ver important tradestation code for AFL

[lizmerrill]

Casoni,
on your amibroker chart with rsquared, how do i derive the big red and green dots on the charts for the signals?
What is the code in either tradestation or afl?

Thanks,

liz

 

[toptrader]

Hello Pra,
check this ..
Thank you

Up, Casoni seem to have disappeared , and this is his last post, does someone succeed in recreating the formula?
thanks.

 

[fahed]

Would like to see the K.E.L.I. AFL

 

[casoni]

Hello eveyone,
Hitesh have posted the same formula , [ R square ].in this thread.

Re K.E.L.I its still under observation/testing.. [ Thanks for reminding me ] .

Thank you

 

[toptrader]

Hello eveyone,
Hitesh have posted the same formula , [ R square ].in this thread.

Re K.E.L.I its still under observation/testing.. [ Thanks for reminding me ] .

Thank you

it doesn't seem the same code posted by itesh, please casoni give us the whole code so we can test for you

 

[casoni]

Hello eveyone,
i cant upload ...!!! .. image or rar or text ????? very strange.
Anyway..heres the formula of R2 which i have

R2PDS=20;
R2=Correlation(Cum( 1 ),C,r2pds)*Correlation(Cum( 1 ),C,r2pds);
slope=LinRegSlope(C,r2pds);
Crit=IIf(R2PDS==5,.77,IIf(R2PDS==10,.40,IIf(R2PDS==14,.27,IIf(R2PDS==20,.20,IIf(R2PDS==25,.16,IIf(R2PDS==30,.13,IIf(R2PDS==50,.08,IIf(R2PDS==60,.06,IIf(R2PDS==120,.03,0)))))))));
//Crit=10/R2PDS *.4;
Plot(r2,"R Squared",2,1);
Plot(slope,"Slope",IIf(slope<0,4,5),2|styleOwnScale);
Plot(Crit,"",7,1);

Title=WriteIf(R2>Crit,"R2 Values indicate a Trend is in place","R2 Values Indicate a Trendliess Market")+WriteIf(slope>0,"\n Slope is Positive","\n Slope is Negative");

"\n \n Interpretation \n r-squared values show the percentage of movement that can be explained by linear regression. For example, if the r-squared value over 20 days is at 70%, this means that 70% of the movement of the security is explained by linear regression. The other 30% is unexplained Random noise.\n While R2 values are interesting on their own they are easier to interpret when used in conjunction with Slope. When R2 exceeds its critical Value this indicates the market is Trending, when the indicator falls below its threshold then a trend less condition may be in place. \n This table shows the values of r-squared required for A 95% confidence level at various time periods. If the r-squared value is less than the critical values shown, you should assume that prices show no statistically significant trend. \n \n R-2 Pds Critical Value(95%confidence)"+

"\n \n 5 0.77\n 10 0.40\n 14 0.27\n 20 0.20\n 25 0.16\n 30 0.13\n 50 0.08 \n 60 0.06 \n 120 0.03"

+"\n \n You may even consider opening a Short-term position opposite the prevailing trend when you observe r-squared rounding off at extreme levels. For example, if the slope is positive AND r-squared is above 0.80 then begins to turn down, you may consider selling or opening A Short position. There are numerous ways to use the linear regression outputs of r-squared and Slope in trading systems. For more detailed coverage, refer to the book The New Technical Trader by Tushar Chande and Stanley Kroll";
// formula ends
copy - paste the RED colored text only
Thank you

 

[fahed]

Hello eveyone,
Hitesh have posted the same formula , [ R square ].in this thread.

Re K.E.L.I its still under observation/testing.. [ Thanks for reminding me ] .

Thank you

Casoni,

Can you post the KELI afl here, We can backtest it for you.

 

[toptrader]

Casoni, Can you post the KELI afl here, We can backtest it for you.

Fahed or comecaztichiami i've realized that keli is a sum of more known afl formula... we wait casoni

 

[toptrader]

Up casoni,share keli afl code,you were bendicted from the sky

 

[Naresvara]

Hi,

I am assuming that this code is not for TS. Right? The original code posted seems to work for TS but I am not sure how well it works. There was a previous post which said that it did not work properly but no alternative code was provided.

Is there a TS .eld for this indicator which works? Please advise

with regards