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Hi Preston,
Thank u very much, its so kind of u for ur efforts to post the Q&A
from the JAn Issue
KEEp IT UP!!! AND HAVE A VERY HAPPY TRADING NEW YEAR!!
ds2778
--- In equismetastock@xxxxxxxxxxxxxxx, pumrysh <no_reply@xxx> wrote:
>
> ds,
>
> You are a lucky person, Vervoort answers your question in the
> January '08 edition. See Below:
>
> Preston
>
>
>
> SVAPO (SHORT-TERM VOLUME AND PRICE OSCILLATOR)
> Editor,
>
> I enjoyed Sylvain Vervoort's article in the November 2007 issue of
> STOCKS & COMMODITIES on the SVAPO indicator ("Short-Term Volume And
> Price Oscillator"). I use MetaStock for all my technical analysis
> and am currently using MetaStock 10.
>
> I have entered all the info for the indicator, and I am particularly
> interested in the code for the MetaStock Expert that you presented
> in Figure 8. I like your concept of increasing price with increasing
> volume and then being able to identify the corrections with
> decreasing volume for the longs and then doing the complete reverse
> for the shorts.
>
> Can you tell me what the code is that allows the MetaStock Expert to
> create the single colored arrows in Figure 8?
>
> DJ Vatalero
>
> Sylvain Vervoort replies:
>
> Please note that all arrows on all the charts in the November 2007
> article on SVAPO are put on manually just to show the exact
> coincidence between price and SVAPO turning points. SVAPO is not
> meant to be used as a mechanical trading system. Please read how I
> apply the SVAPO in the December 2007 issue of S&C ("Short-Term
> Trading With SVAPO").
>
> Of course you could create an expert and an explorer function in
> MetaStock to give you a signal when SVAPO is turning up or down from
> below or from above the standard deviation line. But please only use
> it as a trigger to have a look at the chart. Do not use it for any
> automatic buying or selling!
>
> Here is an expert function for such a trigger:
>
> Up trigger:
>
>
> haO:=(Ref((O+H+L+C)/4,-1) + PREV)/2;
> haCl:=((O+H+L+C)/4+haO+Max((O+H+L+C)/4,Max(H,haO))+Min
> ((O+H+L+C)/4,Min(L,haO)))/4;
> period:= 8;
> cutoff:= 1;
> devH:= 1.5;
> devL:= 1.3;
> stdevper:= 100;
> haC:=Tema(haCl,period/1.6);
> vave:=Ref(Mov(V,period*5,S),-1);
> vmax:=vave*2;
> vc:=If(V<vmax,V,vmax);
> vtr:=Tema(LinRegSlope(V,period),period);
> SVAPO:=Tema(Sum(If(haC>(Ref(haC,-1)*(1+cutoff/1000)) AND
> Alert(vtr>=Ref(vtr,-1),2), vc, If(haC<(Ref(haC,-1)*(1-
> cutoff/1000)) AND
> Alert(vtr>Ref(vtr,-1),2),-vc,0)),period)/(vave+1),period);
> highdev:=devH*Stdev(SVAPO,stdevper);
> lowdev:=-devL*Stdev(SVAPO,stdevper);
> Alert(SVAPO<lowdev,2) AND Cross(SVAPO,Ref(SVAPO,-1))
>
> Down trigger:
>
>
> haO:=(Ref((O+H+L+C)/4,-1) + PREV)/2;
> haCl:=((O+H+L+C)/4+haO+Max((O+H+L+C)/4,Max(H,haO))+Min
> ((O+H+L+C)/4,Min(L,haO)))/4;
> period:= 8;
> cutoff:= 1;
> devH:= 1.5;
> devL:= 1.3;
> stdevper:= 100;
> haC:=Tema(haCl,period/1.6);
> vave:=Ref(Mov(V,period*5,S),-1);
> vmax:=vave*2;
> vc:=If(V<vmax,V,vmax);
> vtr:=Tema(LinRegSlope(V,period),period);
> SVAPO:=Tema(Sum(If(haC>(Ref(haC,-1)*(1+cutoff/1000)) AND
> Alert(vtr>=Ref(vtr,-1),2), vc, If(haC<(Ref(haC,-1)*(1-
> cutoff/1000)) AND
> Alert(vtr>Ref(vtr,-1),2),-vc,0)),period)/(vave+1),period);
> highdev:=devH*Stdev(SVAPO,stdevper);
> lowdev:=-devL*Stdev(SVAPO,stdevper);
> Alert(SVAPO>highdev,2) AND Cross(Ref(SVAPO,-1),SVAPO)
> See Figure 1 above for how this results on the chart.
>
> To create an explorer function in MetaStock, copy the up trigger
> into column A and the down trigger into column B, and in the filter
> section, just put "colA OR colB." You can then scan all your stocks
> for a SVAPO turning point.
>
> From my list of 10-baggers, I got (on November 4, 2007) the result
> shown in Figures 2a and 2b.
>
>
>
>
>
> --- In equismetastock@xxxxxxxxxxxxxxx, pumrysh <no_reply@> wrote:
> >
> > ds,
> >
> > The code was offered here in messages 26388 and 26293.
> > You can also find it in the traders tips section of the magazine.
> > The December article offered the rules only and they can be found
> in
> > that article. Both of the links are below.
> >
> > Preston
> >
> >
> >
> >
> http://www.traders.com/Documentation/FEEDbk_docs/Archive/112007/Trade
> > rsTips/TradersTips.html#metastock
> >
> >
> http://www.traders.com/Documentation/FEEDbk_docs/Archive/122007/Abstr
> > acts_new/Vervoort/vervoort.html
> >
> >
> >
> > --- In equismetastock@xxxxxxxxxxxxxxx, ds2778 <no_reply@> wrote:
> > >
> > > Hi, Pumrysh,Preston & senior members,
> > >
> > > I tried to build the SVAPO as shown in Nov 07 Issue of S&C but
> the
> > code
> > > provided was not full and Final (I guess!!) coz it only plots
> > indicator
> > > and not the entry & exit signals also I'm unable to plot the
> vol.
> > > smoothing as shown in Fig 8 page 23 of Nov07 issue of S&C (it
> > osillates
> > > betn -1 to 1 or 0 to 1 , I dont hv exact idea, ALSO as
> Mr,Vervoort
> > (-the
> > > author of the article) said that he will cover the entry/exit
> > > rules,entry/exit signals,deternination of tgts etc in the next
> > i.e. Dec
> > > 07 issue.
> > >
> > > So I request anybody who is having the Dec 07 S&C issue with the
> > > remaining code or the full code with all above qries covered pls
> > do
> > > post the same.
> > >
> > > Thanx
> > >
> > > ds2778
> > >
> >
>
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