|
PureBytes Links
Trading Reference Links
|
Hello,
Just for your information:
These and other formulas from S&C Trader's Tips for AmiBroker
could be found in the members only area
(http://www.amibroker.com/login.html)
Best regards,
Tomasz Janeczko
===============
AmiBroker - the comprehensive share manager.
http://www.amibroker.com
----- Original Message -----
From: "Russ Ty" <untapped_energies@xxxx>
To: <amibroker@xxxxxxxxxxxxxxx>
Sent: Saturday, November 10, 2001 12:22 PM
Subject: Re: [amibroker] 2 indicators on one chart
> Many thanks for your help, Ant
>
> Kind regards
> Russ
>
>
> --- Anthony Faragasso <ajf1111@xxxx> wrote:
> > Hi Russ,
> >
> > Here is a start, check the attached file.
> >
> > Anthony
> >
> > Russ Ty wrote:
> >
> > > Hi all,
> > >
> > > Is there anyway to combine two different
> > indicators on
> > > one chart. For example, to pinpoint where we are
> > in
> > > the business cycle, I would like to combine two
> > trend
> > > deviations (see prior mails) on one chart. One for
> > an
> > > inflationary stock and another for a deflationary
> > > stock - a type of relative strength analysis - and
> > > compare their individual peaks and troughs at the
> > same
> > > time.
> > >
> > > Furthermore, is there anyway to apply indicators
> > to
> > > other indicators rather than the price graph e.g.
> > can
> > > I plot a ROC chart or a trend deviation for a
> > relative
> > > strength analysis of a bank vs a gold share?
> > >
> > > kind regards
> > > Russ
> > >
> > > __________________________________________________
> > > Do You Yahoo!?
> > > Find a job, post your resume.
> > > http://careers.yahoo.com
> > >
> > >
> > >
> > > Your use of Yahoo! Groups is subject to
> > http://docs.yahoo.com/info/terms/
> > > Relative Performance charts
> >
> >
> > In "Relative Performance Charting" article, Phil
> > Doyle presented a technique for comparing relative
> > percentage rate of change
> > of many securities on the same chart. Article
> > presents two versions of these charts: basic
> > comparison chart and baseline
> > performance chart. Both kinds can be easily
> > implemented using AmiBroker 3.60 and its built-in
> > foreign() function. To recreate
> > basic relative performance chart in AmiBroker just
> > select Indicator Builder from Analysis menu and
> > enter the following code:
> >
> > /* Relative Performance charts
> > ** AFL implementation by Tomasz Janeczko
> > **
> > ** Use Automatic scaling, Grid: Percent,
> > Limits, Middle
> > **
> > ** This example plots 4 lines
> > ** bold red - currently selected ticker
> > ** blue - DJIA
> > ** black - IBM
> > ** green - MSFT
> > ** you can of course change the tickers as you
> > wish
> > */
> > maxgraph = 4; // as many as you wish to use
> > startpoint = 10; // the start point of
> > comparision will be 10th bar
> > price = close;
> > graph0 = 100 * ( price/ValueWhen( cum(1) ==
> > startpoint, price ) - 1 );
> > graph0style = 4;
> > // you can change the ticker below
> > price = foreign("^DJI", "C");
> > graph1 = 100 * ( price/ValueWhen( cum(1) ==
> > startpoint, price ) - 1 );
> > graph1style = 1;
> > // you can change the ticker below
> > price = foreign("IBM", "C");
> > graph2 = 100 * ( price/ValueWhen( cum(1) ==
> > startpoint, price ) - 1 );
> > graph2style = 1;
> > // you can change the ticker below
> > price = foreign("MSFT", "C");
> > graph3 = 100 * ( price/ValueWhen( cum(1) ==
> > startpoint, price ) - 1 );
> > graph3style = 1;
> > graph3color = 6;
> >
> >
> >
> > The formula uses ^DJI, IBM and MSFT tickers that are
> > compared to currently selected stock. You can of
> > course modify those
> > ticker names to match your local exchange or add if
> > you want a wider group to be included on the chart.
> > The picture below
> > shows proper settings of Scaling and Grid lines for
> > Relative Performance charts.
> >
> >
> >
> > Once you entered the formula and set scaling/grid as
> > shown, you just need to click on Apply and the chart
> > will appear in a new
> > pane.
> >
> > A slightly more advanced version of Relative
> > Performace Chart is a baseline version that displays
> > the performance of several
> > securities compared to one "base" security (in the
> > example below this is ^DJI) - showing exactly what
> > stocks outperform or
> > underperform the base stock/index. The formula for
> > the baseline relative performance chart is as
> > follows:
> >
> > /* Baseline Relative Performance charts
> > ** with ^DJI as a base line
> > ** AFL implementation by Tomasz Janeczko
> > **
> > ** Use Automatic scaling, Grid: Percent,
> > Limits, Middle
> > **
> > ** This example plots 4 lines
> > ** bold red - currently selected ticker
> > ** blue - DJIA - Base Line
> > ** black - IBM
> > ** green - MSFT
> > ** you can of course change the tickers as you
> > wish
> > */
> > maxgraph = 4; // as many as you wish to use
> > startpoint = 10; // the start point of
> > comparision will be 10th bar
> > // here is a base line
> > price = foreign("^DJI", "C");
> > baseline = 100 * ( price/ValueWhen( cum(1) ==
> > startpoint, price ) - 1 );
> > price = close;
> > graph0 = 100 * ( price/ValueWhen( cum(1) ==
> > startpoint, price ) - 1 ) - baseline;
> > graph0style = 4;
> > // base line chart (flat line)
> > graph1 = baseline - baseline;
> > graph1style = 1;
> > // you can change the ticker below
> > price = foreign("IBM", "C");
> > graph2 = 100 * ( price/ValueWhen( cum(1) ==
> > startpoint, price ) - 1 ) - baseline;
> > graph2style = 1;
> > // you can change the ticker below
> > price = foreign("MSFT", "C");
> > graph3 = 100 * ( price/ValueWhen( cum(1) ==
> > startpoint, price ) - 1 ) - baseline;
> > graph3style = 1;
> > graph3color = 6;
> >
> >
> >
> > The settings for this version are the same as shown
> > above. Below you will find the picture that shows
> > the result of applying the
> > formula to Philip Morris (MO) stock. It clearly
> > shows that MO outperforms Dow Jones average by more
> > than 40% in 7 month
> > period.
> >
> >
> >
> > Volume Weighted Average Price Support/Resistance
> >
> >
> >
> > A second article in the May 2001 issue of Technical
> > Analysis of Stocks and Commodities presents the
> > method of computing
> > support and resistance curves based on
> > volume-weighted average price. In the article author
> > suggest to enter peak and trough
> > points by hand. The formula presented below takes
> > more automatic approach - it finds the highest high
> > and lowest low for
> > given stock automatically and uses that points for
> > calculations without the need to enter them
> > manually:
> >
> > /* Volume Weighted Average Support/Resistance
> > lines */
> > /* From May 2001 issue of TASC */
> > /* AFL implementation by Tomasz Janeczko */
> > /* black line represents closing price */
> > /* red - VWAP Support line */
> > /* blue - VWAP Resistance line */
> > /* Starting point for support/resistance lines
> > */
> > /* are calculated from highest and lowest
> > history prices */
> > /* You can of course choose other points if you
> > wish */
> > trbar = LastValue( Lowest( L ) ) == L;
> > pkbar = LastValue( Highest( H ) ) == H;
> > avgprice = ( High + Low )/2;
> > pv = avgprice * V;
> > cumpv = Cum( pv );
> > cumv = Cum( V );
> > MRes = IIF( BarsSince( pkbar ), ( cumpv -
> > ValueWhen( pkbar, cumpv ) ) / ( cumv -
> > ValueWhen( pkbar, cumv ) ), avgprice );
> > MSup = IIF( BarsSince( trbar ), ( cumpv -
> > ValueWhen( trbar, cumpv ) ) / ( cumv -
> > ValueWhen( trbar, cumv ) ), avgprice );
> >
> > graph0 = MSup;
> > graph1 = MRes;
> > graph2= close;
> > graph2style = 64;
> >
> >
> > Again one should use Automatic scaling for this
> > formula in Indicator Builder.
> >
> > Tomasz Janeczko,
> > amibroker.com
> >
>
>
> __________________________________________________
> Do You Yahoo!?
> Find a job, post your resume.
> http://careers.yahoo.com
>
>
>
>
> Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/
>
>
>
|