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Profile: 0002ct
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User Name: 0002ct
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Joined: Thursday, November 19, 2015
Last Visit: Tuesday, May 23, 2017 6:31:17 PM
Number of Posts: 131
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Last 10 Posts
Topic: open to open gain count
Posted: Tuesday, May 23, 2017 3:45:44 PM

Perfect, Stockguy. Thank you very much for the help.

Topic: open to open gain count
Posted: Tuesday, May 23, 2017 3:38:58 PM

Hello.
Would you please help me to construct a formula that will count the number of times over the last 200 bars that the gain from the second to last open to the last open was greater than 5 percent?

Thank you very much
 

Topic: BOP enhanced
Posted: Monday, May 22, 2017 10:07:30 PM

Diceman: will check this out to see if it provides any clues. Thanks for the note.

Topic: BOP enhanced
Posted: Monday, May 22, 2017 3:08:50 PM

Thanks, Bruce.

Topic: BOP enhanced
Posted: Monday, May 22, 2017 2:44:13 PM

Thanks, Bruce. BOP is interesting but I personally find it difficult to interpret quickly. As an example, if you look at ATRS, on 5/16 it goes from a long series of "systematic buying" to immediately being "systematic selling", even though it had been in drawdown since 5-3.

Are there any notes available as to how BOP is calcuated? It's opaque -- without some idea of how it's calcuating, such state changes are difficult (for me) to use.

Thanks again.

Topic: BOP enhanced
Posted: Monday, May 22, 2017 2:21:23 PM

Hello.
I'm revising BOP and re-read the notes on it. Are there enhanced versions of BOP that do plot some interpretation? For example, in the notes below:

"thus a positive BOP moving down in tandem with an eroding price could not be interpreted bearishly. But a positive BOP moving down into a rising price must be construed bearishly. This would be all the more so if the price is actually attaining new highs. Conversely, a positive BOP moving up into a falling price should be interpreted as a positive, and all the more so if the price is breaking so-called "support levels." Where absolute BOP versus improving or deteriorating BOP seem to be contradictory, you will often find that the answer lies in the time implications. Absolute BOP (green or red) usually has the longer-term implications."

Bearish contradiction
"But a positive BOP moving down into a rising price must be construed bearishly."

Bullish contradiction
"Conversely, a positive BOP moving up into a falling price should be interpreted as a positive, and all the more so if the price is breaking so-called "support levels."


Q: Is there a version of BOP that will aids the interpretation of such conditions with additional visual cues, such a green dot for bullish readings and red/bearing?

No need for formulas or solutions just yet, just curious if this exists and I'm just not finding it. Links to any examples works fine.

Thank you very much.

 

Topic: Sector Rotation
Posted: Monday, May 15, 2017 11:50:14 PM

What is the MOBO indicator, if you would share, please?

Topic: accel
Posted: Tuesday, May 09, 2017 1:43:45 PM

I have no idea how you do this so fast. Well, I have half an idea.  ;)  I'll test these over a couple of days.

As always, your help and expertise are deeply appreciated.

Thanks again, Bruce. 

Topic: accel
Posted: Tuesday, May 09, 2017 1:27:43 PM

Hello.

Yesterday you helped me create a calcuation for absolute price change averaged over a lookback:

100 * GREATEST(ABS((C / L3) ^ (1 / 3) - 1), ABS((C / H3) ^ (1 / 3) - 1))
|
100 * GREATEST(ABS((C / MINL4) ^ (1 / 3) - 1), ABS((C / MAXH4) ^ (1 / 3) - 1))

I'm looking for a way to use the above to lay the groundwork for defining a state change. The above could be thought of as the "absolute velocity" of the stock over n (3 above) bars. Using it, I'd like to scan for issues that:

on last close, have an absolute velocity x% greater than the prior 3-period-averaged "absolute velocity".  X in this case would be configurable by me in the formula, but just use 20% as an example.

I would call this change of state comparing the most recent price change to the "3-period average absolute price velocity" acceleration.
 
Thank you for any thoughts on how to calcuate this.
 
Topic: velocity
Posted: Monday, May 08, 2017 1:13:47 PM

Perfect. Thank you very much for putting these together. Much appreciated.