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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: YxY who wrote (1629)5/18/2000 8:18:00 AM
From: Chip McVickar  Read Replies (1) | Respond to of 33421
 
Morning Y,

I believe you will find the pattern is valuable.
But are you coding a buy or sell wiggle for this group...?
The formation as coded is not quit right...and giving false signals. I don't know code so can't help here.

You were very close to the 3 day buy pattern in the last set that I checked. Agreed don't try and code the 5 or 7 day until you get this 3 day down.

Here is an Good Buy Wiggle in the Utilities:
1)17/04/200 spike down high close
2)18 higher high and low, lower close
3)19 3) lower low then second day and then closes above the opening of the third day and above the high of the first day [Note: close above the firstday high is very tight.
siliconinvestor.com

Take a look:

CAT 25/07/96 4,87% -0,19% -25,0 2 Day high
Sell wiggle not in a down trend, Not a buy wiggle

CAT 04/03/97 4,48% -0,32% -14,0 2 Day high
third day,s low is not right

CAT 28/02/96 0,18% 3,44% 0,05 154 Day high
5 day buy wiggle, but 2nd day is not completely formed

CAT 04/08/95 -1,30% 7,83% -0,17 2 Day high
Sell wiggle beginning on 2nd, but within a trend and without a formal peak.

CAT 08/11/94 1,97% 2,00% 0,98 2 Day high
No wiggle at all here

DIS 04/01/99 19,24% -0,42% -45,6 2 Day high
Not a buy wiggle...look carefully at the 2nd day high and close and the 3rd's low.
It's actually a 3 day sell wiggle starting on 30/12/98

DIS 01/11/96 5,34% 0,19% 27,95 2 Day high
Buy wiggle is not formed right

DIS 27/01/94 1,34% 0,81% 1,65 11 Day high
Sell wiggle Well formed, good peak starting 25/01/94

DIS 16/06/92 0,00% 5,42% 0,00 3 Day high
Nothing, but 12/06/92 is a well formed sell wiggle, but not at a high for the move



To: YxY who wrote (1629)5/18/2000 9:18:00 AM
From: Dan Duchardt  Read Replies (1) | Respond to of 33421
 
YxY,

I haven't written code for a while, but I think I can follow yours OK. The logic looks fine to me for the 3-day buy wiggle. I checked a few of the sell wiggles you listed. The BA 17/12/99 does not appear to quite make it because day2 low is not lower than the day1 low. This could just be a small discrepancy in our data sources; it is very close.

Dan



To: YxY who wrote (1629)5/18/2000 12:16:00 PM
From: Chip McVickar  Read Replies (1) | Respond to of 33421
 
Y,

Here is a Perfect 3 Day Lindhal Buy Pattern

commoditiesfutures.com

Classic 3 day Buy wiggle on March 13-14-15, 2000 DJ00M

Excellent Low for the move, plus the correct close
2nd day exact and 3rd day exact.

With a 1500 point gain before chart signals gave a sell.

If you can find a better chart and freeze it you've got a beauty to study.

Still looking for a 3 day sell.

Chip