Wayne,
I don’t know much about BOP. I
tried using it, couldn’t see any predictive value.
Money Stream is seems to be related to Chaikin
Money Flow and OBV. It maps pretty well to Twiggs too. You should
be able to use it like these indicators.
FYI, I use Twiggs and OBV with daily data
and OBV with 1-minute, intraday data. (IMO, Chaikin gives mixed signals
with intraday data.)
Regards,
Dan.
From: amibroker@xxxxxxxxxxxxxxx [mailto:amibroker@xxxxxxxxxxxxxxx] On Behalf Of J Wayne Skerritt
Sent: Tuesday, June 21, 2005 6:16
AM
To: amibroker@xxxxxxxxxxxxxxx
Subject: Re: [amibroker] TC2005
& Amibroker
The Wordens have 2 indicators built into TC2000, one called
MoneyStream,
the other is BOP (Balance of Power). In AB, using
the function called
GetExtraData, these two indicators can be brought
into AB:
GetExtraData("BOP") and
GetExtraData("MoneyStream")
Works well.
Now what to do with them?
Wayne
Joe Landry wrote:
> Patrick and Dan - I stand corrected and
appreciate the very thorough
> analysis and discourse on your
> parrt - an excellent use of the forum.
>
> Correctly I should have said -TC2000 for
simple and quick scans,
> reliable data feed but weak mutual fund data
and market breadth.
> QP3 has both and a great depth of what
I'm calling market internals
> or breadth data for all US markets.,
advance/declines, high/lows, up
> /down volumes.
> For other indices like R2000, I have to
develop and run daily as
> composites.
>
> However I should ask, how do you get a
comparable organization of
> industry groups in AB if you
> don't have TC2000 as your data feed?
>
> On the plus side for AB don't forget the
backtesting and optimization
> with native AB optimization
> or with the optimizer called IO by Fred
Tonetti.
>
> Best regards
> JOE
>
> ----- Original
Message -----
> *From:* TA 4 Charts
<mailto:ta4charts@xxxxxxxxxxx>
> *To:* amibroker@xxxxxxxxxxxxxxx <mailto:amibroker@xxxxxxxxxxxxxxx>
> *Sent:* Monday, June
20, 2005 10:49 PM
> *Subject:* Re:
[amibroker] TC2005 & Amibroker
>
> Hi all,
>
> I have to agree with
Dan -- TC2005 is ok for data, and perhaps
> some very
> simple fast sorts.
>
> I use ATR as an
indicator of preference for sorting -- in AB it's
> built in
> and I can build
complex varieties of AA output based on it. In
> TC2005, it's
> about 32+ operations
of code to produce an ATR(10). Then there's
> ADX (not
> available for scans,
just sorting on their static indicator), and
> CCI,
> forget it, etc.
I too do some stuff like Dan discribes, but only
> in AB as
> TC2005 won't support
it. If any further plug for AB is needed,
> I'll note
> that one can automate
the output from the exploration or scan to a
> watchlist
> as part of the code.
>
> So for research,
sophisticated scans and ease of use (once you
> learnit), AB
> is a no
brainer. Too bad one can't just buy TC2005 data at a
> discount
> without the charts,
etc., as it generally is good data (a few minor
> exceptions of
course). Still it's not that expensive -- my
> commissions are
> an order of magnitude
greater each month, sometimes two.
>
> Peace and
Justice --- Patrick
>
> (Dan - we'll see how
this post does for time, I saw your last was
> only about
> 8 min delayed)
>
> ----- Original
Message -----
> From: Dan Clark
> To: amibroker@xxxxxxxxxxxxxxx
> Sent: Monday, June
20, 2005 8:02 PM
> Subject: RE:
[amibroker] TC2005 & Amibroker
>
>
> I have to disagree a
bit with Joe.
>
> I agree if all you
want to do is perform BASIC scans and
>
filters. Very
> basic!
>
> But the problem with
TC is that you quickly run into a wall.
>
> For example, using
Linear Regression lines, I perform a scan where:
>
> 1) the stock is in a
list of tradable symbol and
> 2) the long term
trend of a symbol is up, and
> 3) the short term
trend is down, and
> 4) the short term
trend of Twiggs Money Flow is up (divergence), and
> 5) the symbol is NOT
in a list of manually excluded symbols, and
> 6) the symbol is NOT
already in a target short list
> 7) the symbol is NOT
already in a target long list.
>
> I tried this in TC.
>
> Number 1 is easy.
> Numbers 2, 3 and 4
(using Money Stream instead) are a 19 step manual
> process!!!
> Numbers 5, 6 and 7
are NOT possible!!!
>
> TC has its
benefits. But sophisticated scanning is NOT one of them.
>
> As you probably
already figured out, I use TC for data only.
>
> Regards,
>
> Dan.
>
>
>
>
>
> From: amibroker@xxxxxxxxxxxxxxx [mailto:amibroker@xxxxxxxxxxxxxxx]
> On Behalf
> Of Joe Landry
> Sent: Monday, June
20, 2005 4:59 PM
> To: amibroker@xxxxxxxxxxxxxxx
> Subject: Re:
[amibroker] TC2005 & Amibroker
>
> If all you want to do
is scans/filters then TC2005 will be all
> you need.
>
> However if you ever
want to backtest or use a custom indicator
> that the
> Worden brothers
didn't include in their
> package then you're
out of luck.
>
> When I subscribed to
TC2000 it was for the data, preliminary
> scans, and
> industry
groups. Now I'm using
> QP3, quotes plus 3
for mutual funds and stocks for less than
> TC2000, but I
> don't get intraday
delayed quotes
> on stocks. I do
get realtime data from my broker but I can't run
> the signal
> routines that will
tell me if a signal will
> trip before the
close.
>
> Best regards
> JOE
> ----- Original
Message -----
> From: skilletlicqor
> To: amibroker@xxxxxxxxxxxxxxx
> Sent: Monday, June
20, 2005 6:42 PM
> Subject: [amibroker]
TC2005 & Amibroker
>
> I notice there are a
number of users of both TC2005 and Amibroker. I
> currently use TC2005
and am on the trial month for Amibroker. I'm
> very impressed with
Amibroker and wonder what those of you who use
> both do in TC2005
that you can't do in Amibroker. Or is TC2005 just
> for the data? I
haven't worked with AFL much but I assume that it is
> capable of performing
any scans that I can do with TC2005. Is this
> not the case?
> I'm on a tight budget
and can probably only afford one of these
> programs right now.
>
> Thanks for replies.
>
>
>
>
> Please note that this
group is for discussion between users only.
>
> To get support from
AmiBroker please send an e-mail directly to
> SUPPORT {at}
amibroker.com
>
> For other support
material please check also:
> http://www.amibroker.com/support.html
>
>
>
>
>
> Please note that this
group is for discussion between users only.
>
> To get support from
AmiBroker please send an e-mail directly to
> SUPPORT {at}
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>
> For other support
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>
>
>
>
>
>
>
> Please note that this
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>
> To get support from
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