StockFetcher Forums · General Discussion · Interesting new site I stumbled upon .<< 1 2 3 4 5 ... 14 >>Post Follow-up
graftonian
1,089 posts
msg #137425
Ignore graftonian
8/7/2017 2:55:36 PM

John, I am trying to learn this Trading Wealth system, but sometime I feel like a monkey staring at a wristwatch. Follow me through on this one:
CSTM
Weekly PPO and DO > 0 on June 9, so we watch and wait.
Comes July 12 and 2 day PPO and DO cross above 0
We check 4 hr chart, and it is in agreement, so we pull the trigger at open on July 13.
Am I correct so far?
When to exit?

John, thanks for your tme,
Chachi

mahkoh
1,065 posts
msg #137433
Ignore mahkoh
modified
8/7/2017 5:55:10 PM

If this derivative oscillator is DO(14,5,3,9), shouldn't it be coded like this?

Fetcher[
symlist(spy,qqq,tlt,gld)
set{x1, cema(rsi(14),5)}
set{x2, cema(x1,3)}
set{signal, cma(x2,9)}
set{DERIV_OSC, x2 - signal}
DRAW DERIV_OSC AND DRAW DERIV_OSC LINE AT 0
chart-display is weekly
]



You don't really want to use "r" as a variable since SF will recognize that as pivot points (r1,r2 etc)

pthomas215
1,251 posts
msg #137439
Ignore pthomas215
8/7/2017 7:01:26 PM

Chachi, the dude in the video was saying the price percent oscillator is even more important than the derivative oscillator. by chance would you know how to program that? I find the derivative oscillator to be a great indicator for me so far.

Paul

pthomas215
1,251 posts
msg #137441
Ignore pthomas215
8/7/2017 7:23:04 PM

meaning, the guy in video seems to have the entry point being the price percent oscillator crossing above the EMA(8).

graftonian
1,089 posts
msg #137445
Ignore graftonian
modified
8/7/2017 11:22:32 PM

Mahkoh, You are absolutely correct, thanks for the critique.

I haven't checked this out, but graphically it "looks" right

Fetcher[
/*price % oscillator and weekly price % oscillator*/
/****see http://stockcharts.com/school/doku.phpid=chart_school:technical_indicators:price_oscillators_ppo
******/
market is not otcbb and Average Volume(10) > 500000
set{PPO2, cema(close, 10) - cema(close, 24)}
set{PPO1, PPO2 / cema(close, 24)}
set{PPO, PPO1 * 100}
set{signal, cema(PPO, 8)}
draw PPO and draw PPO line at 0
draw signal on plot PPO

set{WPPO2, cema(close, 50) - cema(close, 120)}
set{WPPO1, WPPO2 / cema(close, 120)}
set{WklyPPO, WPPO1 * 100}
set{Wsignal, cema(wklyppo, 8)}
draw WklyPPO and draw WklyPPO line at 0
draw wsignal on plot wklyppo
wklyppo crossed above wsignal
]



Mactheriverrat
3,172 posts
msg #137447
Ignore Mactheriverrat
8/7/2017 11:35:52 PM

@graf - Good play

Glad to see this thread is doing some good for everyone.

graftonian
1,089 posts
msg #137448
Ignore graftonian
modified
8/7/2017 11:40:38 PM

John, thanks for bringing the system to my attention.
How about XTNT tomorrow morning?
Chachi
*******************************************************
XTNT. never mind. earnings tomorrow, somebody leaked.

mahkoh
1,065 posts
msg #137457
Ignore mahkoh
modified
8/8/2017 2:26:02 PM

Same issue with your PPO, you're using code that is already assigned in Stockfetcher

Fetcher[
symlist(spy,qqq,tlt,gld)
set{x1, cema(rsi(14),5)}
set{x2, cema(x1,3)}
set{signal, cma(x2,9)}
set{DERIV_OSC, x2 - signal}
DRAW DERIV_OSC AND DRAW DERIV_OSC LINE AT 0
chart-display is weekly

set{sig1,cema(ppo(10,24),8)}
draw ppo(10,24)
draw sig1 on plot ppo(10,24)
]



graftonian
1,089 posts
msg #137458
Ignore graftonian
8/8/2017 2:59:10 PM

Mahkoh, I did not realize SF had a PPO function. Thanx for helping a feeble old man

mahkoh
1,065 posts
msg #137459
Ignore mahkoh
8/8/2017 4:31:18 PM

Welcome ; )

StockFetcher Forums · General Discussion · Interesting new site I stumbled upon .<< 1 2 3 4 5 ... 14 >>Post Follow-up

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