Re: [amibroker] alerts

["server not recognized" <winchp@xxxx>]

Thomas,
 
While it looks pretty, and if you can findstocks 
that demonstrate such strong trends, you will make money, it still alooks to me 
like shutting the gate after the horse has bolted.  
 
A buy signal is needed at the beginning ofthe 
trend, not the end.  Unless you intend to be contrarian and sell after 
large trend rises, it seems a risy strategy to me, because it can go into 
sideways directionless trend just as easy as down.
 
So I'd be interested how you currently trade this, 
or think you can trade this.
 
P

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----- Original Message ----- 
<DIV 
>From: 
Thomas Z. 
To: <A title=amibroker@xxxxxxxxxx 
href="">amibroker@xxxxxxxxxxxxxxx 
Sent: Thursday, November 22, 2001 6:39 
AM
Subject: Re: [amibroker] alerts

Hello Tomasz and others,
 
Thanks for your support, it's a very very nice 
function. I've modified the formula a little to find reentry and exit signals 
after drawing the trendlines.
Now we can give every lower trendline inevery 
stock the ID "TL" and the higher Trendline "TH" and than it's very easy to 
find all entry or exit signals.
Let's take a look at my .gif from 
Ariba
Buy = L <= <FONT 
face="Courier New" color=#ff00ff size=1>1.01<FONT face="Courier New" 
size=1> * <FONT face="Courier New" color=#0000ff 
size=1>Study (<FONT 
face="Courier New" color=#ff00ff size=1>"TL"<FONT face="Courier New" 
size=1>) ;
/*TL = lower 
Trendline*/
Sell = H >=<FONT 
face="Courier New" color=#ff00ff size=1>0.99<FONT face="Courier New" 
size=1> * <FONT face="Courier New" color=#0000ff 
size=1>Study (<FONT 
face="Courier New" color=#ff00ff size=1>"TH"<FONT face="Courier New" 
size=1>) ;
/*TH = higher 
Trendline*/
 
<FONT face=Arial 
color=#000000 size=2>Best regards
<FONT face=Arial 
color=#000000 size=2> 
<FONT face=Arial 
color=#000000 size=2>Thomas
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face=Arial color=#000000 
size=2>