Preston, Could you code Steve's Standard error Channel system that
he
presented as his second method in the presentation and put it out
on this
forum? It would be much appreciated.
I liked the CMO3 on DIA. I think it
has some real merit if combined
with stops etc as he suggested. But I
think the second one had a
better equity curve.
Thanks,
--- In equismetastock@yahoogroups.com,
pumrysh <no_reply@xx.> wrote:
>
> Kees,
>
> The first formula would produce the div error. I would at least
> correct it with the divisor sum method that Roy gave us.
>
> Rather than a statue that would be exposed to birds and radicals
> could I just have a nice portrait. That way I wouldn't be exposed
to
> the elements. :-)
>
> Preston
>
>
>
> --- In equismetastock@yahoogroups.com,
"Kees Takkenberg"
> <c.a.takkenberg@> wrote:
>
>
> > So I better change the one I found in Metastock ( see first
mail
> beneath) for this CMO formula!
> >
> > Is
there a spot in some country we can use to build you a statue
>
Preston?
> > Not joking. I very much appreciate your enduring
help.
> >
> > Regards,Kees.
> >
> > N.B.
I'll look over the ppt presentation this weekend.
> > ----- Original
Message -----
> > From: pumrysh
> > To: equismetastock@yahoogroups.com
> > Sent: Friday, February 06, 2009 12:23 AM
> > Subject:
[EquisMetaStock Group] Re: About Mr.Karnish CMO3/DIA
> test
setup.
> >
> >
> > Here's another CMO
formula.
> > It incorporates an idea from Roy inorder to avoid the
Div by
zero
> > error. Also a link to another Karnish ppt
presentation.
> >
> > Preston
> >
> > http://www.cedarcreektrading.com/momentum052306.ppt
>
>
> > {Chande Momentum Oscillator}
> >
Periods:=Input("Periods",1,200,3);
> >
Up:=Sum((C-Ref(C,-1))*(C>Ref(C,-1)),Periods);
>
>
Down:=Sum((Ref(C,-1)-C)*(C<Ref(C,-1)),Periods);
>
> DS:=Up+Down;{divisor sum}
> >
ChandeMo:=(Up-Down)/(DS+(DS=0))*100;
> >
ChandeMo;{end}
> >
> > --- In equismetastock@yahoogroups.com,
"Kees Takkenberg"
> > <c.a.takkenberg@> wrote:
>
> >
> > > O.K. Preston,
> > >
> > >
Things are clear to me now.
> > >
> > > Thanks again
for your support , your advice and your time.
> > >
> >
> Regards, Kees.
> > >
> > >
> > >
----- Original Message -----
> > > From: pumrysh
> >
> To: equismetastock@yahoogroups.com
> > > Sent: Thursday, February 05, 2009 6:45 PM
> > >
Subject: [EquisMetaStock Group] Re: About Mr.Karnish
CMO3/DIA
>
> test setup.
> > >
> > >
> > >
Kees,
> > >
> > > Steve likes to feel very close to
his indicators and often
> > nicknames
> > > them. The
Chande Momentum Oscillator is a built-in indicator
> and
> >
is
> > > sometimes called the CMO. Steve calls it CMO3 because he
uses 3
> > > lookback periods. You can call the built-in
function by
using
> > > CMO(data,periods). If you should
decide to write a custom
> formula
> > or
> > >
use Steve's long version, once it is named you would use the
> >
formula
> > > call like this: Fml("CMO3")
> > >
> > > You could also use the built-in like this:
CMO(C,3);
> > >
> > > Since we know there are
division errors with the long
version
> of
> > the
> > > formula, I would simply use CMO(C,3); It is the same
thing.
> > >
> > > Preston
> > >
>
> > --- In equismetastock@yahoogroups.com,
"Kees Takkenberg"
> > > <c.a.takkenberg@>
wrote:
> > > >
> > > > Peston,
> > >
>
> > > > Thank you for your answers Preston.
> >
> >
> > > > So the "Sell short" was missing the
Cross-function.
> > > >
> > > > I understand I
can write whatever a name I want the
indicator
> > to
be?
> > > >
> > > > Am I wrong in thinking that
if I do not use the original
> > indicator
> > >
formula in a setup I have to use the Fml ( " ") function?
> > >
>
> > > > Because I don' t understand that only "CMO" works
.
> > > >
> > > > Regards,Kees.
> >
> >
> > > >
> > > > ----- Original
Message -----
> > > > From: pumrysh
> > > >
To: equismetastock@yahoogroups.com
> > > > Sent: Thursday, February 05, 2009 5:59 PM
> >
> > Subject: [EquisMetaStock Group] Re: About Mr.Karnish
CMO3/DIA
> > > test setup.
> > > >
> > > >
> > > > Kees,
> > > >
> > > >
1. Yes...but expect some division by zero errors with this
> >
formula
> > > >
> > > > 2. You could or you
could write:
> > > >
> > > > {CMO3}
>
> > > {Steve Karnish's CMO}
> > > > CMO(C,3);
>
> > >
> > > > 3. Much shorter to write CMO(C,3) and
not have to worry
about
> > the
> > > > division
error.
> > > >
> > > > 4. Sell short:
Cross(CMO(C,3),opt1)
> > > >
> > > >
Preston
> > > >
> > > > --- In equismetastock@yahoogroups.com,
"Kees Takkenberg"
> > > > <c.a.takkenberg@>
wrote:
> > > > >
> > > > > It seems I have
some lack in fundamentel formulae
> > > understanding.
>
> > > But I'm trying to do the test myself and I don't get it
right!
> > > > >
> > > > > E.g. the
first rule is: Buy: Cross(-opt1,CMO(C,3))
> > > > >
> > > > > In the indicatorbuilder I found this formula,
wich is
> > > > namend "Chande Momentum Oscillator".
>
> > > >
> > > > >
100*((Sum(If(C,>,Ref(C,-1),(C-Ref(C,-1)),0),14))-(Sum(If
>
> (C,<,Ref
> > > (C,-
> > > >
1),(Ref(C,-1)-C),0),14)))
/((Sum(If(C,>,Ref(C,-1),(C-Ref
(C,-
> > >
1)),0),14)
> > > >
+(Sum(If(C,<,Ref(C,-1),(Ref(C,-1)-C),0),14))))
>
> > > >
> > > > > Question:
> > >
> >
> > > > > 1. Because of the 3 periods Mr.Karnish
uses, should I
> change
> > > the 14
> > >
> into a 3?
> > > > > 2. Should I rename the "Chande
Momentum Oscillator"into
CMO.
> > > > > 3. By doing so,
the way to write the first rule (see
above)
> > > will
> > > > than be : Cross(-opt1, Fml( "CMO")), because I am
referring
> to
> > an
> > > > indicator
in the Indicatorlist?
> > > > > 4.Do I have to skip the
(C,3)) because I already have
> changed
> > a
> >
> 14
> > > > days period into a 3 one? Or must I see the
"CMO"as a
> complete
> > > entity
> > > >
and set the "(C,3)" stil behind it?
> > > > >
> >
> > > When writing the third rule , Sell short: ( CMO
(C,3),opt1)
> > into
> > > the
> > > > systemtester
"Metastock" correct me over and over again.
> > > > > Is the
word Cross missing here? Because Buy to cover is
> with
> >
> the
> > > > Crossfunction and I should say to sell short
is triggered
> when
> > > the
> > > > CMO
crosses the above triggerline!
> > > > >
> > >
> > I would also say that I very much appreciate Mr.Karnish
>
> webinar.
> > > > >
> > > > > And to
you all out there: I would really appreciate your
> help
> >
> on
> > > > this.
> > > > >
>
> > > > Regards,
> > > > >
> > >
> > Kees Takkenberg
> > > > >
> > >
>
> > >
> >
>