wkloss 231 posts msg #98133 - Ignore wkloss |
12/20/2010 4:13:11 PM
TASC magazine, 12-2010, page 10 has an article about The JM Internal Band. The concept is to use a MA(15) and offset it 2% above and 2% below. You have a buy signal when price crosses above the upper band and a sell short signal when price crosses below the lower band. Whether going long or short, use the MA(15) as a stop. The author admits that this system can have difficulty when the market is moving sideways, although the system was more flat than experiencing losses.
Help coding this would be appreciated.
Bill
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four 5,087 posts msg #98134 - Ignore four modified |
12/20/2010 5:49:46 PM
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four 5,087 posts msg #98135 - Ignore four |
12/21/2010 12:23:57 AM
Also... Moving Average Envelopes
http://forums.stockfetcher.com/sfforums/?q=view&fid=1006&tid=453&qrid=&isiframe=
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wkloss 231 posts msg #98165 - Ignore wkloss |
12/22/2010 7:24:39 PM
four,
1st, thanks for your work on this. I added optionable and price above 5 as well as an attempt to get it to display in the order of the most recent cross above the upper line. I'm not sure I got the language about the cross above the upper line correct.
Debug thinks there is a syntax error in the set command on the bottom band.
draw ma(15)
set{ma15_top, ma(15) * 1.02}
set{ma15_bot, ma(15) * .98}
draw ma15_top on plot close
draw ma15_bot on plot close
add column separator
add column ma(15)
add column ma15_top
add column ma15_bot
and is optionable
and price above 5
display in order of most recent cross above ma15_top
Your thoughts?
Bill
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mktmole 325 posts msg #101920 - Ignore mktmole |
8/1/2011 6:24:14 PM
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