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Strategies & Market Trends : Technical Analysis- Indicators & Systems

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To: F Robert Simms who wrote (1900)7/6/1997 2:38:00 PM
From: TechTrader42   of 3325
 
To set it up a scan in WOW, first just put in this profit-testing system:

Bill's New System, as translated by Wolfgang and Chandler. I'm using Chandler's BNS formula for WOW:

BNS1: (100-(100/(1+((((((H+L+C)/3)-Mov(C,34,S))/(0.015*Std(C,34)))+2500)/2500))))

BNS2: (100-(100/(1+((( OscP(13,55,E,% ))+2500)/2500))))

BNS:

1. Fml( "BNS1" ) - Fml( "BNS2" )

2. trend(0,0)

BNS TRADING SYSTEM:

Enter long: ref(fml("BNS"),-1)<0 and fml("BNS")>0

Exit long: ref(fml("BNS"),-1)>0 and fml("BNS")<0

Now, to set up the scan, profit test one stock with this system. When you've got the chart up with the signals after the test, save it as a template. The saved template is now a saved system that you can use to run a scan. Click on SmartScan from the opening menu. Then click on Securities. Then search for your newly saved template in "Select template to use in scanning securities." The name of the template will have (Sys) in front of it.

Sorry, Frank, if you don't have WOW. I was posting this for anyone who does have it.
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