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Hi Preston,
Yes they are weekly data's. If you were to run the list of
exploartion data attached below you will find most of it listed and
done on the 23/12/04 closing did not meet the criteria.
What do you mean by placing the K% in one column and the D% in
another. Care to explain how to go about doing this, and what
exactly tour telling me about. Please forgive me I'm poor in the
metastock software, a newbie in this software.
thank you very much
--- In equismetastock@xxxxxxxxxxxxxxx, pumrysh <no_reply@xxxx> wrote:
>
> 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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