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Lynn,
The K% value should have thrown the whole exploration out. The K%
value is not within the trigger values of 40 to 60. Rerun the
exploration and place K% in one column and the D% in another to see
what the values are. I'm willing to bet the data is not weekly but is
daily.
Preston
--- In equismetastock@xxxxxxxxxxxxxxx, "lynn14344" <darisr@xxxx>
wrote:
>
> Hi Preston
>
> The exploration was done on weekly chart, by the way for the K% is
> 29.58 and D% is 41.57 for the week of ending on the 23/12/04
trading
> day.
>
> The values should have been the opposite for the exploration to
work
> correctly. Hope you see the different result generated from the
> exploration formula.
>
>
>
> Thank you
>
>
>
>
> --- In equismetastock@xxxxxxxxxxxxxxx, pumrysh <no_reply@xxxx>
wrote:
> >
> > Lynn,
> >
> > Again, precision may be the problem.
> >
> > The values that I got for the day were 51.29 and 52.32. These are
> > very close and data differences along with rounding could account
> for
> > the problem.
> >
> > What values did you get for the %k and %D ?
> >
> > Preston
> >
> >
> >
> > --- In equismetastock@xxxxxxxxxxxxxxx, "lynn14344" <darisr@xxxx>
> > wrote:
> > >
> > > Hi Preston,
> > >
> > > Thanks for the help but its not the parameters but the results
> of
> > > the exploration that I'm concern with. WMT on the exploration
is
> > > showing the opposite of what the exploartion is suppose to do.
> The
> > > exploration formula was suppose to look for golden cross(
> meaning
> > K%
> > > greater than D%) but it gives a wrong result. The result it
> gives
> > is
> > > the value of D% is greater than the K%. Thats what I'm saying
> that
> > > the results is not accurate or the desired results are not met.
> > > And I'm seeking assistance to rectify this problem.
> > >
> > > Thank you and really hope to resolve this exploration problem.
> > >
> > > Thank you again for your kind assistance
> > >
> > >
> > >
> > >
> > >
> > > --- In equismetastock@xxxxxxxxxxxxxxx, pumrysh <no_reply@xxxx>
> > wrote:
> > > >
> > > > Lynn,
> > > >
> > > > Let me interject something that you may want to check.
> > > > The variables that Jose' used were:
> > > >
> > > > { Variables }
> > > > pdsK:=3;
> > > > pdsSlow:=14;
> > > > pdsD:=3;
> > > > threshold:=50;
> > > >
> > > > With these settings I got a STCH of 51.29 and a SIG of 52.32
> on
> > > WMT
> > > > for the 23rd. Changing the variables to the following:
> > > >
> > > > { Variables }
> > > > pdsK:=14;
> > > > pdsSlow:=3;
> > > > pdsD:=3;
> > > > threshold:=50;
> > > >
> > > > With these settings I got a STCH of 60.86 and a SIG of 53.25
> on
> > > WMT
> > > > for the 23rd.
> > > >
> > > > This is nothing more than a matter of taste as to how many
> > > stochastic
> > > > periods you use and how much smoothing you do. Some traders
> like
> > > the
> > > > former over the latter.
> > > >
> > > > The Signal condition should have kicked out WMT so I'm going
> to
> > > guess
> > > > that your data may be a little closer. Unless the precision
is
> > > > defined, metastock will round off the data which may have
> > happened
> > > in
> > > > your case. Check the precision function to see how this works.
> > > >
> > > > { Signal condition }
> > > > Stch>signal AND Stch>threshold-10 AND Stch<threshold+10
> > > >
> > > > By all means plot the indicator as Jose' suggest in another
> > window
> > > in
> > > > order to see the indicator at work.
> > > >
> > > >
> > > > Preston
> > > >
> > > >
> > > >
> > > >
> > > >
> > > >
> > > >
> > > >
> > > > --- In equismetastock@xxxxxxxxxxxxxxx, "lynn14344"
> <darisr@xxxx>
> > > > wrote:
> > > > >
> > > > > Hi Jose
> > > > >
> > > > > I'm sorry to say I dont understand what your trying to
> explain.
> > > I
> > > > > really am sorry. But if you look at the attached results
you
> > > will
> > > > > find that the results does not meet the required criteria.
> Any
> > > > > further simplier layman explaination please.
> > > > >
> > > > > Thank you
> > > > >
> > > > >
> > > > >
> > > > >
> > > > > --- In equismetastock@xxxxxxxxxxxxxxx, "Jose"
> > <josesilva22@xxxx>
> > > > > wrote:
> > > > > >
> > > > > > Lynn, plot these two *indicators* in their own window
> below
> > > your
> > > > > > charts:
> > > > > >
> > > > > > ---8<------------------
> > > > > > { Variables }
> > > > > > pdsK:=3;
> > > > > > pdsSlow:=14;
> > > > > > pdsD:=3;
> > > > > > threshold:=50;
> > > > > >
> > > > > > { Stochastic }
> > > > > > Stch:=Stoch(pdsK,pdsSlow);
> > > > > > signal:=Mov(Stch,pdsD,S);
> > > > > >
> > > > > > { Signal, Stochastic plot }
> > > > > > threshold-10;threshold+10;signal;Stch
> > > > > > ---8<------------------
> > > > > >
> > > > > > The first indicator plots a 3/14 Stochastic, 3EMA signal
> > line,
> > > as
> > > > > well
> > > > > > as the 60 and 40 threshold lines as per your suggestion.
> > > > > >
> > > > > > It's absolutely essential to keep a visual tab on our
> system
> > > > logic
> > > > > > with the aid of indicators, rather than take stabs in the
> > dark
> > > > > with
> > > > > > explorations alone.
> > > > > >
> > > > > >
> > > > > >
> > > > > > ---8<------------------
> > > > > > { Variables }
> > > > > > pdsK:=3;
> > > > > > pdsSlow:=14;
> > > > > > pdsD:=3;
> > > > > > threshold:=50;
> > > > > >
> > > > > > { Stochastic }
> > > > > > Stch:=Stoch(pdsK,pdsSlow);
> > > > > > signal:=Mov(Stch,pdsD,S);
> > > > > >
> > > > > > { Signal condition }
> > > > > > Stch>signal
> > > > > > AND Stch>threshold-10
> > > > > > AND Stch<threshold+10
> > > > > > ---8<------------------
> > > > > >
> > > > > > The second indicator is identical to the exploration
> filter
> > > code.
> > > > > >
> > > > > > It says:
> > > > > > Stochastic must be above its 3EMA signal line,
> > > > > > AND Stochastic must be greater than 40
> > > > > > AND Stochastic must be less than 60
> > > > > >
> > > > > > And that, is precisely what it does.
> > > > > >
> > > > > >
> > > > > > It's in the nature of computing that there is no room for
> > > > > ambiguity.
> > > > > > At the same time, computers are unable to second-guess us
> or
> > > make
> > > > > > decisions for us. It cannot give us "good results"
> without
> > > our
> > > > > full
> > > > > > input.
> > > > > >
> > > > > > The only possible efficiency improvement I can see here,
> has
> > > to
> > > > > > originate somewhere else outside the Metastock code. ;)
> > > > > >
> > > > > >
> > > > > > jose '-)
> > > > > >
> > > > > >
> > > > > > --- In equismetastock@xxxxxxxxxxxxxxx, "lynn14344"
> > > <darisr@xxxx>
> > > > > > wrote:
> > > > > > >
> > > > > > >
> > > > > > > Hi Jose
> > > > > > > This a list of stocks under the NYSE and if I do an
> > > exploration
> > > > > on
> > > > > > > the weekly chart based on the mentod you mentioned that
> is
> > > > > > >
> > > > > > > pdsK:=3;
> > > > > > > pdsSlow:=14;
> > > > > > > pdsD:=3;
> > > > > > > threshold:=50;
> > > > > > >
> > > > > > > { Stochastic }
> > > > > > > Stch:=Stoch(pdsK,pdsSlow);
> > > > > > > signal:=Mov(Stch,pdsD,S);
> > > > > > >
> > > > > > > { Signal condition }
> > > > > > > Stch>signal AND Stch>threshold-10 AND Stch<threshold+10
> > > > > > >
> > > > > > >
> > > > > > > After I did an exploartion based on the last thurs
> trading
> > > on
> > > > > NYSE
> > > > > > > 23/12/04, Only two out of all the stocks mentioned
below
> > > meets
> > > > > the
> > > > > > > criteria and the last one WMT doesnt meet it infact its
> in
> > > > > opposite
> > > > > > > direction.
> > > > > > >
> > > > > > > So this is what I meant by it does not give a good
> results.
> > > Any
> > > > > way
> > > > > > > of improving it for better efficiency.
> > > > > > >
> > > > > > > Security Name
> > > > > > > AIG AIG
> > > > > > > AOT AOT
> > > > > > > BMY BMY
> > > > > > > C C
> > > > > > > CPN CPN
> > > > > > > HPQ HPQ
> > > > > > > JPM JPM
> > > > > > > KO KO
> > > > > > > MWD MWD
> > > > > > > OHP OHP
> > > > > > > ONE ONE
> > > > > > > RAD RAD
> > > > > > > SGP SGP
> > > > > > > WMT WMT
> > > > > > >
> > > > > > > Thank you very much for taking your valuable time in
> > looking
> > > at
> > > > > my
> > > > > > > issue.
> > > > > > >
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