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Profile: Robin Hood
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User Name: Robin Hood
Groups: Gold User, Member, TeleChart
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Statistics
Joined: Thursday, November 25, 2004
Last Visit: Saturday, October 3, 2009 6:44:50 PM
Number of Posts: 10
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Last 10 Posts
Topic: Worden Note Archives
Posted: Sunday, July 16, 2006 2:05:03 PM
Craig,

Thank you!
Topic: Worden Note Archives
Posted: Sunday, July 16, 2006 2:01:00 PM
How does one access past notes beyond those listed in "Reports" on TC2000.

Robin Hood
Topic: Rate of Change - PCF Calculation
Posted: Friday, April 28, 2006 9:30:11 PM
Bruce:

I apologize. I went back to my origional tab and rechecked. the TSV34 13 DMA. It WAS checked "Shift Left". I hate to waste someones time especially when I make stupid mistakes myself. I had unchecked another time period MA. That was also on the chart!

Maybe, I'll stick to 2+2 = 4

I am soory for the resistance, but you stood your ground. Touche


Robin Hood

Topic: Rate of Change - PCF Calculation
Posted: Friday, April 28, 2006 9:03:41 PM
Bruce:

OK, I 'll buy the scaling position. You are mre of an expert on these issues than I am. The higher peaks and valley's I can understand. However, why wouldn't the inflection points be essentially on the same day?

Robin Hood
Topic: Rate of Change - PCF Calculation
Posted: Friday, April 28, 2006 8:45:06 PM
Bruce:

Thank you forthe feedback. I am impressed. I can see by both your replies and reading some of the other discussions that there is some heavy math at times going on here. I think I better brush up on my Differential Calculus.

Anyway, Your answer is clear enough. Ok, have you actuallly using the built in functions plotted the 13 DMA of the 13 day ROC or vice versa. The curves of TC2000's final 13 DMA of ROC does not match the AVG(TSV34,13)-AVG(TSV34.13,13), when created under the "Indicator" function, even though, I was careful during all of my analysis last night to use only simple moving averages. I guess that I am still missing the point.

You did a great job! Oh, I took your advice and created this and pasted here.
Robin Hood
Topic: Rate of Change - PCF Calculation
Posted: Friday, April 28, 2006 5:40:17 PM
Gentlemen:

I am having a heck of a time with the posting. Both last night and this evening, I am losing my reply before, I am finished typing it.

I am trying again.

rmr1976:

You are correct, the formula AVG(TSV34,13) - AVG(TSV34.13,13)is not a 13 DMA of ROC of TSV34 but is the 13 day ROC of the 13 DMA of TSV34. I noticed this last night just after I sent it.

Bruce, You are also correct. The correct entries are to use 13 not 12 as in the formula directly above.

In any case using the built in indicator, ROC and moving average functions of TC2000, I created a plot of TSV34 in a window, then the 13 day "ROC" of this TSV34 and then in the same window, the 13 DMA of this "ROC".

I am still attempting to write a PCF to produce this "13 DMA of the "ROC" of TSV34.

Both the AVG(TSV34,13) - AVG(TSV34.13,13) and

((TSV34-TSV34.13) +(TSV34.1-TSV34.14) +(TSV34.2-TSV34.15) +(TSV34.3-TSV34.16) +(TSV34.4-TSV34.17) +(TSV34.5-TSV34.18) +(TSV34.6-TSV34.19) +(TSV34.7-TSV34.20) +(TSV34.8-TSV34.21) +(TSV34.9-TSV34.22) +(TSV34.10-TSV34.23) +(TSV34.11-TSV34.24) +(TSV34.12-TSV34.25))/13

give the exact same curve when the following is done using the built in functions:

Plot TSV34 then same window
Plot 13 DMA of TSV34 then in same window
Plot 13 day "ROC" of the 13 DMA of TSV34

I want the 13 DMA of the ROC not the ROC of the 13 DMA!

rmr1976, I did try the smoothing on the original and it shifted to the right (not desired), but this is a mute point since all of the formulas above appear to give the ROC of the MA.

Thank you both for your help! Hope you see this post
I'll continue working on this, any other suggestions are welcome.
Perhaps, I misunderstand the guidance. My final objective is to compare the MA of the ROC today vs. yesterday. Perhaps, I am making this more complex than necessary.

Robin Hood
Topic: Rate of Change Calculation
Posted: Thursday, April 27, 2006 9:25:07 PM
I am attempting to create a PCF to calculate a 13 day moving average of a 13 day "Rate of Change" of an indicator. This is best described by an example.

In any middle window add a 34 day TSV for example. Now add a 13 day "ROC" of the 34 day TSV. Now add a 13 day moving average of the 13 day rate of change. No problems.

I have used both of the following to match the 13 DMA of the 13 day "ROC" plotted by TC2000. Unfortunately, the calculated "ROC' results in extended max and mins and is shifted to the right.

The formulas used are:

AVG(TSV34,13)-AVG(TSV34.12,13) or (by brute force)

((TSV34-TSV34.12)+(TSV34.1-TSV34.13)+(TSV34.2-TSV34.14)+(TSV34.3-TSV34.15)+(TSV34.4-TSV34.16)+(TSV34.5-TSV34.17)+(TSV34.6-TSV34.18)+(TSV34.7-TSV34.19)+(TSV34.8-TSV34.20)+(TSV34.9-TSV34.21)+(TSV34.10-TSV34.22)+(TSV34.11-TSV34.23)+(TSV34.12-TSV34.24))/13

Thesee give identical values and plots but both are different vs. TC2000 as noted above. I am sure that I am missing something simple. Does anyone have any suggestions?

Robin Hood
Topic: Rate of Change - PCF Calculation
Posted: Thursday, April 27, 2006 9:09:05 PM
A recent PCF that I am attempting to develop rquires the calculation of a moving average of a rate of change calculation to provide some smoothing. This is best described by an example.

On a tab with proces in the upper window, select the middle window and add a 34 day TSV. Now add a 13 day Rate of Change" of the above 34 day TSV. Now add a 13 day moving average of this "Rate of Change". So far so good.

Now the objective is to create a PCF to exactly match the above 13 day moving average of the "Rate of Change"

Both of the following give identical results:

AVG(TSV34,13)-AVG(TSV34.12,13)

or (by brute force)

((TSV34-TSV34.12) +(TSV34.1-TSV34.13) +(TSV34.2-TSV34.14) +(TSV34.3-TSV34.15) +(TSV34.4-TSV34.16) +(TSV34.5-TSV34.17) +(TSV34.6-TSV34.18) +(TSV34.7-TSV34.19) +(TSV34.8-TSV34.20) +(TSV34.9-TSV34.21) +(TSV34.10-TSV34.22) +(TSV34.11-TSV34.23) +(TSV34.12-TSV34.24))/13

However, either of these do not exactly match the resulting plot of the moving average plotted by TC2000. The curve has both greater max and mins and is shifted approximately 6 days to the right of the TC2000 curve.

What am I doing wrong. I understand that ROC is typically calculated as the present indicator value minus the indicator valve 12 days earlier (or 13) this effects the numerical value but does not impact the genral shape etc. of the plot.

I am sure that I am missing something simple.

Robin Hood
Topic: CAKE
Posted: Wednesday, January 5, 2005 8:01:40 PM
To perhaps improve your understanding of TSV, consider creating a middle window with TSV 14, ROC 14 and RSI 14. One can see that they are very similar, although not exact. Try differnet periods and compare. I tend to treat TSV as a strick momentum indicator. I decided on it verses proce ROC alone since it incorporates volume in its calculation. however, I believe the interpetations for all three indicators are the same. If I am wrong I welcome feedback.
Topic: Delta
Posted: Saturday, January 1, 2005 9:05:47 AM
I have used Delta for 5 years now. Unfortunately, I was primarily trading the OEX options where I had very poor success. I was focusing on trading the intermediate term and had an insufficient knowledge of volatility. I have had major personal problems over the past two years and I have been in a basic learning mode.

I only started trading for myself in 1998. I have learned that it is more effective to trade the medium term Delta in the directions of the long term Delta and use the intermediate term for entry/exit positions.

Robin Hood