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Hi Preston and Super,
Thank you both for the support and advise given. It much greatly
appreciated and noted!!!!
After considering both sides of view points, i guess all i really want
to do is to run the explorer on either a quarterly or monthly time
frames and find stocks that have:
1) Last Price > EMA Price over the last 3 period, then if this
criteria is met, shorten the list to show stocks that ALSO HAVE;
2) Average Volume Rising for past 3 periods, then once both of these
criteria's are met shorten the list even further to show stocks that
ALSO HAVE;
3) Rising DI+
This way, i hope to have remaining the list of stocks that meet all 3
criteria's only.
Mark
--- In equismetastock@xxxxxxxxxxxxxxx, pumrysh <no_reply@xxx> wrote:
>
> Mark,
>
> Let me interject something.
>
> The ADX will tell you when you have a trend but not the direction of
> that trend.
>
> It is possible to have an accelerating ADX in a downtrend.
>
> The PDI and MDI can help identify whether the trend is bullish or
> bearish. A PDI greater than a MDI would be bullish.
>
> As far as the indicator that Super gave you, remember that it has a 5
> day smoothing lag and therefore will give a signal when the trend has
> become neutral.
>
> Hope this helps,
>
> Preston
>
>
>
>
> --- In equismetastock@xxxxxxxxxxxxxxx, markumansky <no_reply@>
> wrote:
> >
> > Hi Super,
> >
> > Thanks a lot. The explorer does work, but when i open the charts
> that
> > the explorer spits out, some of the charts how ADX decreasing not
> > increasing.
> >
> > So my question is why does it spit these charts out when the ADX is
> > falling? Shouldn't it reject these charts?
> >
> > Mark
> >
> > --- In equismetastock@xxxxxxxxxxxxxxx, superfragalist <no_reply@>
> > wrote:
> > >
> > > This formula I mentioned. It works fine in my explorer. If it
> doesn't
> > > work in your explorer, I have no idea why it's not working. Sounds
> > > like it's time to learn MS fundamental programming! If I were
> going to
> > > use this, I think I would test it!!
> > >
> > >
> > > A:=ADX(13);
> > > B:=Mov(a,5,S);
> > > M1:=Mov(C,13,S);
> > > V1:=Mov(V,13,S);
> > >
> > >
> > > X1:=If(Ref(b,-1)<b AND Ref(b,-2)<Ref(b,-1) AND Ref(b,-3)<Ref(b,-
> 2),1,0);
> > >
> > > X2:=If(Ref(m1,-1)<m1 AND Ref(m1,-2)<Ref(m1,-1) AND
> > > Ref(m1,-3)<Ref(m1,-2),1,0);
> > >
> > > X3:= If(Ref(v1,-1)<v1 AND Ref(v1,-2)<Ref(v1,-1) AND
> > > Ref(v1,-3)<Ref(v1,-2),1,0);
> > >
> > > X1=1 AND X2=1 AND X3=1
> > >
> > > Super
> > >
> > >
> > >
> > >
> > > --- In equismetastock@xxxxxxxxxxxxxxx, markumansky <no_reply@>
> wrote:
> > > >
> > > > Hi Super,
> > > >
> > > > Thanks for your assistance but no matter what i do, i still can
> not
> > > > get the exploere to spit out stocks that show rising ave.price
> with
> > > > rising ave.volume with rising ADX (or similar indicator).
> > > >
> > > > What am i missing?
> > > >
> > > > Mark
> > > >
> > > >
> > > > --- In equismetastock@xxxxxxxxxxxxxxx, superfragalist
> <no_reply@>
> > > > wrote:
> > > > >
> > > > > Okay, rising ADX(13) for three periods.
> > > > >
> > > > > A:=ADX(13);
> > > > > B:=Mov(a,5,S);
> > > > >
> > > > > X:=if(ref(b,-1)<b and ref(b,-2)<ref(b,-1) and
> > ref(b,-3)<ref(b,-2) ,
> > > > > 1,0);
> > > > > X=1
> > > > >
> > > > > You have to use a moving average of the ADX because the ADX
> doesn't
> > > > > move up in a straight line, by using a moving avg, you are
> more
> > likely
> > > > > to catch a truly rising ADX and not miss some that have been
> thrown
> > > > > off because they retreated during one of the three days by a
> very
> > > > > insignificant amount.
> > > > >
> > > > > The other constraints work exactly the same way.
> > > > >
> > > > > It still looks to me like you're trying to find trending
> stocks.
> > > > >
> > > > > Apparently you didn't try the formula I gave you. Oh well!
> > > > >
> > > > > Super
> > > > >
> > > > >
> > > > >
> > > > >
> > > > > --- In equismetastock@xxxxxxxxxxxxxxx, markumansky <no_reply@>
> > wrote:
> > > > > >
> > > > > > Thanks Super,
> > > > > >
> > > > > > Perhaps i am not explaining my self properly, so excuse the
> > "idiot"
> > > > > in me.
> > > > > >
> > > > > > All i wish to do, is run a scan over stocks that have the
> > following
> > > > > > attributes:
> > > > > >
> > > > > > 1) AVERAGE PRICE(13) HAS INCREASED OVER THE LAST 3 PERIODS;
> &
> > > > > > 2) AVERAGE VOLUME(13) HAS INCREASED OVER THE LAST 3
> PERIODS; &
> > > > > > 3) ADX(13) HAS INCREASED OVER THE LAST 3 PERIODS; &.
> > > > > >
> > > > > > Then produce the results.
> > > > > >
> > > > > > {I understand that the ADX indicator may not provide the
> best
> > > results
> > > > > > so i am willing to use PDI or another custom indicator to do
> > the job
> > > > > > of confirming up-trend existance}
> > > > > >
> > > > > > I hope this explains it clearer.
> > > > > >
> > > > > > Help (from anyone) on putting this formula together, would
> be
> > > greatly
> > > > > > appreciated!
> > > > > >
> > > > > > Thanks & Best Regards,
> > > > > > Mark
> > > > > >
> > > > > >
> > > > > > --- In equismetastock@xxxxxxxxxxxxxxx, superfragalist
> <no_reply@>
> > > > > > wrote:
> > > > > > >
> > > > > > > Okay, Rising ADX.
> > > > > > >
> > > > > > > A:=ADX(13);
> > > > > > > B:=Mov(a,5,S);
> > > > > > >
> > > > > > > X:=if(ref(b,-1)<b and ref(b,-2)<ref(b,-1), 1,0);
> > > > > > > X=1
> > > > > > >
> > > > > > >
> > > > > > > Tweak it out to whatever assurance you want it is rising.
> > > > > > >
> > > > > > > However, that method of finding trend stocks doesn't look
> very
> > > good.
> > > > > > > But it ain't my money.
> > > > > > >
> > > > > > > I would try this in the explorer.
> > > > > > >
> > > > > > > RisingMF:=(C-Mov(C,20,S))/ Stdev(C,20);
> > > > > > >
> > > > > > > RisingMF2:=Alert(H=HHV(H,60),1);
> > > > > > >
> > > > > > > RisingMF>0 AND RisingMF2=1
> > > > > > >
> > > > > > > Change the alert from 1 to 10 depending on your
> preference for
> > > where
> > > > > > > in the trend you find them.
> > > > > > >
> > > > > > > You can also use it as a trend ribbon or a highlight
> line.
> > > > > > >
> > > > > > > I'll post my paypal account where you can send the money.
> > > > > > >
> > > > > > > Super
> > > > > > >
> > > > > > >
> > > > > > >
> > > > > > >
> > > > > > >
> > > > > > >
> > > > > > >
> > > > > > >
> > > > > > >
> > > > > > >
> > > > > > > --- In equismetastock@xxxxxxxxxxxxxxx, pumrysh <no_reply@>
> > wrote:
> > > > > > > >
> > > > > > > > Mark,
> > > > > > > >
> > > > > > > > You should also be aware of the fact that the canned
> > formula for
> > > > > the
> > > > > > > > ADX is prone to errors and the better resolve is to use
> > the one
> > > > > that
> > > > > > > > Roy provided several months ago if you decide to stick
> with
> > > > the ADX.
> > > > > > > >
> > > > > > > > Hope this helps,
> > > > > > > >
> > > > > > > > Preston
> > > > > > > >
> > > > > > > >
> > > > > > > >
> > > > > > > > --- In equismetastock@xxxxxxxxxxxxxxx, pumrysh
> <no_reply@>
> > > wrote:
> > > > > > > > >
> > > > > > > > > Mark,
> > > > > > > > >
> > > > > > > > > Several reasons but the primary one is Wilders
> smoothing
> > > > which is
> > > > > > > > > similar to an exponential. Bottomline is to load more
> bars
> > > > in the
> > > > > > > > > exploration. Also consider using the PDI instead of
> the ADX.
> > > > The
> > > > > > > > PDI
> > > > > > > > > is a component of the ADX but not smoothed as much
> > meaning it
> > > > > will
> > > > > > > > be
> > > > > > > > > more sensitive.
> > > > > > > > >
> > > > > > > > > Preston
> > > > > > > > >
> > > > > > > > >
> > > > > > > > >
> > > > > > > > > --- In equismetastock@xxxxxxxxxxxxxxx, markumansky
> > > <no_reply@>
> > > > > > > > > wrote:
> > > > > > > > > >
> > > > > > > > > > Thank you Preston,
> > > > > > > > > >
> > > > > > > > > > However, when i run the explorer it return charts
> that
> > have
> > > > > > > > falling
> > > > > > > > > > ADX(13) not Rising?
> > > > > > > > > >
> > > > > > > > > > Mark
> > > > > > > > > >
> > > > > > > > > > --- In equismetastock@xxxxxxxxxxxxxxx, pumrysh
> <no_reply@>
> > > > > wrote:
> > > > > > > > > > >
> > > > > > > > > > > Mark,
> > > > > > > > > > >
> > > > > > > > > > > Try this:
> > > > > > > > > > >
> > > > > > > > > > > A1:=mov(close,13,E);
> > > > > > > > > > > A2:=mov(volume,13,E);
> > > > > > > > > > > A3:=adx(13);
> > > > > > > > > > >
> > > > > > > > > > > A1 > ref(A1,-1) and
> > > > > > > > > > > A2 > ref(A2,-1) and
> > > > > > > > > > > A3 > ref(A3,-1)
> > > > > > > > > > >
> > > > > > > > > > > Would be all three at once.
> > > > > > > > > > >
> > > > > > > > > > > If you want to do each in its own column
> > > > > > > > > > >
> > > > > > > > > > > A1:=mov(close,13,E);
> > > > > > > > > > > A1 > ref(A1,-1)
> > > > > > > > > > >
> > > > > > > > > > >
> > > > > > > > > > > Preston
> > > > > > > > > > >
> > > > > > > > > > >
> > > > > > > > > > > --- In equismetastock@xxxxxxxxxxxxxxx, markumansky
> > > > > <no_reply@>
> > > > > > > > > wrote:
> > > > > > > > > > > >
> > > > > > > > > > > > Can any one assist in writing of an explorer
> that
> > would
> > > > > scan
> > > > > > > > > charts
> > > > > > > > > > > for:
> > > > > > > > > > > >
> > > > > > > > > > > > 1) Rising EMA(13) Price; &
> > > > > > > > > > > > 2) Rising EMA(13) Volume; &
> > > > > > > > > > > > 3) Rising ADX (13).
> > > > > > > > > > > >
> > > > > > > > > > > > Then produce the results?
> > > > > > > > > > > >
> > > > > > > > > > > > Thanks for your assistance in advance!!!!!
> > > > > > > > > > > >
> > > > > > > > > > > > Mark
> > > > > > > > > > > >
> > > > > > > > > > >
> > > > > > > > > >
> > > > > > > > >
> > > > > > > >
> > > > > > >
> > > > > >
> > > > >
> > > >
> > >
> >
>
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