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Strategies & Market Trends : Technical Analysis- Indicators & Systems

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To: Bill Sandusky who wrote (1805)7/1/1997 3:24:00 AM
From: wolfgangl   of 3325
 
Bill and Brookelise,

Bill, I shall look at the tickers, you mentioned. I totally agree, that a good screen is the most important part.
I have to admit that I did not read the post, where the "Red Line" indicator is identified with a formula.

Here is the formulation I used to test BNS. If there are mistakes in it let me know:

BNS System = Bill Sandusky's new system

Enter Long:

when(100-(100/(1+((((((H+L+C)/3)-mov(C,opt1,S))/(0.015*std(C,opt1)))+2500)/2500))),>,

100-(100/(1+(((oscp(opt2,opt3,E,%))+2500)/2500))))

Close Long:

when(100-(100/(1+((((((H+L+C)/3)-mov(C,opt1,S))/(0.015*std(C,opt1)))+2500)/2500))),<,

100-(100/(1+(((oscp(opt2,opt3,E,%))+2500)/2500))))

Optimization Variables:

opt1: Min = 24 Max = 112 Step: 8

opt2: Min = 4 Max = 20 Step: 4

opt3: Min = 30 Max = 140 Step: 10

(First mistake could be "oscp(opt2,opt3,E,%)" instead of
"oscp(opt2,opt3,S,%)", please check)

Best regards, Wolfgang
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