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attached is a collection of parabolic improvements I have written. My
farorite is parabolic close only. The actual co version is a stricter
version of same. Also is one ("custom") that permits changing both start
val and accel val, as well as an indicator/function for applying parabolic
to indicators. Have fun!
Chris
----- Original Message -----
From: <kjh129@xxxxxxxxxx>
To: <omega-list@xxxxxxxxxx>
Sent: Friday, July 06, 2001 5:28 PM
Subject: Parabolic stop logic- Improvement?
> Hello Omega-list,
>
> This logic of the parabolic is supposed to create a "better" parabolic
indicator then the stanard one supplied by omega. I tried writing this
myself but not able to do so, so if someone is interested might be worth
exploring. From what i understand the logic is supplied from the one that
comes from Ensign. If anyone can create the code for this, i would
appreciate it.
>
>
> Parabolic stop logic
> Parameters
> Max - Acceleration Maximum. This limits the acceleration of the stop
> value towards the market price (usually 20).
> Acc - This value is added to the acceleration factor each period (usually
> 2). This increases the acceleration.
>
> Parabolic Stop Calculations
> InitialStop = High (when long) or Low (when short)
> Parabolic Stop = PreviousStop + (Acceleration Factor * (InitialStop
> -PreviousStop))
>
> Acceleration Factor = Previous Acceleration
> Factor + Acc (until Acceleration Factor = Acceleration Maximum)
>
> Regards,
> KJH
>
Attachment:
Description: "PARABOL.ELA"
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