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Hi, Donald:
>> There will be at least one more BETA release with more features
>> implemented such as Guru commentary - you will love it :-).
>Can you clue us in on what this is?
This feature will provide textual description of actual T/A situation
automatically generated by the AmiBroker.
You will be able to define your own commentaries and use
predefined ones.
>> When basic functions are done I will proceed with Candlestick pattern
>> detection functions. This will be somewhat tricky (not from the
>> programming point of view but conceptually).
>Tell me about it! I don't envy you trying to implement candlestick
analysis.
This will be implemented as a set of pattern recognition functions within
AFL.
In fact they will be very similiar to ones included in Metastock (however
I don't think I can manage to implement all of them this month :^) )
In this way you will be able to use power of AFL parser with the ability to
detect candlestick patterns.
The problem is that sticks are relative :-(.
By the way - thank you for your book recomendation, it will be very
interesting to read it sometime - if I got a minute :-).
>Is the MetaStock (or any other) manual a help?
>There are only about 60 stick patterns, or so. How many will you implement?
I took Metastock formula language as a start point for my own design.
But I belive that AFL is more powerful in its syntax, because it has a lot
of features
which Metastock misses, for example: default values for parameters ( so you
can
write macd(), or macd( 15 ) or macd( 15, 30 ) overwritting default 12, 26 ),
ability to use variables inside commentaries (this one is really nice thing,
saving you from repeating the same expression several times and speeding up
the
calculation - unfortunatelly you can not appreciate it now because
commentaries are
still to come),
usage of exactly the same formula for a) analysis/simulation,
b)custom indicators, c)commentaries (this is simply a timesaver).
The only thing which makes AFL temporarily less powerful is
the number of built-in functions - but this is just the matter of time
- the number of AFL built in functionswill grow quickly.
Best regards,
Tomasz Janeczko
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