OK, kids, here is my first attempt at a WOW formula for BNS:
BradCCI Line 1: (((H+L+C)/3)-Mov(C,28,S))/(.015*Std(C,28))
BradCCILine 2: Std(((h+l+c)/3),28)
Enter long: mov(fml("BradCCI Line 1"), 5, s) >mov(fml("BradCCI Line 1"), 34, s) and
mov(stoch(8,5),5,s)>mov(stoch(8,5),34,s)
and mov(fml("BradCCI Line 2"), 5, s) >mov(fml("BradCCI Line 2"), 34, s)
Exit long: mov(fml("BradCCI Line 1"), 5, s) <mov(fml("BradCCI Line 1"), 34, s) and
mov(stoch(8,5),5,s)<mov(stoch(8,5),34,s)
and mov(fml("BradCCI Line 2"), 5, s) <mov(fml("BradCCI Line 2"), 34, s)
Bill: The BradCCI line parentheses work now. You get something similar to CCI, but less volatile. From reading the early posts on BradCCI, I gather that that was the point -- a CCI that was less "noisy." Now, with the parentheses as they are in BradCCI you get something that walks like a duck and quacks like a duck (a line very close to the traditional CCI line, but which doesn't fly off all the time like a duck).
The system is based on this premise: Look for moves up and down by BradCCI Line 1, BradCCI Line 2 and Slow Stochastics(8,5). Remember, Slow Stochastics is a proxy for the RedLine Indicator, which is proprietary (a big secret and not available for use on WOW).
I've used moving average crossovers to find moves up and down, and the moving averages I've used, 5 and 34, are somewhat arbitrary choices for short term and long term.
There are other ways to go about formulating BNS, of course. What about a BradCCI system based on crossovers at minus 100 and 100, for example? you could do that like this:
Enter long: (ref(fml("BradCCI Line 1"),-1)<-100) and fml("BradCCI Line 1")>=-100
and mov(stoch(8,5),5,s)>mov(stoch(8,5),34,s)
and mov(fml("BradCCI Line 2"), 5, s) >mov(fml("BradCCI Line 2"), 34, s)
Exit long: (ref(fml("BradCCI Line 1"),-1)>100) and fml("BradCCI Line 1")<=100
and mov(stoch(8,5),5,s)<mov(stoch(8,5),34,s)
and mov(fml("BradCCI Line 2"), 5, s) <mov(fml("BradCCI Line 2"), 34, s)
All this is just theoretical, and nothing has been properly system tested. I know, I know, so what's the use? It's just an effort to formulate BNS, so we have something to chat about with the toll collectors on the Garden State Parkway. Make sure you tell them not to start investing any quarters with it yet, though (use slugs if you must). We'll confirm everytning on the trip back, tell them. |
