A variation of Sequential Signal

Discussion in 'Technical Analysis' started by TSOKAKIS, Aug 29, 2003.

  1. Here is a variation of
    http://www.linnsoft.com/scans/tdSequentialSetup.htm
    method.
    The small hollow circles are used as warnings of the upcoming Buy signal, which comes as soon as the sequence is interrupted.
    It seems interesting.
    Here is the AFL code and some amibroker charts follow in the attachement.

    Plot(C,"C",colorBlack,64);Title=Name();
    for(x=5;x<20;x++)
    {
    S2=Sum(C<Ref(C,-3),x)==x;
    Buy=s2==0 AND Ref(s2,-1);
    PlotShapes((shapeHollowSmallCircle+shapePositionAbove)*s2,x);
    PlotShapes(shapeUpArrow*Buy,colorBrightGreen);
    Title=Title+WriteIf(s2,"["+WriteVal(x,1.0)+"]","");
    }
     
    • seq.gif
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  2. A complete buy/sell sequential variation is posted at
    http://groups.yahoo.com/group/amibroker/message/46760
    Warning signals, anticipating the final buy/sell signal are modified to begin from the 5th day and go up to the 25th.
    The buy/sell signal is produced as soon as the sequence is interrupted.