Experiments in Technical Analysis

[vsparikh]

TA is and have been a wonderful and proven in trading/investment decisions. One needs to develop the strategies through a learning process by going thriough historical charts and and systems available in many softwares whereby one can CUTOFF to any periods to learn.
One needs to apply what one has learned in TA to the cutoff historical data and think and conclude through own developed skill as to what could be the shape or developments next day.
A well developed TA skill with proven ways of adopting the same should work wonders in any circumstances while Trading/Investing

 

[karthikmarar]

Vikram

Your formula for average volume is wrong. Try this code


_SECTION_BEGIN("AVG VOL");

V1 = TimeFrameGetPrice("V", inDaily, -1);
Avgvol = MA(V,30);
Plot(V," VOLUME",ParamColor("Color", colorBlueGrey ), styleHistogram| styleThick );
PlotOHLC( Avgvol, Avgvol, 0, 0, "", 31,styleCloud );

_SECTION_END();

 

[vvvv]

Vikram

Your formula for average volume is wrong. Try this code


_SECTION_BEGIN("AVG VOL");

V1 = TimeFrameGetPrice("V", inDaily, -1);
Avgvol = MA(V,30);
Plot(V," VOLUME",ParamColor("Color", colorBlueGrey ), styleHistogram| styleThick );
PlotOHLC( Avgvol, Avgvol, 0, 0, "", 31,styleCloud );

_SECTION_END();

thnks for correcting the code..
cloud is stll not transparent...cant see the volume histogram bars below the cloud.
maybe some setting of mine is different

 

[avinashtiwari22]

thnks for correcting the code..
cloud is stll not transparent...cant see the volume histogram bars below the cloud.
maybe some setting of mine is different

Just try to change the Background color black .

 

[rahul_mail]

Hi All

After a Long time I am posting something here. This one is dedicated to those looking for ready made Systems.

It is not my own stuff. Just a upgraded version of a Forex indicator. Hope you will find it useful.

The AFL download link is http://www.4 s h ared.com/file/90539057/c7c35c51/NMA_Swing_System_V11.html

(Remove the spaces in the link)

regards

karthik

Thanks for the posting Karthik. Can you give some pointers/reference material on the method used in this afl?

Thanks,
Rahul

 

[rotoline]

karthikmarar

can u or someone modify the amibroker code into metastcok code for the metastock users

rotoline

 

[tinchu76]

Yes karthik need this help from u kindly modify the same for Metastock pls...

 

[thesaint]

Dear Karthik,

I wanted to post a message on the VSA thread i would like to know why did u stop the thread what happ.. y did u not continue is it there are no members to help u out pls do reply hope to hear from u abt the discontinutation of the VSA thread soon

regards

 

[rotoline]

hello
below is the code of the above indicator

f=ATR(14);

rfsctor = WMA(H-L, Per);

revers = k * rfsctor;

Trend = 1;
NW[0] = 0;


for(i = 1; i < BarCount; i++)
{
if(Trend[i-1] == 1)
{
if(j < NW[i-1])
{
Trend = -1;
NW = j + Revers;
}
else
{
Trend = 1;
if((j - Revers) > NW[i-1])
{
NW = j - Revers;
}
else
{
NW = NW[i-1];
}
}
}
if(Trend[i-1] == -1)
{
if(j > NW[i-1])
{
Trend = 1;
NW = j - Revers;
}
else
{
Trend = -1;
if((j + Revers) < NW[i-1])
{
NW = j + Revers;
}
else
{
NW = NW[i-1];
}
}
}
}

//===============system================

Plot(NW, "", IIf(Trend == 1, 27, 4), 4);
Buy=Cover=Cross(j,nw);
Sell=Short=Cross(nw,j);
SellPrice=ValueWhen(Sell,C,1);
BuyPrice=ValueWhen(Buy,C,1);
Long=Flip(Buy,Sell);
Shrt=Flip(Sell,Buy );
_SECTION_END();
//=================TITLE================================================================================================
_SECTION_BEGIN("Title");
if( Status("action") == actionIndicator )
(
Title = EncodeColor(colorWhite)+ "NICK MA Swing System" + " - " + Name() + " - " + EncodeColor(colorRed)+ Interval(2) + EncodeColor(colorWhite) +
" - " + Date() +" - "+"\n" +EncodeColor(colorYellow) +"Op-"+O+" "+"Hi-"+H+" "+"Lo-"+L+" "+
"Cl-"+C+" "+ "Vol= "+ WriteVal(V)+"\n"+
EncodeColor(colorLime)+
WriteIf (Buy , " GO LONG / Reverse Signal at "+C+" ","")+
WriteIf (Sell , " EXIT LONG / Reverse Signal at "+C+" ","")+"\n"+EncodeColor(colorWhite)+
WriteIf(Sell , "Total Profit/Loss for the Last Trade Rs."+(C-BuyPrice)+"","")+
WriteIf(Buy , "Total Profit/Loss for the Last trade Rs."+(SellPrice-C)+"","")+
WriteIf(Long AND NOT Buy, "Trade : Long - Entry price Rs."+(BuyPrice),"")+
WriteIf(shrt AND NOT Sell, "Trade : Short - Entry price Rs."+(SellPrice),"")+"\n"+
WriteIf(Long AND NOT Buy, "Current Profit/Loss Rs."+(C-BuyPrice)+"","")+
WriteIf(shrt AND NOT Sell, "Current Profit/Loss Rs."+(SellPrice-C)+"",""));
PlotShapes(IIf(Buy, shapeSquare, shapeNone),colorGreen, 0, L, Offset=-40);
PlotShapes(IIf(Buy, shapeSquare, shapeNone),colorLime, 0,L, Offset=-50);
PlotShapes(IIf(Buy, shapeUpArrow, shapeNone),colorWhite, 0,L, Offset=-45);
PlotShapes(IIf(Sell, shapeSquare, shapeNone),colorRed, 0, H, Offset=40);
PlotShapes(IIf(Sell, shapeSquare, shapeNone),colorOrange, 0,H, Offset=50);
PlotShapes(IIf(Sell, shapeDownArrow, shapeNone),colorWhite, 0,H, Offset=-45);


now if this can be modified into metastock

rotoline

 

[karthikmarar]

Dear Karthik,

I wanted to post a message on the VSA thread i would like to know why did u stop the thread what happ.. y did u not continue is it there are no members to help u out pls do reply hope to hear from u abt the discontinutation of the VSA thread soon

regards

Hi,

It was not a planned discontinuation of the VSA thread. I had some health issues for quite some time. Now everything is resolved and I do plan to continue posting. Also the general lack of interest in TA in the forum was partly responsible for keeping me away from posting.

regards