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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?

To: Craig DeHaan who wrote (21990)	10/11/1998 7:03:00 PM
From: Doug R	Respond to of 79273

Ok everyone, Just to make sure we're on the same page. Here's the situation. Plot a 3 dTSF of the price and a 3 dEMA of the price in the same pane. It can be on the price pane or not if you like. A knee occurs after a crossover when the TSF and EMA converge then reseparate. It's the same thing as a stochastics knee as described by Jobman on pg. 171 of The Handbook of TA. Pring calls the same thing a "failure swing" on pg. 161 (fig. 10-4) of TA Explained. The crossover is when the TSF of the price crosses from below to above the EMA of the price. No predifined distance from 0 need be used since we won't be ROCing anything. Just the current and day previous values of each indicator. The MACD over 0 may not be necessary or it could be that the MACD rising might not. It may also be that all we need is a positively crossed MACD but that might require it to have the "and rising" feature again. Also, it looks like the "or" 13 d%K of the 13, 8, 8 above 75 and above the %D might need to be re-added to the knee and x-over criteria for that indicator. I think the MACD (if possible) and the stoch criteria are components that help to show that the security in question has the extra juice it needs to paste the 3 dRSI. There are not a lot of stocks that get pasted every day so I don't expect a large amount of hits. There will likely be days with 0 hits so I don't really want to loosen the criteria in order to get more hits. If we have the trigger that kicks the prerequisites( so far Bdog's scans have been run on the triggerless set of prerequisites) we won't need a lot of hits anyway :-) I'll check all this stuff out. Brainiacdog, do you have the tools to get the TSF into a scan? The formula for TSF is on the Equis site. Milesov has part of it (the "a" part) reckoned. I think "b" might be the stickler. If you have it already wired into the program you use for scanning, that would make it easier. If you can do it, can you set up 2 scans? We're working with Comkey version 5 since the TSF/EMA combo now so 5.1 would be no MACD with the "OR" on the 13 d%K. Version 5.2 is MACD properly crossed, not necessarily above 0 and rising with the "OR" on the %K (as in the %K component of the 13, 8, 8 within 7% of the %D OR the %K above both the %D and above the value of 75). Doug R

To: Craig DeHaan who wrote (21990)	10/11/1998 9:32:00 PM
From: milesofstyles	Read Replies (5) \| Respond to of 79273

i figured the tsf would be a pain. jagow on the qp thread has a linregslope scan.there are several versions there, if it will help and i can provide them , let me know. this is the part that is being referenced as available. i am thinking the summation portions of the formula may be able to be done with a loop function, but i knew just looking at the formula it was no piece of cheese. my next question would be, is a shifted ma easier to program? i read the response to this by doug and will be looking that over next. milesov