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RE: [amibroker] 3rd logical alert



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<FONT face=Arial color=#0000ff 
size=2>Brother, are you going to get a LOT of private email 
messages!   Hang on!
<FONT face=Arial color=#0000ff 
size=2> 
<FONT face=Arial color=#0000ff 
size=2>d


<FONT 
face=Tahoma size=2>-----Original Message-----From: RichardHarper 
[mailto:rdharper@xxxx] Sent: Thursday, October 31, 2002 
5:36 PMTo: amibroker@xxxxxxxxxxxxxxxSubject: Re: 
[amibroker] 3rd logical alert
Steve;
 
5 round-trip trades per week,  target 
of  .9% per day net.  
100% in and out, each trade.
Average of 3% gain per week.
Plays are on a few carefully selected 
stocks.
Until recently, I'd play squeezed short 
interest where possible.
Also, until recently, gold when themarket 
was dropping.
I had no backtesting capability, just 
stockcharts.com and a lot of time.
Amibroker makes it all much easier.
 
I was, in effect, backtesting via pattern 
recognition.
 
I figured if I could make money in a down market, 
it should be easier in an up market.  Which, so far, has been the 
case.
If I calculate an hourly rate,  it 
poor.  But I viewed this period as a learning opportunity.
 
I have a background in applied statistical 
analysis.  Basically what I've been doing at work is directly 
applicable.  So I retired and used that experience.
 
This whole thing has been slightly nuts.  I 
get up very early and do reading, charts etc.  Then watch the marketall 
day.  It has been fun, but I doubt to many would enjoy spending timethis 
way.  You basically have to have done everything else in life that you 
wanted to do.
 
But the money is getting significant.  I've 
been a mouse running around underneath elephants.  I've some concern 
about my strategy when I get to $100k.  It will start to be 
noticed.  So I need automation, and more trades to spread it out.  
The smart money has much more information and better computers.  I can 
see it in the price action.
 
I have a lot of rules.  The first of which 
is,  don't trust anyone giving advice where the market is 
concerned.  Reason is simple.  If they knew what they were talking 
about, they'd be using it, not talking about it, or 
selling it.  In fact, when you hear advice, you can assume the 
opposite is more likely to be correct.   Better just to ignore it, 
and trust the charts.  Work out your own theories, and backtest.  
And recheck assumptions a lot.
 
Richard
 
<BLOCKQUOTE 
>
----- Original Message ----- 
<DIV 
>From: 
Steve 
Davis 
To: <A title=amibroker@xxxxxxxxxxxx 
href="">amibroker@xxxxxxxxxxxxxxx
Sent: Thursday, October 31, 20021:30 
PM
Subject: RE: [amibroker] 3rd logical 
alert

<SPAN 
class=925081921-31102002>Richard,
<SPAN 
class=925081921-31102002> 
Am 
I reading your post correctly? You increased your account size from $1,000 
to $10,000 in 16 months?
<SPAN 
class=925081921-31102002> 
If 
so, can you talk more about your approach without revealing your rules? 
<SPAN 
class=925081921-31102002>Were you leveraged? 
<SPAN 
class=925081921-31102002>Were you using a mechanical system or discretionary 
trading? What was your average trade duration?
<SPAN 
class=925081921-31102002> 
<SPAN 
class=925081921-31102002>Impressed,
<SPAN 
class=925081921-31102002>-Steve

<FONT face=Tahoma 
size=2>-----Original Message-----From: Richard Harper 
[mailto:rdharper@xxxx]Sent: Thursday, October 31, 2002 
1:48 PMTo: amibroker@xxxxxxxxxxxxxxxSubject: Re: 
[amibroker] 3rd logical alert
Jayson;  Thanks, that 
worked. 
 
I'm using 1 minute bars, so you are 
correct,  I get a signal every minute.  The between buy andsell 
sound is merely a tick, quite unobtrusive.  The value is simple,I 
don't have to keep an eye on the graphs at all, and can do something else 
(like learn a bit of code 8->).    
 
The "tick" sound tells me the monitor is 
working.  While my laptop is quite bulletproof,  it is 
possible to lose connectivity, or lag etc.  
 
Works quite well.  Not quite asgood 
as  a programmable buy sell, but I don't like the additional 
overhead.  I've taken 1K up to 10k in about 16 months, but that has 
involved a lot of work, and pretty basic tools.   The signals 
free me from hanging on the graphs, real-time.
 
Thanks for helping out, you saved mesome 
time.  I have some idea of the time TJ must be spending, even given 
an apparently amazing level of skill.  I've been programming since 
1966,  (really an EE type), and have learned my way around more 
languages than I care to count.  Originally I got into it, as the 
demand was high, and programmers were very scarce.  In recent 
years,  I've dabbled with C,  but given the sheer number of 
programmers (at IBM),  I focused on product related issues in recent 
years.  I was never great,  but always spent whatever time 
necessary to get the job done.
 
Now focused on increasing my play 
money.  Didn't expect to get back into programming, even at thishigh 
level.  I just bought into RT a week ago, and have been focused on 
implementing what I know works, with indicators AB has already 
available.  So far so good. 
 
Thanks again,
Richard
<BLOCKQUOTE 
>
----- Original Message ----- 
<DIV 
>From: 
<A title=jcasavant@xxxx 
href="">Jayson 
To: <A 
title=amibroker@xxxxxxxxxxxxxxx 
href="">amibroker@xxxxxxxxxxxxxxx 

Sent: Thursday, October 31, 2002 
10:11 AM
Subject: RE: [amibroker] 3rd 
logical alert

<SPAN 
class=334184617-31102002>Richard,
<SPAN 
class=334184617-31102002>you lose me here. you want an alert if you get 
a buy condition. You want an alert if you get a sell condition. Your 
want a 3rd alert when there is no buy or sell. Why on earth would 
you want an alert on EVERY SINGLE BAR??  at any rate it is easier 
to create a third variable....<SPAN 
class=334184617-31102002><FONT 
face=Arial>

test=Buy<FONT 
color=#282828>==<FONT 
color=#ff00ff>0 <FONT 
color=#000000>AND<FONT 
face=Arial> <FONT 
color=#000000>Sell<FONT 
face=Arial>==<FONT 
color=#ff00ff>0;
<FONT 
face="Courier New">AlertIf(<SPAN 
class=334184617-31102002>test<FONT 
size=2>,"SOUND 
C:\\Windows\\Media\\<FONT 
face="Times New Roman">start<FONT 
face="Courier New">.wav",<FONT 
face="Courier New">"Audio Buy"<FONT 
face="Courier New">,2<FONT 
face="Courier New">,1<FONT 
face="Courier New">);
<SPAN 
class=334184617-31102002>the error below is in your use of 
parenthesis...
<SPAN 
class=334184617-31102002> 
<FONT 
face="Courier New" color=#0000ff size=2><FONT 
color=#0000ff> 
Jayson 

<FONT face=Tahoma 
size=2>-----Original Message-----From: Richard Harper 
[mailto:rdharper@xxxx]Sent: Thursday, October 31, 
2002 11:24 AMTo: amibroker@xxxxxxxxxxxxxxxSubject: 
[amibroker] 3rd logical alert

Jason;
As you may have read, my alerts are working great, shown 
here.
AlertIf<FONT 
face="Courier New">(Buy,<FONT face="Courier New" 
color=#ff00ff>"SOUND C:\\Windows\\Media\\Notify.wav"<FONT 
face="Courier New">,"Audio 
Buy",<FONT face="CourierNew" 
color=#ff00ff>2,<FONT 
face="Courier New" color=#ff00ff>1<FONT 
face="Courier New">);
<FONT 
size=2>AlertIf<FONT 
face="Courier New">(Sell,<FONT face="Courier New" 
color=#ff00ff>"SOUND C:\\Windows\\Media\\ding.wav"<FONT 
face="Courier New">,"Audio 
Sell",<FONT face="Courier New" 
color=#ff00ff>2,<FONT 
face="Courier New" color=#ff00ff>1<FONT 
face="Courier New">);
I'd like to add one more, which would alert an inbetween 
condition, not buy AND not sell;
I tried the following, which is not quite correct. Can 
you show me?
AlertIf<FONT 
face="Courier New">(<FONT 
face="Times New Roman">((<FONT 
face="Courier New">Buy<FONT 
face="Times New Roman">=0) AND (<FONT 
face="Courier New">Sell<FONT 
face="Times New Roman">=0)),<FONT 
face="Courier New" color=#ff00ff>"SOUND C:\\Windows\\Media\\<FONT 
face="Times New Roman" color=#ff00ff>start<FONT 
face="Courier New" color=#ff00ff>.wav"<FONT 
face="Courier New">,"Audio 
Buy",<FONT face="CourierNew" 
color=#ff00ff>2,<FONT 
face="Courier New" color=#ff00ff>1<FONT 
face="Courier New">);
Thanks,
RichardPost 
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