[EquisMetaStock Group] Re: Make 'trustful' Peak/Trough levels

[pumrysh <no_reply@xxxxxxxxxxxxxxx>]

Spyros Raftopoulos did a good deal of work on this and has a 
validating indicator. Check the files for ZZ indicators...3 files all 
total.

Preston



--- In equismetastock@xxxxxxxxxxxxxxx, "dirk_boodts" <etrader@xxx> 
wrote:
>
> The Peak/trough indicator is very interesting but as you all know, 
> one should avoid it when using in a system because it's hindsight.
> 
> Although, I tought that Peak(1,C,5) must work (trustful) once the 
> stock declined enough from that peak en rises again. With other 
> words, once the trough(1,C,5) is made, then the Peak(1,C,5) can be 
> used in a system, no..?
> 
> I tried and yes indeed, once the close is back at the peak level it 
> means that the stock made a low and the peak will not change 
anymore.
> (am I correct?)
> 
> THE PROBLEM tough is that in realtime after giving a signal -for 
> example: C > Peak(1,C,5)  -  the next bar closes beyond the Peak 
and 
> the signal is gone.  If the next bar is closer higher, the signal 
> stays valid and we have a good signal.
> 
> Any comments?  How can we solve the problem that the signal doesn't 
> dissapear the next bar?
> 
> 
> rgds
>




 
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