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Profile: shawnpm123
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User Name: shawnpm123
Groups: Gold User, Member, TeleChart
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Joined: Tuesday, July 12, 2005
Last Visit: Thursday, August 4, 2005 8:25:28 PM
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Last 10 Posts
Topic: Web based tools
Posted: Wednesday, July 13, 2005 4:02:07 PM
Doug,
Thanks. It will make it easier to watch the videos knowing this.

Shawn
Topic: Web based tools
Posted: Wednesday, July 13, 2005 3:50:09 PM
Bruce,

He is talking about ETF-TraderCharts. I have downloaded Studio, which doesn't match with what he is saying unless Trend Quality of the Leaders and Laggers are equivalent to his buy and sell indicators. Do you know if this is the case?

Thanks - Shawn
Topic: Web based tools
Posted: Wednesday, July 13, 2005 12:54:15 PM
I just started looking at Peter Worden’s Strategy Videos under the training section on the web site. However, I can't figure out what web based tool he is talking about. Can anyone help me with this?
Topic: Money Flow Index
Posted: Wednesday, July 13, 2005 10:07:17 AM
Bruce,
Thanks a bunch for the code. I believe all I have to remember is:
1) string everything together
2) all conditional statements return -1 for true and 0 for false.

Just too clarify your code, given the following:
H=3,L=1,C=2,V=100
H1=3,L1=1,C1=1,V=100
Your code:(H+L+C>H1+L1+C1)*(H+L+C)*V
Would the result be 600 or -600? Which in this case should not matter since both the numerator and denominator will be either positive or negative.
Thanks again - Shawn
Topic: Money Flow Index
Posted: Wednesday, July 13, 2005 12:43:04 AM
I just downloaded software and was looking for an indicator, MFI. Did not see it, so thought that I would try and write it. Equation is as folows:
MFI = 100/(1+MR)
MR = positive MF / negative MF
MF = TP*Volume
TP = (H+L+C)/3
where positive MF is defined as TP(n ) > TP(n-1)

I was looking for a conditional operator like IF but did not find.
Is it possible to write the following?
positiveMF=0+if(TP>TP1,TP*V,0)+if(TP1>TP2,TP1*V1,0)+...

Also, is there a way to define each of the variable within the function and then combine?
TP=(H+L+C)/3;
positiveMF=0+if(TP>TP1,TP*V,0)+if(TP1>TP2,TP1*V1,0)+...;
negativeMF=0+if(TP
MFI=100/(1+(positiveMF/negativeMF))

I'm sure this has been asked before so I apologize if you have to repeat yourself, I just could not find in the help or postings (I haven't received the doc's yet) and really wanted to get going as soon as possible looking at and evaluating the software.

Thanks - Shawn