And here's yet another system with which to amuse yourself. It's a translation of Jerry Gatto's 8-day version of DNS. Basically, the idea is: Buy when DNS was at 8 eight days ago, if it has stayed above 5 in the intervening days. I've included a sell signal for when DNS falls below 5, but this is the one point I'm not sure about. Dave Evans, I think, now suggests selling when DNS reaches 3. I think Jerry saiid 5, but I'm not sure. Traditionally, the sell point for DNS has been 4. So you can play around with that variable. But here it is, in the language of WOW, and now that Clueless has WOW, it's his responsibility to profit test this system for us, according to strict scientific standards. My version of WOW, unfortunately, did not come with strict scientific standards. But without further ado, Jerry Gatto's take on DNS (drumroll, please):
Enter:
ref(fml("DNS"),-8)=8 and
fml("DNS")>5 and
ref(fml("DNS"),-1)>5 and
ref(fml("DNS"),-2)>5 and
ref(fml("DNS"),-3)>5 and
ref(fml("DNS"),-4)>5 and
ref(fml("DNS"),-5)>5 and
ref(fml("DNS"),-6)>5 and
ref(fml("DNS"),-7)>5
Exit:
fml("DNS")<5 and ref(fml("DNS"),-1)>=5
Where DNS is:
If(SAR(.02,.2)<C,1,0) +
If((Mov(C,5,E)>Mov(C,13,E)),1,0) +
If((Mov(C,13,E)>Mov(C,40,E)),1,0) +
If((Mov(C,8,E)-Mov(C,17,E))> (Mov(Mov(C,8,E)-Mov(C,17,E),9,E)),1,0)+ If(Mov(C,50,SIMPLE) - Ref(Mov(C,50,SIMPLE),-15) > 0,1,0)+
If((Mov(ROC(C,12,%),3,E)>=-6 OR ROC(C,12,%)>0),1,0)+
If(OBV()>Mov(OBV(),40,S),1,0)+
If(V>Mov(V,120,S),1,0) |
