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<DIV> </DIV>
<DIV><FONT color=#008080 face=Arial><STRONG><EM>Ton :</EM></STRONG></FONT></DIV>
<DIV> </DIV>
<DIV><FONT color=#008080 face=Arial><STRONG><EM>As always : thanks a
lot</EM></STRONG></FONT></DIV>
<DIV> </DIV>
<DIV><FONT color=#008080 face=Arial><STRONG><EM>Theo</EM></STRONG></FONT></DIV>
<DIV> </DIV>
<DIV> </DIV>
<BLOCKQUOTE
style="BORDER-LEFT: #000000 2px solid; MARGIN-LEFT: 5px; MARGIN-RIGHT: 0px; PADDING-LEFT: 5px; PADDING-RIGHT: 0px">
<DIV style="FONT: 10pt arial">----- Original Message ----- </DIV>
<DIV
style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black"><B>From:</B>
A.J. Maas
</DIV>
<DIV style="FONT: 10pt arial"><B>To:</B> <A
href="mailto:metastock@xxxxxxxxxxxxx";
title=metastock@xxxxxxxxxxxxx>Metastock-List</A> </DIV>
<DIV style="FONT: 10pt arial"><B>Sent:</B> December 01, 1999 1:01 AM</DIV>
<DIV style="FONT: 10pt arial"><B>Subject:</B> Re: MACD of relative
strenght.</DIV>
<DIV><BR></DIV>
<DIV>
<DIV><FONT size=2>Because of the many typos and page's structural layout
errors (readability) and for MSK use,</FONT></DIV>
<DIV><FONT size=2>had to rewrite the article's Traders Tips' MSK formulas
section. </FONT></DIV>
<DIV><FONT size=2></FONT> </DIV>
<DIV><FONT size=2><FONT size=2>Eg: - </FONT>The Relative Strength indicator is
a completely different indicator to the</FONT></DIV>
<DIV><FONT size=2> </FONT><FONT
size=2>one that </FONT><FONT size=2>has been named on the S&C Trader Tips
page.</FONT></DIV>
<DIV> </DIV>
<DIV><FONT size=2> - Where Relative Strength(RS)
compares 2 objects' strengths to each other</FONT></DIV>
<DIV><FONT size=2> - The Relative Strength
Index(RSI) measures a single object's internal strength.</FONT></DIV>
<DIV> </DIV>
<DIV><FONT size=2> - This latter one by Welles
Wilder is also used for indicator base. </FONT></DIV>
<DIV> </DIV>
<DIV><FONT size=2>You better use the build-in MACD (Tema
Smoothed) for faster signals, or apply </FONT><FONT
size=2>tweaked</FONT></DIV>
<DIV><FONT size=2>periods, other than the standard default, for this
indicator.</FONT></DIV>
<DIV> </DIV>
<DIV><FONT size=2>Regards,<BR>Ton Maas<BR><A
href="mailto:ms-irb@xxxxxxxxxxxxxxxx";>ms-irb@xxxxxxxxxxxxxxxx</A><BR>Dismiss
the ".nospam" bit (including the dot) when replying and<BR>note the new
address change. Also for my Homepage<BR><A
href="http://home.planet.nl/~anthmaas";>http://home.planet.nl/~anthmaas</A></FONT></DIV>
<DIV> </DIV>
<DIV> </DIV>
<DIV><FONT size=2>===============================================</FONT></DIV>
<DIV> </DIV>
<DIV><FONT size=2>
<DIV><FONT size=2>TASC - Traders Tips</FONT></DIV>
<DIV><FONT size=2>
<DIV><FONT size=2><FONT size=2><A
href="http://www.traders.com";>http://www.traders.com</A></FONT><A
href="file:///D:/Equis/Z-Diversen/faq-MetaStock/Formulas/TASC/S&c9910/TradersTips/Tips9910.html">/TradersTips/Tips9910.html</A></FONT></DIV></FONT></DIV></FONT></DIV>
<DIV> </DIV>
<DIV> </DIV>
<DIV><FONT size=2><FONT size=2><FONT size=2><STRONG>Macd of Relative Strength
Index </STRONG>(rewritten for MetaStock v6.5x or higher
use).</FONT></FONT></FONT></DIV>
<DIV><FONT size=2><FONT size=2><FONT size=2> </DIV></FONT></FONT></FONT>
<DIV><FONT size=2>The Macd of Relative Strength Index indicator for MetaStock
6.5 or higher.</FONT></DIV>
<DIV><FONT size=2><PRE><FONT size=2><DIV><FONT face=Arial size=2><FONT size=2><STRONG><U>To plot the RSI Macd line</U></STRONG></FONT></FONT></DIV><DIV><FONT face=Arial size=2><FONT size=2><FONT size=2> <DIV><FONT face=Arial size=2>-In MetaStock, select "Indicator Builder" from the Tools menu</FONT></DIV><DIV><FONT face=Arial size=2>-In the Indicator Builder, click "new" and enter the following formula</FONT></DIV><DIV></FONT> </FONT></FONT><FONT size=2></DIV></DIV><FONT size=2></FONT></FONT><DIV><FONT size=2><FONT size=2><FONT face="Courier New"><STRONG>Name: RSI Macd</STRONG></FONT></FONT></FONT></DIV><DIV><FONT size=2><FONT size=2><FONT face="Courier New">{Article in the S&C Oct99 issue. For example<BR>plot OB & OS levels at +2.5 and -2.5 and a<BR>horizontal trend dividing line at 0.}<BR>Q:=Input("Relative Strength Index Time Periods",<BR> 3,100,14);</FONT></FONT></FONT></DIV><DIV><FONT size=2><FONT size=2><FONT face="Courier New">R1:=Input("MACD Short Time Periods",1,100,12);<BR>R2:=Input("MACD Long Time Periods",1,100,26);<BR>z:=Wilders(If(ROC(C,1,$)>0,ROC(C,1,$),0),<BR> LastValue(Q));<BR>y:=Wilders(If(ROC(C,1,$)<0,Abs(ROC(C,1,$)),0),<BR> LastValue(Q));<BR>ZY:=Z/Y;<BR>RSIx:=100-(100/(1+ZY));<BR>RSIxMACD:=Mov(RSIx,R1,E)-Mov(RSIx,R2,E);<BR>RSIxMACD</FONT></FONT></FONT></DIV></FONT></PRE></FONT></DIV>
<DIV><FONT size=2><FONT size=2>
<DIV>-Click OK</DIV>
<DIV>-Close out of the Indicator Builder</DIV>
<DIV>-Open a chart</DIV>
<DIV>-Plot the new formula by dragging it from the Indicator QuickList</DIV>
<DIV> or by clicking "indicators" from the Insert menu.</DIV>
<DIV>-The RSI Macd line will be plotted.</FONT></FONT></DIV>
<DIV><FONT size=2><FONT size=2></FONT></FONT> </DIV>
<DIV><FONT size=2><FONT size=2>If you prefer to view the <STRONG>RSI Macd
</STRONG>line in a <STRONG>Histogram </STRONG>style:</FONT></FONT></DIV>
<DIV><FONT size=2><FONT size=2>-Select </FONT></FONT><FONT size=2><FONT
size=2>the RSI Macd line</FONT></FONT></DIV>
<DIV><FONT size=2><FONT size=2>-Right click for Properties</FONT></FONT></DIV>
<DIV><FONT size=2>-Click the Color/Style tab</FONT></DIV>
<DIV><FONT size=2><FONT size=2>-Use <STRONG>Style: </STRONG>to change it
to the (2nd from bottom) histogram style option.</FONT></FONT></DIV>
<DIV><FONT size=2>-Click OK.</FONT></DIV>
<DIV> </DIV>
<DIV><FONT size=2><STRONG><U>To plot the Signal line</U></STRONG></FONT></DIV>
<DIV> </DIV>
<DIV><FONT size=2>-Drag the build-in "<STRONG>Moving Average</STRONG>"
Indicator from the Indicator QuickList and Hold Down</FONT></DIV>
<DIV><FONT size=2> <FONT size=2>the Left mouse-button</FONT> while moving
the mouse pointer </FONT><FONT size=2>down to the RSI Macd-inner window
</FONT></DIV>
<DIV><FONT size=2>-W</FONT><FONT size=2>hen holding the Moving Average
Indicator on top of the RSI Macd line, </FONT><FONT size=2>the selected
indicator</FONT></DIV>
<DIV><FONT size=2> </FONT><FONT size=2>will </FONT><FONT
size=2>change into the Magenta color, eg Selecting the underlay</DIV>
<DIV>
<DIV></FONT><FONT size=2>-T</FONT><FONT size=2>he status bar will say "Calc
moving average using RSI Macd" </FONT><FONT size=2>to
signify </FONT><FONT size=2>that the RSI Macd</FONT></DIV>
<DIV><FONT size=2> will be used to calculate the moving
average</FONT></DIV></DIV>
<DIV><FONT size=2>
<DIV><FONT size=2>-D</FONT><FONT size=2>rop it </FONT><FONT size=2>on top
of </FONT><FONT size=2>the RSI Macd line, eg Release mouse button
</FONT></DIV></FONT></DIV>
<DIV><FONT size=2>-select "9" for </FONT><FONT size=2>the time period and
</FONT><FONT size=2>"Exponential" for the method used</FONT></DIV>
<DIV><FONT size=2>-Click OK.</FONT></DIV>
<DIV><FONT size=2></FONT> </DIV>
<DIV><FONT size=2>To plot both the Macd line and the signal line (1 indicator
: 2 lines with the 'identical' one color)</FONT></DIV>
<DIV><FONT size=2> </FONT></DIV>
<DIV><FONT size=2>
<DIV><FONT face=Arial size=2>-In MetaStock, select "Indicator Builder" from
the Tools menu</FONT></DIV>
<DIV><FONT face=Arial size=2>-In the Indicator Builder, click "new" and enter
the following formula</FONT></DIV>
<DIV><FONT size=2></FONT> </DIV>
<DIV><FONT face="Courier New"><FONT size=2><STRONG>Name: RSI
Macd(+signal)</STRONG></FONT></FONT></DIV>
<DIV><FONT face="Courier New"><FONT size=2><FONT size=2><FONT size=2><FONT
face="Courier New">{Article in the S&C Oct99 issue. For example<BR>plot OB
& OS levels at +2.5 and -2.5 and a<BR>horizontal trend dividing line at
0.}<BR>Q:=Input("Relative Strength Index Time Periods",<BR>
3,100,14);</FONT></FONT></FONT></FONT></FONT></DIV>
<DIV><FONT face="Courier New"><FONT size=2><FONT size=2><FONT size=2><FONT
face="Courier New">R1:=Input("MACD Short Time
Periods",1,100,12);<BR>R2:=Input("MACD Long Time
Periods",1,100,26);<BR>z:=Wilders(If(ROC(C,1,$)>0,ROC(C,1,$),0),<BR>
LastValue(Q));<BR>y:=Wilders(If(ROC(C,1,$)<0,Abs(ROC(C,1,$)),0),<BR>
LastValue(Q));<BR>ZY:=Z/Y;<BR>RSIx:=100-(100/(1+ZY));<BR>RSIxMACD:=Mov(RSIx,R1,E)-Mov(RSIx,R2,E);<BR>Signal:=Mov(RSIxMACD,9,E);<BR>RSIxMACD;<BR>Signal</FONT></FONT></FONT></FONT></FONT></DIV>
<DIV><FONT size=2>
<DIV> </DIV>
<DIV>-Click OK</DIV>
<DIV>-Close out of the Indicator Builder</DIV>
<DIV>-Open a chart</DIV>
<DIV>-Plot the new formula by dragging it from the Indicator QuickList</DIV>
<DIV> or by clicking "Indicators" from the Insert menu.</DIV>
<DIV>-Both the RSI Macd line and the Signal line will be plotted.</DIV>
<DIV> </DIV>
<DIV>============================================</FONT></FONT></DIV></DIV></DIV></DIV></DIV>
<BLOCKQUOTE
style="BORDER-LEFT: #000000 2px solid; MARGIN-LEFT: 5px; MARGIN-RIGHT: 0px; PADDING-LEFT: 5px; PADDING-RIGHT: 0px">
<DIV style="FONT: 10pt arial">----- Original Message ----- </DIV>
<DIV
style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black"><B>From:</B>
<A href="mailto:sky40912@xxxxxxxxx"; title=sky40912@xxxxxxxxx>Theo E.M.
Lockefeer</A> </DIV>
<DIV style="FONT: 10pt arial"><B>To:</B> <A
href="mailto:metastock@xxxxxxxxxxxxx";
title=metastock@xxxxxxxxxxxxx>Metastock User Group</A> </DIV>
<DIV style="FONT: 10pt arial"><B>Sent:</B> maandag 29 november 1999
8:01</DIV>
<DIV style="FONT: 10pt arial"><B>Subject:</B> MACD of relative
strenght.</DIV>
<DIV><BR></DIV>
<DIV><FONT face=Arial size=2>Anyone an expert on this indicator
?</FONT></DIV>
<DIV> </DIV>
<DIV><FONT face=Arial size=2>Anyone who can enlight me ?</FONT></DIV>
<DIV> </DIV>
<DIV><FONT face=Arial size=2>It was published in a recent S & C article
.</FONT></DIV>
<DIV> </DIV>
<DIV><FONT face=Arial size=2>Thx</FONT></DIV>
<DIV> </DIV>
<DIV><FONT face=Arial size=2>Theo Lockefeer</FONT></DIV>
<DIV> </DIV>
<DIV> </DIV></BLOCKQUOTE></BLOCKQUOTE></BODY></HTML>
</x-html>From ???@??? Wed Dec 01 10:03:21 1999
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Message-ID: <004b01bf3c0b$b70c32c0$2786a4d8@xxxxxxx>
From: "Mark Thompson" <mst1@xxxxxxxxx>
To: <metastock@xxxxxxxxxxxxx>
References: <001c01bf3929$c525e2a0$681d9cd1@xxxx>
Subject: Re: bull/bear fear- tested
Date: Wed, 1 Dec 1999 09:52:38 -0500
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Status:
Jeff,
I for one have been following your posts with great interest. In fact I
have ordered the article from TASC to see the original. I have a similare
system that I have developed on my own. It doesn't work quite as well as
the results that you have posted but it keeps me eating on a regular basis.
Thank you for being so open with your work!
Mark Thompson
mst1@xxxxxxxxx
----- Original Message -----
From: "Jeff" <jcob3@xxxxxxxxxxx>
To: <metastock@xxxxxxxxxxxxx>
Sent: Saturday, November 27, 1999 5:50 PM
Subject: Re: bull/bear fear- tested
> Michael:
>
> You do not say in your post what you tested the system on or what the
return
> generated was. My purpose in making my posts has been to generate
> discussion of a system that I have been successful in using. It may be
that
> some individuals are not psychologically suited to trade this system.
>
> The system is a trend follower that appears to get you in at the early in
a
> trend. If the trend breaks down for any reason, the system seems to take
> you out with relatively little pain, and there is a relatively high
> percentage of losing trades (usually around 50%). Therefore, the system
> seems to perform best on issues that are prone to make prolonged moves.
The
> trick is to find those issues. I do admit that the system is not perfect;
> for instance, it is my belief that the exit could be improved on winners
to
> preserve more profit. However, I've been unable to develop an alternative
> exit that improves the system return.
>
> I've posted the results of this system that have been generated over the
> past two months and believe they speak for themselves. The results
> should've, at least, been interesting enough to generate a little more
> discussion than they have up until now. I've been trading this system
> myself for about a year and have had good results. Even in the
> April-September period when everything seemed to stall and move sideways,
I
> was, at least able to hold my own and maintain my capital until the
October
> break-aways started to occur. For awhile, until I got bored with it, I
> phantom traded this system in the Yahoo Investment Challenge. I typically
> made about 20% a month using the system in that venue.
>
> At any rate, I take it from your comments that you are not thrilled with
the
> system. That's OK. If the general feeling of the group is such that they
> would rather not see my posts, that's OK too. Just let me know and I'll
> quietly crawl back into my hole. But in case you, or anyone else is
> interested, the following is the system as I use it.
>
> Buy
>
> n :=opt2{Time periods};
>
> BullFear := (HHV(HIGH,n) - LLV(HIGH,n))/2 + LLV(HIGH,n);
>
> Cross(CLOSE,bullfear) AND
> DX(10) > opt1
>
> Sell
>
> n :=opt2{Time periods};
>
> BearFear := (HHV(LOW,n) - LLV(LOW,n))/2 + LLV(LOW,n);
>
> CLOSE < bearfear
>
> Optimize the time periods from 10 to 50 in increments of 1 while testing
the
> DX from 5 to 30 in increments of 5 (you can do it in increments of 1 but
it
> takes longer). Once the Optimal time period is determined in this manner,
> then retest with the determined optimal time period and the DX in
increments
> of 1. Note that this system is intended to be a stop and reverse system
and
> you can use it to go short as well if you'd like to.
>
> Well, that's about all I have to say on the subject.
>
> Good trading
> Jeff
>
> -----Original Message-----
> From: michael arnoldi <marnoldi@xxxxxxxxxxxxx>
> To: A METASTOCK GROUP <metastock@xxxxxxxxxxxxx>
> Date: Saturday, November 27, 1999 12:50 PM
> Subject: bull/bear fear- tested
>
>
> >i hope that the formula is wrong, this is what i used, and did a test
> >using opt1 instead of n:
> >BUY
> >BullFear := (HHV(HIGH,opt1) - LLV(HIGH,opt1))/2 + LLV(HIGH,opt1);
> >Cross(CLOSE,BullFear)
> >
> >SELL
> >BearFear := (HHV(LOW,opt1) - LLV(LOW,opt1))/2 + LLV(LOW,opt1);
> >Cross(BearFear,CLOSE)
> >
> >opt1=10 to 30 with 1 point increments
> >
> >result 7 trades with 11 losses.
> >
> >not a system i would use.
> >comments are welcome.
> >
> >mike arnoldi
>
>
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