markacz 
Gold User, Member, Platinum User, TeleChart

Registered User 




Unsure 

Wednesday, May 04, 2005 
Sunday, January 19, 2014 4:46:33 AM 
74 [0.03% of all post / 0.01 posts per day] 

Good stock for covered call

QUOTE (Doug_H) QUOTEClose vs. Trading Range ((CL)/(HL))*100 Change to: ((CL)/(HL))>=75 QUOTEClose vs. 39 Days Ago (C/C39)*100 Change to: ((C/C39)*100)<=25 QUOTETSV19 vs. 39 Days Ago (TSV19/TSV19.39)*100 Change To: ((TSV19/TSV19.39)*100)>=75
When H=L, then C=H=L and the result is the indeterminate 0/0. Adding the usual .001 to the denominator would be appropriate.

I believe V*(2*CHL)/(HL) is the only correct form. The intent is to accumulate an "earned volume" in the range V < earned volume < +V. The end points of the range occur when C=L and C=H respectively. Also, when H=L, then C=H=L and the result is the indeterminate 0/0. Therefore, it would be appropriate to add the usual .001 in the denominator.

fpetry: My understanding is that hedge funds, mutual funds, and major institutions use the 50 sma for trading and the 200sma trend to determine bull/bear trends. Securities transitioning rapidly thru the 200 sma are usually driven these large institutions. markacz

Craig: This is a useful video to refer to. Could you add it to the training video/tutorial list so it can be easily found in the future? tx, markacz

QUOTE (Bruce_L) Try this:
(17 * C + 16 * C1 + 15 * C2 + 14 * C3 + 13 * C4 + 12 * C5 + 11 * C6 + 10 * C7 + 9 * C8 + 8 * C9 + 7 * C10 + 6 * C11 + 5 * C12 + 4 * C13 + 3 * C14 + 2 * C15 + C16  C18  2 * C19  3 * C20  4 * C21  5 * C22  6 * C23  7 * C24  8 * C25  9 * C26  10 * C27  11 * C28  12 * C29  13 * C30  14 * C31  15 * C32  16 * C33  17 * C34) / 3570 Bruce: Just curious ... is this truly a linear slope? Is it derived from minimum mean squared error? markacz

QUOTE (Craig_S) There is currently a download issue and it is being worked on
Craig: When download issues occur, please publish a note on the homepage so users are alerted w/o having to research "Ask a Trainer". tx, markacz

sukhtejs: Plenty of good newbie advice above. Regarding backtesting ... there is a "kluge" approach. Assuming you can describe your desired "signal" in a PCF form, use "percent true" to identify past points in charts to examine how your "signal" behaved. Cumbersome ... but better than visual searching.

malcolmb14: I appreciate your response ... it does give me a sense of what is achievable. I am focusing on improving my entry/exit/capital protection strategies as you point out in your post. I find the posts from experienced traders quite useful. Please keep them coming. markacz

Big Block: I asked the question of you because based on your postings, you appear to be a very knowledgeable and competent trader. Therefore, your success could be considered representative for an accomplished trader. For beginners as myself, you are a "guage" of my progress in contrast to the boasts of others claiming > 80% or 90% profitable trades with high reward/risk ratios. So take my question as a complement. markacz

