snappyfrog
749 posts
msg #159704
- Ignore snappyfrog |
10/20/2022 7:26:09 AM
Anyone what to take a crack at this?
McGinley Dynamic Formula
https://www.investopedia.com/articles/forex/09/mcginley-dynamic-indicator.asp
|
snappyfrog
749 posts
msg #159705
- Ignore snappyfrog |
10/20/2022 8:00:32 AM
In essence this would change a moving average by a multiplier of 0.6 after an entry.
So if one used an entry of open above MA(20), then the moving average would
change to a MA(12) to more closely follow price.
Exit would take place when close crossed below the MA(12) to keep from giving
back too much profit.
At that point, the moving average changes back to the MA(20) to insure a reversal
before the next entry of open above the MA(20).
|
KSK8
561 posts
msg #159708
- Ignore KSK8 |
10/20/2022 4:58:10 PM
I'm familiar with it's computations. Unfortunately, it's impossible with the current functions available. I hope I'm wrong. I do encourage other's to give it a stab nonetheless
|
SAFeTRADE
656 posts
msg #159723
- Ignore SAFeTRADE |
10/25/2022 5:18:30 PM
OK what am I doing wrong here you wizards.
set{x8, close - ma(21) 1 day ago}
set{x7, .60 * 10}
set{x6, close / ma(21) 1 day ago}
set{x5, x7 * x6}
set{x4, pow(x5,0.25)}
set{x3, x4 / x8}
set{mdii, x8 + x3}
symlist(spy)
draw mdii on plot price
|
SAFeTRADE
656 posts
msg #159724
- Ignore SAFeTRADE |
10/25/2022 7:46:21 PM
Does this look right? I do not think so.
|
SAFeTRADE
656 posts
msg #159725
- Ignore SAFeTRADE |
10/25/2022 8:32:54 PM
Here it is using the 10 day MA.
|
SAFeTRADE
656 posts
msg #159727
- Ignore SAFeTRADE |
10/26/2022 7:09:21 AM
Maybe this?
|
SAFeTRADE
656 posts
msg #159729
- Ignore SAFeTRADE |
10/26/2022 6:43:00 PM
Then again.
|
snappyfrog
749 posts
msg #159730
- Ignore snappyfrog |
10/26/2022 9:51:09 PM
I like the second one above. Just one question.
What does "pow" stand for?
set{x4, pow(x5,0.50)}
|
SAFeTRADE
656 posts
msg #159731
- Ignore SAFeTRADE |
10/26/2022 10:38:32 PM
snappy frog here is answer,
8/9/2007 2:20:06 AM
And, if you want the root of a function simply raise your measure to the decimal equivalent of its fraction. For example ...
the 1st root of the CLOSE = close^(1/1)
the 2nd (square) root of the CLOSE = close^(1/2)
the 3rd (cube) root of the CLOSE = close^(1/3)
the 4th root of the CLOSE = close^(1/4)
Submit Fetcher[
and add column pow(close,1.00)
and add column pow(close,0.50)
and add column pow(close,0.33)
and add column pow(close,0.25)
I do not think any of what I have done is correct.
|