Experiments in Technical Analysis

uasish · #**751** 16th February 2007, 09:13 AM

Hi,
This thread on MACD histograms & the painfull method of reworking until deried result achieved, has actually makes me proud to be associated with serious traders.Following is my 2bit code for MACD in Metastock.
.........................8........................ ..............
a:= TSF(C,3)+TSF(C,5)+TSF(C,8)+TSF(C,13)+TSF(C,17)+TSF (C,26);
b:= TSF(C,8)+TSF(C,13)+TSF(C,26)+TSF(C,35)+TSF(C,50)+T SF(C,56);
mova:= TSF(a,3);
movb:=TSF(b,26);
diff:= a + mova;
diff1:= b + movb;
m:= diff - diff1;
m1:= TSF(m,5)*.5;
If(Ref(m1,-1)< m1,Ref(m1,-1),If(Ref(m1,-1) > m1,m,0))
...................................8.............. .......................
This is to be viewed as line ,not as histogram for better understanding,all suggestion & comments invited.
Asish

karthikmarar · #**752** 16th February 2007, 11:40 AM

Quote:

Originally Posted by uasish

Hi,
This thread on MACD histograms & the painfull method of reworking until deried result achieved, has actually makes me proud to be associated with serious traders.Asish

Hi Asish

I do apologize for my inability to put across my ideas clearly. Maybe the fault lies in my poor knowledge of the english language. I wish to make it clear that this thread is not on MACD Histogram tough it is a part of the disscussions.

Here some not so serious traders are trying to share their experiments in Technical Analysis. Also the series on MACD is on how to trade the MACD better and not on reworking the MACD. There has been no attempt on a reworking to get the desired results. All formulas are the conventional , accepted formulas. My poor understanding of english and pathetic way of experssing things may be the reason for your misunderstanding. Or is it my poor understanding of the MACD itself, I wonder.

Copying some code and posting in a forum is very easy. The trouble lies in explaining the indicators working and how to trade that particular Indiator. And explaining it to the newbie is even more difficult.

I wish that you were kind enough to enlighten us on how the MACD code posted by you is better than the conventional one and also how to trade it.
Unfortunately we did not have that previlage from a serious trader.

Anyway find enclosed a chart with conventional MACD and your MACD. Again apologies for my impertinence in putting it as a Histogram in Amibroker.

warm regards

Karthik

uasish · #**753** 16th February 2007, 04:28 PM

karthikmarr,
If anybody can prove this code to be copied i stand to be expulsed from this forum with abuse.You are very right my poor understanding of english language has landed me in this kind of trouble with proper knowdlegable traders in the past & modesty is most often been eqated with weaknees.Code writing in MS ,as per customer specification is my other proffession than trading & charges are only 1500/ per hour.Good bye.Take
care.
Asish

uasish · #**754** 16th February 2007, 07:57 PM

Hi,
This is the link for an Expert of MACD_H ,who only copy paste from other's code.
Asish
http://www.************/dir/1118945/9...9/sharing.html

uasish · #**755** 16th February 2007, 08:09 PM

Mr,Karthikmarar,
I sincerely apolozise if my immature post hurts your feeling,it is just a joke.
Once again pardon me .
Regards
Asish

mfire · #**756** 17th February 2007, 07:24 AM

Quote:

Originally Posted by karthikmarar

Hi Asish

I do apologize for my inability to put across my ideas clearly. Maybe the fault lies in my poor knowledge of the english language. I wish to make it clear that this thread is not on MACD Histogram tough it is a part of the disscussions.

Here some not so serious traders are trying to share their experiments in Technical Analysis. Also the series on MACD is on how to trade the MACD better and not on reworking the MACD. There has been no attempt on a reworking to get the desired results. All formulas are the conventional , accepted formulas. My poor understanding of english and pathetic way of experssing things may be the reason for your misunderstanding. Or is it my poor understanding of the MACD itself, I wonder.

Copying some code and posting in a forum is very easy. The trouble lies in explaining the indicators working and how to trade that particular Indiator. And explaining it to the newbie is even more difficult.

I wish that you were kind enough to enlighten us on how the MACD code posted by you is better than the conventional one and also how to trade it.
Unfortunately we did not have that previlage from a serious trader.

Anyway find enclosed a chart with conventional MACD and your MACD. Again apologies for my impertinence in putting it as a Histogram in Amibroker.

warm regards

Karthik

Hello Karthik Sir,
As usual your work is great. Your explanation has helped me to understand many difficult aspects of technical analysis though I am newbie. Keep it up.
Mohan

kurian · #**757** 17th February 2007, 07:47 AM

hai karthick
i am a day trader.can u tell me wht time frame is good for MACD for intraday
and some of macd application in intraday.
for weekly macd also wht the best time interval. do u think weekly macd gives better signals

thanks in advance
kurian joeph

uasish · #**758** 17th February 2007, 07:08 PM

Quote:

Originally Posted by uasish

Hi,
This is the link for an Expert of MACD_H ,who only copy paste from other's code.
Asish
http://www.************/dir/1118945/9...9/sharing.html

http://www.************/file/10724045...ef/MACD_H.html

karthikmarar · #**759** 18th February 2007, 12:20 AM

Quote:

Originally Posted by uasish

Mr,Karthikmarar,
I sincerely apolozise if my immature post hurts your feeling,it is just a joke.
Once again pardon me .
Regards
Asish

Dear Asish

Appreciate the humility shown by you, a rare attitude seen nowadays. I too feel that I was a bit harsh in my reaction. Thanks for posting the code for the MACD using the TSF function. It is a pleasure to see new approaches.

Let bygones be bygones … Let us go on with learning and sharing…the very spirit of this great forum.

Warm regards

Karthik

karthikmarar · #**760** 18th February 2007, 12:29 AM

Quote:

Originally Posted by casoni

hello sir , as usual.... your work is great...waiting forafl with weekly histogram..& pls add exloration in new afl....thanks ..

Quote:

Originally Posted by mfire

Hello Karthik Sir,
As usual your work is great. Your explanation has helped me to understand many difficult aspects of technical analysis though I am newbie. Keep it up.
Mohan

Casoni, Mohan,

Appreciate the kind words. It is a great feeling to know at least few are benefited by the posts. It makes all the efforts worthwhile….

The new afl will be posted soon...

Warm regards

Karthik

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