[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]

OdBall Modification



PureBytes Links

Trading Reference Links

Then try changing the H[1] to H[0] and L[1] to L[0], reverify signal and
strategy and test.  I've also noticed sometimes that it is necessary to
remove the strategy from the chart and reinsert it for the new changes to
take effect.  I don't think that is supposed to be the case, but it is a
safeguard that TS is not screwing up.

bobr
=====================================

Try this backtestors.  Oddball can be early with its signals so once the
signal is true then buy on a stop to delay the signal until price is moving
in the direction of the signal.  Remember, natural hour bars, sp or spx in
data1, advancing issues in data2.  Perhaps someone with lots of good clean
data will post a comparison using the trade on a stop versus just buying or
selling when the ROC conditions are satisfied.

Inputs: BZ(3),SZ(1);

If RateOfChange(close of data2,7)>BZ then buy at H[1] stop;
If RateOfChange(close of data2,7)<SZ then sell at L[1] stop;

bobr