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[EquisMetaStock Group] Re: Rising ADX for 3 Periods in a Row



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Once again thank you Preston.

--- In equismetastock@xxxxxxxxxxxxxxx, pumrysh <no_reply@xxx> wrote:
>
> Mark,
> 
> You're quite welcome!
> 
> I think the indicators that Super gave you will work just fine with 
> one exception. I would change the ADX to the PDI(13). So the change  
> would be to:
> A:=PDI(13);
> If you want to assure a trend you could keep the ADX and look for a 
> value from it over the traditionally held value of 20 but thats 
> really redundant given the rest of the indicators you would be using.
> 
> Hope this helps,
> 
> Preston
> 
>  
> 
> --- In equismetastock@xxxxxxxxxxxxxxx, markumansky <no_reply@> 
> wrote:
> >
> > 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@> 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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