Experiments in Technical Analysis

[vpsarathy]

I want to know furmula of technical analysis.how they calculate that onwhich level we should buy and sell any shares.and on which price we take stop loss.plz tell me formula.

Take the trouble of finding answers to same questions of many newbies in recent past.
I can give you the answer immediately but would like you to do some work. There is nothing called free lunch in life.

vps

 

[orderflow13]

by experimenting with lots of indicators,from fibonacci to elliot wave,from candlestick patterns to macd,rsi ( did i mention moons lunar cycles? i mean on full moon days market falls theory haha) i guess best way is adjusting the factors u look,as now crude charts imp,when there was subprime mess there was dow n other market charts imp(even citi bank charts n other bank charts in dowjones)...in short fellas i come up with finding a factor ( right now crude oil)n then set its chart and corelate it with our market n make ur best judgment. only key is be on edge of seat to find out when dat factor loosin the significance n better dont rely anymore,as i predicting crude may loose significance and its place will take by consumer prise index ( we call it inflation ).i wish i could make a chart based on given data of inflation ..heh just kidding but it might be a possibility ..happy trading

 

[taswsol]

Friends

I have uploaded the afls and Metastock codes which had to deleted because of the restriction on the space for attachments. I have also included a PDF document containing the excerpts from this thread.

The Link for the 4shared folder is
http://www. 4 s h a r e d.com/dir/7777958/973587e4/Traderji_Stuff.html

Please remove the spaces in the word 4shared..

Regards

Karthik

Hello Karthik & Members,

Thank You for collecting all in One. I request / suggest you & members who are sharing their expert knowledge to add comments in AFL's i.e. Revision/ Date to keep updated .

Thank You all members.

Technical Analysis Software Solutions.
http://www.geocities.com/taswsol

 

[ksjohar]

I am interested to learn about the best indicator of Metastock. Please guide.

 

[cjconrad]

Hello. I just found this site and thread today, and have spent the past several hours going through it. Admittedly, I started paging a bit faster somewhere in the middle, so I might have missed something. Specifically, I was following the Mabiuts indicator with interest, and it appeared that there was an organized effort afoot to test and tune variations of this (along with a couple of other indicators as well). However, I can't find the results of that effort -- what was the conclusion? Did the forward-looking zig function (used by the Peak function) invalidate the results?

Many thanks for all of the time that has gone into these many contributions.

Craig

 

[karthikmarar]

Hi Craig

The back Test report for the original Mabiuts is posted in the following post. This is a strategy for only longs and the back test was done in a Bull market. The later version of Mabuits with signals for the short side was not tested.

http://www.traderji.com/technical-analysis/7377-experiments-technical-analysis-29.html#post62861

Different variations were tested and the results can be found in the following post.

http://www.traderji.com/technical-analysis/7377-experiments-technical-analysis-31.html#post63776


The Zig function should not affect the results as the signals the signals are based on the crossing of a pivot which has already formed and not on the pivot itself.

Regards

 

[mahesh2007]

I want to know furmula of technical analysis.how they calculate that onwhich level we should buy and sell any shares.and on which price we take stop loss.plz tell me formula.

In technical analysis, there are both qualitative and quantitative aspect.
Technical analysis is science but it's aplication is art.
ie u have to use your skill,wisdom,experience to set some rules(trading system) to take the decision.

Apart from it TA is a vast field and you have to chose which patterns/indicators are viable for you.

As long as formulae are concerned, u can start with floor pivots.

http://www.traderji.com/derivatives/18953-nifty-futures-trading-981.html#post200606

for more information on TA visit-

http://www.stockcharts.com

cheers

 

[aggopal]

hello,i have just join the sie. i hope it will be very helpful to me.

 

[monroby]

hi, all I joind this forum to learn.

 

[vijayakishorebabu]

Kasoni, Your link for pdf in 4share is not working. Please upload again.