H index

razkevich · #11 3rd December 2007, 11:01 PM

Definitely looks tasty!). Seems to act like support and resistance.

Unfortunately I haven't studied gaussian elimination so i don't understand the principle. But thanks! you sparked my interest i promise to make it out.)) Examining of this script seems to be no less torturous)

ps Also this line looks to act like center line around which price walks. very valuable i think.

btw, do you have some ideas about my indicator - Snap2.jpg?=)

chintan786 · #12 3rd December 2007, 11:34 PM

Quote:

Originally Posted by asnavale

Hi Chintan,

I have already tried the AFL with different degrees. It draws the regression line using all the data. What we need for Hurst Bands is a plot of plynomial fit over a fixed period such as 10 bars or 25 bars etc. Preferably, the period should be selectable via the Param() function. For an example see the attached chart of ACC. It is a 20-period Linear fit.

Regards

-Anant

Hi Anant, take a look to this Site.... I think this is wht u are looking for.But then u tell me where it is most efficient to apply.

http://www.gummy-stuff.org/hurst.htm

asnavale · #13 4th December 2007, 10:44 PM

Quote:

Originally Posted by chintan786

Hi Anant, take a look to this Site.... I think this is wht u are looking for.But then u tell me where it is most efficient to apply.

http://www.gummy-stuff.org/hurst.htm

Hi Chintan,

Thanks for the link. Though it is not what I was looking for, it is a very interesting site. What I refered to was the Hurst Bands described on e-signal website.

I could figure out how to get the polynomial fit the way I want. The AFL you gave in your post (which is also available on Amibroker site in online library) itself can be used by inserting the required parameters in the last part of the AFL(such as starting bar, ending bar etc.).

However, I am not working on the polynomial fit right now. Presently I am trying out a system based on linear regression. I am enclosing a chart based on that system.

Regards

-Anant

chintan786 · #14 4th December 2007, 11:03 PM

yes Anant. I had tried with polynomial fit 8. with tht I came almost near to ur polynomial value in ACC pic.

by the way, Wht system u are using for this TITAN.

I amibroker and MS

asnavale · #15 4th December 2007, 11:06 PM

Hi Razkevich,

Thank you for the interesting stuff you have posted.

Quote:

Actually, this is not exactly what i was looking for, but nevertheless what you described is extremely interesting. These bands are similar to bollinger bands (especially in case of linear regression) - if i understand you correctly, we just use Linear Regression Indicator instead of moving average - so that it should look like in the attachment

I have already worked out a system based on linear regression and standard deviation bands. I have given the system to one of the very experienced stalwart member of this forum for review and for his comments and suggestions. After I receive feedback from him I will post the details in this forum. I am attaching a chart based on my system which shows the trend and Buy-Sell signals. The green lines mean up trend and the red lines denote down trend. The Green Up-Arrows are Buy signals and Red Down-Arrows are Sell signals.

The system is not perfect. It has some drawbacks which I am trying out sort out. One of the advantages of the systems is that in sideway movement of prices it does not generate whipsaws as with moving average cross-over systems.

Your idea of detrended values and standard deviation bands looks interesting. I would work with it and see what I can contribute. Till then have a nice time and profitable trading.

Regards

To Russia with Love

-Anant

asnavale · #16 4th December 2007, 11:11 PM

Quote:

Originally Posted by chintan786

yes Anant. I had tried with polynomial fit 8. with tht I came almost near to ur polynomial value in ACC pic.

by the way, Wht system u are using for this TITAN.

I amibroker and MS

Hi Chintan,

I am using AmiBroker version 5. The TITAN chart was based on Linear regression as described earlier.

Regards

-Anant

chintan786 · #17 4th December 2007, 11:13 PM

Quote:

Originally Posted by asnavale

Hi Chintan,

I am using AmiBroker version 5. The TITAN chart was based on Linear regression as described earlier.

Regards

-Anant

Can u plz post the afl?

chintan

chintan786 · #18 4th December 2007, 11:14 PM

Is Beginer_av helped u .. or karthik?

anant

uma_k · #19 5th December 2007, 04:35 PM

Quote:

Originally Posted by chintan786

Can u plz post the afl?

chintan

Hi Anant

When are you posting the afl? Please describe the system in detail when you post. It would be useful for newbies like me to learn the steps involved in wrting the afl programs.

*** Uma ***

chintan786 · #20 5th December 2007, 05:27 PM

He is not going to post anything.