**109** 11th December 2007, 04:19 PM

hi
im holding 100 HPCL @ 313 .........bought on exposure............so i can hold only till coming friday. should i hold for next 2 days or exit?
wat do u expect from HPCL in next 2 trading sessions?

kkseal · #**110** 11th December 2007, 07:44 PM

Quote:

Originally Posted by Saint

Some spectacular posts in this thread.....great stuff,guys!!

Sign me up for the Dumb Fool category as well(especially after reading the last 3 posts from kalyan

)

Keep em coming,everyone!!Nice!

Saint

Oh no, dear Saint I'm pretty much a Dumb Fool myself. (Fortunate to be in a 'dumb fool' mkt where the proverbial tide raises all boats) Don't quite gather as much as i grope. Just trying to ensure that if & when i fail, my self cannot accuse me of not having tried hard enough (and also learning about humility from the likes of yourself & Asishda. Traders need to be humble, right?

).

Regards,
Kalyan.

Similar Threads for: Technical Indicators Do they Assist ?
Thread	Thread Starter	Forum	Replies	Last Post
Free Technical Indicators & Plugins for Metastock & Amibroker	softtouch	Software	7	9th July 2008 10:15 AM
"Technical Indicators" For Traderji & seniors	tech.know	Technical Analysis	4	26th June 2006 10:02 PM
Query-Technical Indicators-Which is best?	manavadi	Technical Analysis	5	13th May 2006 12:35 AM
How-to articles on technical indicators and charts	Debraj	Trading Resources	2	25th February 2006 07:49 PM
Fact Finding on Indian Derivatives. Pls someone assist me here.	rishi	Introductions	3	21st February 2006 07:52 PM