BullCharts : Momentum Trend Indicator http://www.bullcharts.com.au/forum/ This is an XML content feed of; BullCharts : BullScript : Momentum Trend Indicator Copyright (c) 2006-2009 Web Wiz Forums - All Rights Reserved. Wed, 15 Apr 2026 10:25:49 +0000 Wed, 08 Jun 2011 19:49:52 +0000 http://blogs.law.harvard.edu/tech/rss Web Wiz Forums 9.69 360 www.bullcharts.com.au/forum/RSS_post_feed.asp?TID=708 BullCharts http://www.bullcharts.com.au/forum/http://www.bullcharts.com.au/images/bull_logo.gif http://www.bullcharts.com.au/forum/ Momentum Trend Indicator : thanks maximo,I see what you are... http://www.bullcharts.com.au/forum/forum_posts.asp?TID=708&PID=2737#2737 Author: Tanaka
Subject: 708
Posted: 08 Jun 2011 at 7:49pm

thanks maximo,

I see what you are saying, LOL, knew it was too good to be true.

Ow yeah, I don't need it to produce a signal because I can do it by getting the bull scan to look back X of days and then it produces results.

thank you for the reply. Embarrassed
]]> Wed, 08 Jun 2011 19:49:52 +0000 http://www.bullcharts.com.au/forum/forum_posts.asp?TID=708&PID=2737#2737 Momentum Trend Indicator : Hi Tanaka, This is a devious... http://www.bullcharts.com.au/forum/forum_posts.asp?TID=708&PID=2736#2736 Author: maximo
Subject: 708
Posted: 08 Jun 2011 at 12:27am

Hi Tanaka,
 
This is a devious indicator.  It waits for 6 future bars at which point it then draws the indicator.
This makes it look incredibly good on past results, but it cannot make a current signal due to this waiting for 6 future bars.  ie. it's this part-> Ref(C,6)
 
The gap of 6 most recent bars when plotting the indicator makes this evident.   Some might say this is clever, but others would call it hindsight. 
 
If you were to make a signal from this, it would be 6 days old.   Do you want to trade signals that are from 6 days ago? 
 
 
 
 


Edited by maximo - 08 Jun 2011 at 12:34am]]> Wed, 08 Jun 2011 00:27:26 +0000 http://www.bullcharts.com.au/forum/forum_posts.asp?TID=708&PID=2736#2736 Momentum Trend Indicator : Howdy all,I was wondering if anyone... http://www.bullcharts.com.au/forum/forum_posts.asp?TID=708&PID=2735#2735 Author: Tanaka
Subject: 708
Posted: 04 Jun 2011 at 10:50pm

Howdy all,

I was wondering if anyone could help me make a signal from this indicator:

If(ma(C-Ref(C,-5),10,E)>(ma((Ref(C,-1)-Ref(C,6)),10,E)),1,-1) 

It would be handy for it to display above/below zero.

Cheers,

Tanaka


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