Thanks Bob,
I use primarily AmiBroker. Have some other software also, however never used
Wealthlab or StrataSearch. I asked as I wanted to know if the other things you
mentioned about other SW were part of the article or some other users went
further beyond the article.
Well, I have many times thought of subscribing to magazines like TASC, however
the erratic postal deliveries to India do not permit taking a decision. It will
be wonderful if TASC has a feature to update its DVD online every month for
subscribers. In that case I would have gone for subscription without physical
delivery.
It seems that you subscribe to the magazines and I hope they are beneficial.
Thanks again for you response.
With Regards
Sanjiv Bansal
--- In amibroker@yahoogroups.com, Bob Waits <bobwai...@...> wrote:
>
> Sanjiv:
>
> Yes, they do. Do you also use Wealthlab and StrataSearch besides Amiborker?
>
>
>
>
>
>
> ________________________________
> From: sanjiv <sumanga...@...>
> To: amibroker@yahoogroups.com
> Sent: Fri, January 1, 2010 11:22:00 PM
> Subject: [amibroker] Re: Vortex Indicator
>
>
> Hello Bob,
>
> I do not have access to the magazine right now. However, does the article
> have the WealthLab and StrataSearch extras.
>
> With Regards,
>
> Sanjiv Bansal
>
> --- In amibro...@yahoogrou ps.com, Bob Waits <bobwaits2@ ..> wrote:
> >
> > Some of the other systems have done some backtesting and used it other
> > indicators.
> >
> > Wealthlab uses ATR Trailing stop. On S&P emini, the strategy
> > was effective in entering and remaining in large trends and generated
> > around $33,000 in profits trading two contracts 24 times in the past two
> > years, not including slippage and commissions.
> >
> > StrataSearch said the indicator was
> > not very effective by itself on Nasdaq 100 stocks, but combining with other
> > indicators the VI yielded more than 35% annual
> > return with more than 65% profitable trades.
> >
> > And TraderStudio said that the VI system was more profitable and higher
> > Sharpe ratio than DMI on futures but the opposite on Nasdaq stocks.
> >
> >
> >
> >
> >
> >
> > ____________ _________ _________ __
> > From: Richard <richpach2@ ..>
> > To: amibro...@yahoogrou ps.com
> > Sent: Thu, December 31, 2009 10:07:38 PM
> > Subject: [amibroker] Re: Vortex Indicator
> >
> >
> > Hi "droskill",
> >
> > I am a little confused by the rules as well. Sum(abs(.... )..) will never
> > go below 0 and you can see it if you plot VIP or VIM.
> > As the result, he rules do not generate any Buy or Sell signals.
> > Buy=Cross(VIP, 1); seems to create some reasonable entries but this is not
> > what the rules say.
> >
> > Regards
> > Richard
> >
> > --- In amibro...@yahoogrou ps.com, "droskill" <droskill@ .> wrote:
> > >
> > > The AB code is defined as:
> > > // Vortex Indicator
> > > // S&C Traders Tips Jan 2010
> > > period = Param("Period" , 14, 2 );
> > >
> > > VMP = Sum( abs( H - Ref( L, -1 ) ), period );
> > > VMM = Sum( abs( L - Ref( H, -1 ) ), period );
> > > STR = Sum( ATR( 1 ), period );
> > >
> > > VIP = VMP / STR;
> > > VIM = VMM / STR;
> > >
> > > Plot( VIP, "VI"+period+ "+", colorBlue);
> > > Plot( VIM, "VI"+period+ "-", colorRed );
> > >
> > > The system is defined as:
> > >
> > > - Go long when the VI (or Dmi) goes from less than zero to greater than
> > > zero.
> > > - Go short when the VI (or Dmi) goes from above zero to less than zero.
> > > - All trades are placed "next day market on open."
> > >
> > > That would translate to:
> > >
> > > SetTradeDelays( 1,1,1,1); // everything delayed 1 day
> > > Buy = VIP > 0 AND Ref(VIP,-1) < 0;
> > > BuyPrice = Open;
> > > Sell = VIP < 0 and Ref(VIP,-1) > 0;
> > > SellPrice = Open;
> > > Short = Sell;
> > > Cover = Buy;
> > >
> > > That should do it - I've not tested this but it should be close.
> > >
> > >
> > >
> > > --- In amibro...@yahoogrou ps.com, Bob Waits <bobwaits2@> wrote:
> > > >
> > > > I have the magazine and the formula, but it is only for the oscillator
> > > > and not for a trading system, which Tradestation and Nuroshell have
> > > > provided. I was wondering if anybody has used this as a system and
> > > > tested the validity of this indicator.
> > > >
> > > >
> > > >
> > > >
> > > >
> > > >
> > > > ____________ _________ _________ __
> > > > From: droskill <droskill@>
> > > > To: amibro...@yahoogrou ps.com
> > > > Sent: Wed, December 30, 2009 8:15:57 PM
> > > > Subject: [amibroker] Re: Vortex Indicator
> > > >
> > > >
> > > > Here:
> > > >
> > > > http://www.traders. com/Documentatio n/FEEDbk_ docs/2010/
> > > > 01/TradersTips. html#TT4
> > > >
> > > > --- In amibro...@yahoogrou ps.com, Bob Waits <bobwaits2@ ..> wrote:
> > > > >
> > > > > In the latest S&C magazine, there is a nice article on Vortex
> > > > > Indicator. While the formula for the indicator is listed in the
> > > > > magazine, I was wondering if anyone has written a code for turning
> > > > > this into a system and testing the validity of this indicator. The
> > > > > Tradestation and Nuroshell has code for an entry, exit and shorting
> > > > > strategies.
> > > > >
> > > > > Thanks.
> > > > >
> > > >
> > >
> >
>
