Experiments in Technical Analysis

karthikmarar · #**671** 28th January 2007, 12:13 AM

Quote:

Originally Posted by kurian

hai karthik
i hav read ur post on how to creat database for amibroker.whn i assign
groups and sectors shoud i hav to select each scrips manually all the 4000 stockks.
thanks in advance
kurian joseph

Hi Kurian

No, you don’t have to do it for each stock. It is automatically done for the whole set of stocks in one shot. I presume that you are tracking BSE stocks as you mentioned 4000 stocks. My thread deals with NSE stocks only. Our friend Vvontru had made elaborate posts on setting up the Amibroker sectors and Industries for BSE. Here is the Link

http://www.traderji.com/54406-post839.html

Regards

Karthik

karthikmarar · #**672** 28th January 2007, 12:27 AM

Quote:

Originally Posted by kkseal

Thanks karthik for your thoughts and (some more) info.

And you Karthik are the true leader. All the ideas that's on this thread today originated from you. And you've kept it going with your knowledge, your patience, your congeniality (I may eventually manage to imbibe some of Ananth's qualities, but never yours - it's not in my grain).
Kalyan.

Ahhh, Kalyan, My friend you sure are a kind man. I am pink allover…Thanks for those Kind words…

Quote:

Originally Posted by kkseal

Hi Karthik,

I have in the last few days come across some very interesting stuff on FT & IFT (An IFT on the RSI produces a smoothness that one might be tempted to call ... err ... umm ...Sexy!)

Since you already seem to have made some observations/experiments on FT/IFT could you - at your leisure - post on your experiences with it?

Kalyan.

Yes , Kalyan, I have been doing some work on the inverse Transform of Stochastic. Interesting stuff, really. In fact all John Ehler’s stuff is interesting tough quite complicated. Recently got hold of his book ..”Rocket science for Traders”. But unfortunately my work is keeping me away from all these interesting stuff.

I was trying out a Trading system based IFT of stochastic with two time frames.. seems promising as a confirmatory Indicator. Will post the details a little later… need to put in a lot of explanation… without which it will as interesting as the live parliamentary session on DD..

Regards

Karthik

karthikmarar · #**673** 28th January 2007, 12:54 AM

Quote:

Originally Posted by saji oommen

Hello,

Try this AFL for absolute strength. You can incorporate volume easily.

/*Developed by Tudor Marcelin - Art Invest*/

n=Optimize("period",10,1,100,1);/*period*/

A=0;
M=0;
D=0;

for( i = 0; i < n; i=i+1 )
{

A=IIf(Ref(Close, - i)>Ref(Close, - i-1), A+(Ref(Close, - i)/Ref(Close, -
i-1))-1,A);

M=IIf(Ref(Close, - i)==Ref(Close, - i-1), M+1/n,M);

D=IIf(Ref(Close, - i)<Ref(Close, - i-1), D+(Ref(Close, - i-1)/Ref(Close, -
i))-1,D);

}
ASI=IIf (D+M/2==0, 100, 100-100/(1+(A+M/2)/(D+M/2)));

Plot(ASI,"ASI10",colorDarkBlue);

Plot(50,"",colorBlack,styleLine);
Plot(70,"",colorRed,styleLine);
Plot(30,"",colorGreen,styleLine);

GraphXSpace = 3;

Regards
Saji

Hi Saji

Seem Interesting. First check seem to indicate that this can be used as a confirmatory Indicator to avoid whipsaws..especially for Ananth's Mabiuts-HB.
Take the Buy signal only when this Indicator crosses above 70...may be one can adjust this value... This needs a through Look.. Ananth are you listening..

regards

Karthik

kkseal · #**674** 28th January 2007, 01:30 AM

Quote:

Originally Posted by karthikmarar

Ahhh, Kalyan, My friend you sure are a kind man. I am pink allover…Thanks for those Kind words…

My pleasure, Karthik.

Quote:

Yes , Kalyan, I have been doing some work on the inverse Transform of Stochastic. Interesting stuff, really. In fact all John Ehler’s stuff is interesting tough quite complicated. Recently got hold of his book ..”Rocket science for Traders”. But unfortunately my work is keeping me away from all these interesting stuff.

I was trying out a Trading system based IFT of stochastic with two time frames.. seems promising as a confirmatory Indicator. Will post the details a little later… need to put in a lot of explanation… without which it will as interesting as the live parliamentary session on DD..

This man Ehler I must say is pretty underrated, unappreciated (in the trading field) but he's nothing short of a genius. He has located a basic flaw in the kind of data distribution we assume for the stk mkts and by transforming the distribution pattern has brought amazing changes to well known, well established indicators etc.

If you have an e-version of his book i'd request you to please upload it and post the link - perhaps in the Books section where many others will be able to see it.
Having said that there are tons of e-books i have downloaded already but don't find the time to read. There's so much to do and so little time (and least for the most interesting stuff). I can very well understand your time constraints.

One more thing Karthik. I'd suggest DON'T go into the trouble of explaining every little thing, every nitty gritty on all matters related to TA (that will make you a good samaritan, but will also eventually make this thread a burden, a liability for you). Just provide some good links (others will also add) and let people do their own learning. Later on we come back to this thread, post our doubts, seek clarifications, discuss amongst ourselves and improve on our learning. This will also distribute the 'burden' somewhat (I'm not good at teaching but i can still answer a few queries on a topic based on my knowledge and if i'm wrong there are always others to correct me). This is what i've seen in forums overseas. Here there's too much 'teaching'/spoonfeeding going on. I mean we are all adults out to make money through trading... why should anybody need to be 'taught'? (specially in this day and age when so much of info is available free). A little bit of help/direction for starters should be enough.

Keep up the University (well, at least college!) lustre of this thread Don't let it become a kindergarten school on TA.

Warm Regards,
Kalyan.

kkseal · #**675** 28th January 2007, 01:48 AM

One more point on the ASI :-

[quote]It's similar with RSI, but has an advantage: in the strong trend market, the indicator don't stay at 0 or 100 (the limits).[UNQUOTE]

http://www.xeatrade.com/trading/21/A/928.html

rkgoyal_98 · #**676** 28th January 2007, 09:49 AM

Dear Karthi,

Thanks for instan reply.I will be watching this space for for further updates on Trading with MACD. Kindly advise the steps how to use the AFL provided in the post

Thanks

Rajeev

kkseal · #**677** 28th January 2007, 11:27 AM

Quote:

Originally Posted by kkseal

Hell, one of my earlier post on Williams' A/D somehow got "dropped" possibly crossing with someone elses.

Will re-post later.

Here's the post that vanished mysteriously.
-------------
The concept & construction of Williams' A/D is a little different from the vintage A/D.

To calculate Williams' Accumulation/Distribution indicator, first determine the True Range High ("TRH") and True Range Low ("TRL").

TRH = Yesterday's CLOSE or today's HIGH whichever is greater
TRL = Yesterday's CLOSe or today's LOW whichever is less

Today's accumulation/distribution(Price) is then determined by comparing today's closing price to yesterday's closing price.

If today's close is greater than yesterday's close:

Today's (Price) A/D = Today's CLOSE - TRL

If today's close is less than yesterday's close:

Today's (Price) A/D = Today's CLOSE - TRH

If today's close is equal to yesterday's close:

Today's (Price) A/D = 0

For Volume weighted A/D, multiply the (Price) A/D by volume

Today's A/D = Today's (Price) A/D * Today's Volume

The Williams' Accumulation/Distribution indicator is a cummulative total of these daily values.

Williams' A/D = Today's A/D + Yesterday's Williams' A/D

---------

The above construction does not need the adjustments for certain boundary conditions necessary for the vintage A/D.

For better chartiblity the high values induced by high volumes can be reduced by dividing WAD by a suitable factor.

Regards,
Kalyan.

oxusmorouz · #**678** 28th January 2007, 03:20 PM

Hi Karthik,
After what you have done for the members in traderji, I'd be the most selfish person in this world if I didn't give my bit of contribution (though you may find very little of it).
If it is possible, can we discuss each indicator mentioned over a chat in traderji so that I can try my level best to code it in metastock...if possible tonight (I say tonight because you are quite active in traderji) ?
WARNING: I am an amatuer metastock coder desperately trying to learn coding. You may not find much stuff in me. Forgive me if I'm unable to do the job.

Oxymoron

oxusmorouz · #**679** 28th January 2007, 04:08 PM

http://**********.com/files/13760873/Mabitus.rar.html

Here is the download link of metastock formula for MABITUS with ADX.
It's in a self extracting and installation folder.
Good luck.

Oxymoron

P.S: I was just kidding about the copyright

ragh_ash · #**680** 28th January 2007, 08:52 PM

hi karthik,
ur charts are great to look at. i know to change background to black , but i am unable to get "values" in Title in contrast. I mean i can get "title" "Chart name " in colors i want ,but not the value of title or Chart name.
pl guide
regards

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