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--- In equismetastock@xxxxxxxxxxxxxxx, "Paul Harris"
<paul_vicmar@xxx> wrote:
>
> AHA.....So the DEMA is the same as the Zero Lag EMA, at least as
far
> as my system test is concerned(profit for both systems returned
> exactly the same number - down to the last decimal point)
>
> PAUL
>
> --- In equismetastock@xxxxxxxxxxxxxxx, pumrysh <no_reply@> wrote:
> >
> > Paul,
> >
> > Works for me!
> >
> > If you want to add a touch of volume why not use a volume
adjusted
> > moving average instead of the exponential? Its quick and simple.
> >
> > Playing around with moving averages can be a lot of fun. In the
end
> > though I think you will need to weigh the value and benefit of
the
> > exercise. Always keep in mind that lag is the enemy. It should
be
> > minimized if the MA is to be of any value.
> >
> > You should also consider if the formula can be written any
> > differently. What happens when we compare the Zero Lag to a DEMA?
> >
> > Enjoy yourself,
> >
> > Preston
> >
> >
> > --- In equismetastock@xxxxxxxxxxxxxxx, "Paul Harris"
> > <paul_vicmar@> wrote:
> > >
> > > Preston
> > >
> > > So have had a chance to play around with the system test. And
have
> > > thought of an improvement on your idea.
> > >
> > > {ZLEMA(Zero Lag EMA1)}
> > > EMA1:= Mov(CLOSE,opt1,E);
> > > EMA2:= Mov(EMA1,opt1,E);
> > > Difference:= EMA1 - EMA2;
> > > ZeroLagEMA1:= EMA1 + Difference;
> > > {ZLEMA(Zero Lag EMA2)}
> > > EMA1:= Mov(CLOSE,opt2,E);
> > > EMA2:= Mov(EMA1,opt2,E);
> > > Difference:= EMA1 - EMA2;
> > > ZeroLagEMA2:= EMA1 + Difference;
> > > Cross(ZeroLagEMA1,ZeroLagEMA2)
> > >
> > > All we have done is to create two separate ZLEMAs. One which
would
> > be
> > > a short term MA and the second one which would be a long term
MA.
> > And
> > > then to use the cross function to identify the buy when one
crosses
> > > the other.
> > >
> > > Provisionally at the moment it looks to perform better than a
> > normal
> > > MA crossover system. A more detailed inspection neeeded.
> > >
> > > So I was thinking to combine this kind of MA system with the
> > addition
> > > of another indicator by using the "AND" function. I was
thinking of
> > > using a volume based indicator that measures volume and price
> > movement
> > > i.e OBV or Price Volume Trend and maybe a momentum indicator
like
> > > Chaikin´s Volatality.
> > >
> > > Preston, or anyone reading in, if you have advice about choice
of
> > > indicators to choose or how to combine the indicators
together, I
> > > would be most grateful.
> > >
> > > Yours
> > > PAUL
> > >
> > >
> > >
> > >
> > >
> > >
> > >
> > > --- In equismetastock@xxxxxxxxxxxxxxx, pumrysh <no_reply@>
wrote:
> > > >
> > > > Paul,
> > > >
> > > > Its a pleasure. We always have room for young talent to
embrace
> > what
> > > > we can do with Metastock and to contribute to our future.
> > > >
> > > >
> > > > Preston
> > > >
> > > >
> > > >
> > > >
> > > > --- In equismetastock@xxxxxxxxxxxxxxx, "Paul Harris"
> > > > <paul_vicmar@> wrote:
> > > > >
> > > > > Preston
> > > > >
> > > > > Success. It seems to work OK. It´s late here in Spain so
I´m
> > going
> > > > to
> > > > > leave it to the morning. I´ll write back with some results
and
> > let
> > > > you
> > > > > know.
> > > > >
> > > > > If I haven´t said so already, very grateful for your
patience.
> > > > > Hopefully we can put up something like the Zero Lag MACD
> > > > Exploration
> > > > > and Expert so that others may benefit as well.
> > > > > Yours
> > > > >
> > > > > PAUL
> > > > >
> > > > >
> > > > >
> > > > > --- In equismetastock@xxxxxxxxxxxxxxx, pumrysh <no_reply@>
> > wrote:
> > > > > >
> > > > > > Paul,
> > > > > >
> > > > > > Try this:
> > > > > >
> > > > > > {ZLEMA(Zero Lag EMA)}
> > > > > > EMA1:= Mov(CLOSE,opt1,E);
> > > > > > EMA2:= Mov(EMA1,opt2,E);
> > > > > > Difference:= EMA1 - EMA2;
> > > > > > ZeroLagEMA:= EMA1 + Difference;
> > > > > > Cross(ZeroLagEMA,Mov(ZeroLagEMA,opt3,E))
> > > > > >
> > > > > >
> > > > > > --- In equismetastock@xxxxxxxxxxxxxxx, "Paul Harris"
> > > > > > <paul_vicmar@> wrote:
> > > > > > >
> > > > > > > Preston
> > > > > > >
> > > > > > > So the exact formula for the ZLEMA(Zero Lag EMA) is as
we
> > have
> > > > used
> > > > > > > before.
> > > > > > >
> > > > > > > Period:= Input("What Period",1,250,10);
> > > > > > > EMA1:= Mov(CLOSE,Period,E);
> > > > > > > EMA2:= Mov(EMA1,Period,E);
> > > > > > > Difference:= EMA1 - EMA2;
> > > > > > > ZeroLagEMA:= EMA1 + Difference;
> > > > > > > ZeroLagEMA
> > > > > > >
> > > > > > > PAUL
> > > > > > >
> > > > > > >
> > > > > > >
> > > > > > >
> > > > > > >
> > > > > > >
> > > > > > > --- In equismetastock@xxxxxxxxxxxxxxx, pumrysh
<no_reply@>
> > > > wrote:
> > > > > > > >
> > > > > > > > Paul,
> > > > > > > >
> > > > > > > > Post your exact formulas for me.
> > > > > > > >
> > > > > > > > Preston
> > > > > > > >
> > > > > > > >
> > > > > > > > --- In equismetastock@xxxxxxxxxxxxxxx, "Paul Harris"
> > > > > > > > <paul_vicmar@> wrote:
> > > > > > > > >
> > > > > > > > > Preston
> > > > > > > > >
> > > > > > > > > OK had a look and couple of points arise.
> > > > > > > > > (ZLEMA=Zero Lag EMA)
> > > > > > > > > The Indicator builder does not allow me to change
the
> > > > period
> > > > > > > funtion
> > > > > > > > > in the ZLEMA formula to, in our example, "opt1".
> > > > > > > > >
> > > > > > > > > The other thing:
> > > > > > > > > "Cross(ZeroLagEMA,Mov(ZeroLagEMA,opt2,E))"
> > > > > > > > >
> > > > > > > > > Whilst the first ZLEMA would be optimised, the
second
> > > > ZLEMA
> > > > > > would
> > > > > > > be
> > > > > > > > > an optimsed EMA of the ZLEMA.
> > > > > > > > > Would it not be possible to create two ZLEMA
formulas,
> > > > ZLEMA1
> > > > > > > (short)
> > > > > > > > > and ZLEMA2(long). I am sure that it is possible,
the
> > trick
> > > > is
> > > > > > how
> > > > > > > to
> > > > > > > > > optimise them.
> > > > > > > > >
> > > > > > > > > Gracias
> > > > > > > > > PAUL
> > > > > > > > >
> > > > > > > > >
> > > > > > > > >
> > > > > > > > >
> > > > > > > > > --- In equismetastock@xxxxxxxxxxxxxxx, pumrysh
> > <no_reply@>
> > > > > > wrote:
> > > > > > > > > >
> > > > > > > > > > Paul,
> > > > > > > > > >
> > > > > > > > > > Sure. Look at Equis - CCI +100/-100 Crossover
tester
> > and
> > > > > > check
> > > > > > > > those
> > > > > > > > > > buy and sell tabs.
> > > > > > > > > >
> > > > > > > > > > In the original formula you would cange the
input
> > value
> > > > to
> > > > > > and
> > > > > > > > opt#
> > > > > > > > > > value like this:
> > > > > > > > > >
> > > > > > > > > > Period:= opt1;
> > > > > > > > > > EMA1:= Mov(CLOSE,Period,E);
> > > > > > > > > > EMA2:= Mov(EMA1,Period,E);
> > > > > > > > > > Difference:= EMA1 - EMA2;
> > > > > > > > > > ZeroLagEMA:= EMA1 + Difference;
> > > > > > > > > > ZeroLagEMA
> > > > > > > > > >
> > > > > > > > > > Then the Buy Order is:
> > > > > > > > > >
> > > > > > > > > > Period:= opt1;
> > > > > > > > > > EMA1:= Mov(CLOSE,Period,E);
> > > > > > > > > > EMA2:= Mov(EMA1,Period,E);
> > > > > > > > > > Difference:= EMA1 - EMA2;
> > > > > > > > > > ZeroLagEMA:= EMA1 + Difference;
> > > > > > > > > > ZeroLagEMA
> > > > > > > > > > Cross(ZeroLagEMA,Mov(ZeroLagEMA,opt2,E))
> > > > > > > > > >
> > > > > > > > > > Make it easy on yourself and run this with a non
> > > > optimized
> > > > > > sell
> > > > > > > > then
> > > > > > > > > > optimize the sell side.
> > > > > > > > > >
> > > > > > > > > > Preston
> > > > > > > > > >
> > > > > > > > > >
> > > > > > > > > >
> > > > > > > > > >
> > > > > > > > > > --- In equismetastock@xxxxxxxxxxxxxxx, "Paul
Harris"
> > > > > > > > > > <paul_vicmar@> wrote:
> > > > > > > > > > >
> > > > > > > > > > > Preston
> > > > > > > > > > >
> > > > > > > > > > > Thanxs for the walkthrough. I understand the
logic
> > of
> > > > what
> > > > > > > you
> > > > > > > > have
> > > > > > > > > > > done but I would prefer to optimise on the
> > original
> > > > formula
> > > > > > > of
> > > > > > > > Zero
> > > > > > > > > > > Lag EMA instead of a moving average of Zero
Lag
> > EMA.
> > > > > > > > > > > The original formula that we have been using
is
> > the
> > > > > > > following :
> > > > > > > > > > >
> > > > > > > > > > > Period:= Input("What Period",1,250,10);
> > > > > > > > > > > EMA1:= Mov(CLOSE,Period,E);
> > > > > > > > > > > EMA2:= Mov(EMA1,Period,E);
> > > > > > > > > > > Difference:= EMA1 - EMA2;
> > > > > > > > > > > ZeroLagEMA:= EMA1 + Difference;
> > > > > > > > > > > ZeroLagEMA
> > > > > > > > > > >
> > > > > > > > > > > I understand that the "mov" function will
allow
> > you to
> > > > only
> > > > > > > use
> > > > > > > > the
> > > > > > > > > > > moving averages listed in Metastock i.e EXP,
SIM,
> > WEI,
> > > > etc
> > > > > > > and
> > > > > > > > not
> > > > > > > > > > in
> > > > > > > > > > > this case our Zero Lag EMA so would it be
possible
> > to
> > > > use
> > > > > > > > > > the "cross"
> > > > > > > > > > > function. So that the logic would be:
> > > > > > > > > > > Buy when the optimised Zero Lag EMA(shorter)
> > crosses
> > > > over
> > > > > > the
> > > > > > > > > > optimised
> > > > > > > > > > > Zero Lag EMA(longer). And conversely sell when
the
> > > > longer
> > > > > > > > crosses
> > > > > > > > > > the
> > > > > > > > > > > shorter.
> > > > > > > > > > >
> > > > > > > > > > > Yours
> > > > > > > > > > > PAUL
> > > > > > > > > > >
> > > > > > > > > > > --- In equismetastock@xxxxxxxxxxxxxxx, pumrysh
> > > > <no_reply@>
> > > > > > > > wrote:
> > > > > > > > > > > >
> > > > > > > > > > > > Paul,
> > > > > > > > > > > >
> > > > > > > > > > > > Let's see if we can provide some recap
> > information
> > > > for
> > > > > > > anyone
> > > > > > > > > > else
> > > > > > > > > > > > wishing to take part in this. The indicators
> > were
> > > > listed
> > > > > > by
> > > > > > > > you
> > > > > > > > > > in
> > > > > > > > > > > > message 24953.
> > > > > > > > > > > >
> > > > > > > > > > > > As I remember we had several indicators from
> > which
> > > > to
> > > > > > take
> > > > > > > > > > signals. We
> > > > > > > > > > > > had a MACD that we made using the ZeroLag
EMA
> > and we
> > > > also
> > > > > > > > took
> > > > > > > > > > the
> > > > > > > > > > > > ZeroLag MACD and normalized it.
> > > > > > > > > > > >
> > > > > > > > > > > > Now we want to do an exploration and
optimize
> > some
> > > > values
> > > > > > > to
> > > > > > > > see
> > > > > > > > > > what
> > > > > > > > > > > > performs best.
> > > > > > > > > > > >
> > > > > > > > > > > > This was always a lot of fun but also
consumed
> > large
> > > > > > > amounts
> > > > > > > > of
> > > > > > > > > > time.
> > > > > > > > > > > > Even so you have to walk through it just to
see
> > how
> > > > it
> > > > > > > works.
> > > > > > > > > > > > Optimization is not widely favored, so just
> > realize
> > > > that
> > > > > > > > there
> > > > > > > > > > are a
> > > > > > > > > > > > lot of critics out there. There are no
hardened
> > > > rules to
> > > > > > > > > > optimizing as
> > > > > > > > > > > > any value is fair game but just realize that
it
> > is
> > > > far
> > > > > > > better
> > > > > > > > to
> > > > > > > > > > run
> > > > > > > > > > > > your test on a smaller number of values and
if
> > you
> > > > have
> > > > > > to
> > > > > > > > run
> > > > > > > > > > your
> > > > > > > > > > > > test several times thats quite alright.
> > > > > > > > > > > >
> > > > > > > > > > > > You have chosen the ZeroLag EMA and a moving
> > average
> > > > > > > > crossover.
> > > > > > > > > > Easy
> > > > > > > > > > > > enough. First go into the system tester and
> > first
> > > > thing
> > > > > > you
> > > > > > > > > > notice is
> > > > > > > > > > > > that there already are some test included.
Let's
> > > > take a
> > > > > > > look
> > > > > > > > at
> > > > > > > > > > the
> > > > > > > > > > > > Equis-moving average crossover...open it.
Open
> > the
> > > > Buy
> > > > > > > Order
> > > > > > > > > > tag. What
> > > > > > > > > > > > you will see is:
> > > > > > > > > > > >
> > > > > > > > > > > > Mov(C,opt1,E) > Mov(C,opt2,E)
> > > > > > > > > > > >
> > > > > > > > > > > > Next click on the Optimizations tag and look
at
> > the
> > > > > > values
> > > > > > > > > > assigned
> > > > > > > > > > > > for opt1 and opt2.
> > > > > > > > > > > >
> > > > > > > > > > > > In order to use the Zero Lag EMA all you
will
> > need
> > > > to do
> > > > > > is
> > > > > > > > > > replace
> > > > > > > > > > > > the Close or C with an assigned variable for
the
> > fml
> > > > > > ("Zero
> > > > > > > > Lag
> > > > > > > > > > EMA").
> > > > > > > > > > > > Like this:
> > > > > > > > > > > >
> > > > > > > > > > > > A:= fml("Zero Lag EMA");
> > > > > > > > > > > >
> > > > > > > > > > > > Now just reference it in your system test.
Like
> > this:
> > > > > > > > > > > >
> > > > > > > > > > > > A:= fml("Zero Lag EMA");
> > > > > > > > > > > > A > Mov(A,opt1,E)
> > > > > > > > > > > >
> > > > > > > > > > > > This will leave the original formula intact
and
> > you
> > > > will
> > > > > > be
> > > > > > > > > > optimizing
> > > > > > > > > > > > on the moving average of it. If you want to
> > optimize
> > > > the
> > > > > > > > > > original
> > > > > > > > > > > > formula you must include it in your test
formula
> > > > instead
> > > > > > of
> > > > > > > > just
> > > > > > > > > > the
> > > > > > > > > > > > fml call variable. Notice in the example
above
> > that
> > > > all
> > > > > > we
> > > > > > > > did
> > > > > > > > > > was
> > > > > > > > > > > > place an opt# where a numeric value would
> > normally
> > > > go.
> > > > > > > > > > > >
> > > > > > > > > > > > I would be careful about over-optimizing
though.
> > The
> > > > > > > results
> > > > > > > > are
> > > > > > > > > > > > really going to be the result of how well
the
> > > > formula
> > > > > > > > performs
> > > > > > > > > > on a
> > > > > > > > > > > > particular stock or group of stocks during a
> > > > particular
> > > > > > > > period
> > > > > > > > > > of time
> > > > > > > > > > > > and may not be an indication of how well
future
> > > > > > performance
> > > > > > > > can
> > > > > > > > > > be
> > > > > > > > > > > > determined. Best to try the test on stocks
of
> > > > varying
> > > > > > > > > > performance and
> > > > > > > > > > > > use those as a benchmark. This is really
where
> > most
> > > > > > > criticism
> > > > > > > > > > comes
> > > > > > > > > > > > from.
> > > > > > > > > > > >
> > > > > > > > > > > > That should get you going, Let us know how
it
> > goes.
> > > > > > > > > > > >
> > > > > > > > > > > >
> > > > > > > > > > > > Preston
> > > > > > > > > > > >
> > > > > > > > > > > >
> > > > > > > > > > > >
> > > > > > > > > > > >
> > > > > > > > > > > >
> > > > > > > > > > > > --- In equismetastock@xxxxxxxxxxxxxxx, "Paul
> > Harris"
> > > > > > > > > > <paul_vicmar@>
> > > > > > > > > > > > wrote:
> > > > > > > > > > > > >
> > > > > > > > > > > > > Some weeks ago Preston and I worked on an
> > > > exploration
> > > > > > and
> > > > > > > > > > expert
> > > > > > > > > > > > > advisor for a Zero Lag MACD.
> > > > > > > > > > > > > So I was looking at using a Zero Lag EMA
in a
> > > > system
> > > > > > > test,
> > > > > > > > > > similar to
> > > > > > > > > > > > > a MA crossover. My only problem is that I
want
> > to
> > > > use
> > > > > > the
> > > > > > > > > > optimiser
> > > > > > > > > > > > to
> > > > > > > > > > > > > find the best time periods for Zero Lag
EMA
> > and I
> > > > don´t
> > > > > > > > know
> > > > > > > > > > how to
> > > > > > > > > > > > do it.
> > > > > > > > > > > > > I know I have to indentify the Zero Lag
EMA as
> > fml
> > > > > > ("Zero
> > > > > > > > Lag
> > > > > > > > > > EMA")but
> > > > > > > > > > > > > then how can I introduce the opt1 function?
> > > > > > > > > > > > > Some help would be greatly appreciated.
> > > > > > > > > > > > > Thanxs
> > > > > > > > > > > > > PAUL
> > > > > > > > > > > > >
> > > > > > > > > > > >
> > > > > > > > > > >
> > > > > > > > > >
> > > > > > > > >
> > > > > > > >
> > > > > > >
> > > > > >
> > > > >
> > > >
> > >
> >
>
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