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<SPAN
class=965284414-21042003>DT,
I am
trying to understand what you are doing here. Are you looking to make entry
after the static and variable indicator diverge? does not this leave you
vulnerable to the stock becoming exhausted with you late in the emerging trend?
I am trying to see the possible pitfalls of using this going forward rather than
looking back at the result......
<SPAN
class=965284414-21042003>
<SPAN
class=965284414-21042003>TIA<FONT color=#0000ff face=Arial
size=2>Jayson
<FONT face=Tahoma
size=2>-----Original Message-----From: Dimitris Tsokakis
[mailto:TSOKAKIS@xxxxxxxxx]Sent: Monday, April 21, 2003 5:56
AMTo: amibroker@xxxxxxxxxxxxxxxSubject: [amibroker] TREND
DETECTORS WITH VARIABLE PERIOD (II)
Here is an alternative.
The first method was increasing the smoothing period for every
trendy day, from the beginning till the end.
It will do it even if the trend lasts 3 or 13 or 53
bars.
A more realistic approach is to increase the period AFTER some
threshhold bars.
Keep the smoothing fast up to the 20th trendy bar and
then increase the period to stay more in the market and enjoy
the last [and the most interesting] part of the [prolonged]
trend.
This will help to ignore the premature exit signals, ignore
the probable first pull-backs and catch the usual double peak
formation, but, the code will examine this possible scenario
AFTER the 20 confirmed trend bars.
The gif speaks better :
The initial trend detector is the
black DEMA(StochD(40),20).
The variable detector stays closely for the first 20 bars and
then changes to a much slower mode.[green-red line]
The obvious benefit is to ignore premature exit at the first
peak P1, re-entry at R1 and goes to a final exit at P2.
The code for IB is
t=20;x=<FONT
size=2>DEMA(StochD<FONT
size=2>(40),t);<FONT
size=2>Plot(x,""<FONT
size=2>,1,<FONT
size=2>8<FONT
face="Times New Roman">);
tA=50;xA=<FONT
size=2>DEMA(StochD<FONT
size=2>(40),tA);<FONT
face=Verdana size=2><FONT
face="Times New Roman">//Plot(xA,"",7,8);<FONT face=Verdana
size=2>
Cond1=Ref(x,-<FONT
size=2>1)==LLV<FONT
size=2>(x,3);<FONT
size=2>Plot(50<FONT
size=2>*Cond1,"",<FONT
size=2>5,2<FONT face=Verdana
size=2>);<FONT
face="Times New Roman">
Cond2=Ref(x,-<FONT
size=2>1)==HHV<FONT
size=2>(x,3);<FONT
size=2>Plot(50<FONT
size=2>*Cond2,"",<FONT
size=2>4,2<FONT face=Verdana
size=2>);<FONT
face="Times New Roman">
k1=BarsSince<FONT
size=2>(Cond1);k2=BarsSince<FONT face=Verdana
size=2>(Cond2);<FONT
face=Verdana size=2>
Plot((k2>k1)*10<FONT
size=2>,"",<FONT
size=2>5,2<FONT
size=2>);Plot((k2<k1)*<FONT
size=2>10,""<FONT
size=2>,4,<FONT
size=2>2<FONT
face="Times New Roman">);<FONT face=Verdana
size=2><FONT
face="Times New Roman">
Coeff=2;
trendbars=20;// calibrate here the start
of variable smoothing<FONT
face=Verdana size=2>
t1=IIf(k2>k1 AND
k2>trendbars,t+coeff*k1,IIf<FONT face=Verdana
size=2>(k1>k2 AND
k1>trendbars,t+coeff*k2,t));<FONT
face="Times New Roman">
x1=DEMA(<FONT
size=2>StochD(40<FONT
face=Verdana size=2>),t1);<FONT
face=Verdana size=2>
Plot(x1,""<FONT
size=2>,(x1>Ref(x1,-<FONT
size=2>1))*5<FONT
size=2>+(x1<Ref(x1,-<FONT
size=2>1))*4<FONT
size=2>,8<FONT face=Verdana
size=2>);<FONT
face="Times New Roman">
GraphXSpace=2<FONT face=Verdana
size=2>;
Dimitris
Tsokakis
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