Error

 Previous Topic Next Topic
 MS Support #1 Posted : Friday, July 28, 2017 10:16:57 PM(UTC) Rank: Advanced MemberGroups: Moderators, Registered, Registered Users, SubscribersJoined: 10/8/2010(UTC)Posts: 1,429Thanks: 35 timesWas thanked: 112 time(s) in 108 post(s) Ken Calhoun's article, “Mean-Reversion Swing Trading”, presented a visual trading system designed to take advantage of pullbacks in uptrends.  The formula below, used as a filter in the explorer, will find such trading opportunities.   The first two lines of the formula allow the user to adjust the parameters of the scan: "Z" is the minimum percentage increase in the initial upswing."fudge" is the percentage difference allowed between the close on the pullback and the actual 50% mean reversion.The formula is presented using values of 10% minimum move and a 0.1% allowance on the difference at the reversion level. Exploration filter: Code:``````z:= 10; fudge:= 0.1;  p1:= LastValue(TroughBars(1, C, z)); pv1:= Trough(1, C,z); p2:= LastValue( HHVBars( C, p1 )); pv2:= HHV( C, p1); meanrev:= (pv1 + pv2) / 2; pv3:= LLV(C, p2); p1 < PeakBars(1, C, z) AND pv2 >= pv1 * (1 + (z/100)) AND Ref(Abs(pv3 - meanrev) <= pv3 * (fudge/100), -1) AND C > Ref(C, -1) AND LLVBars(C, p2) = 1 AND pv1 >= 20 AND pv2 <= 70`````` Edited by user Monday, July 31, 2017 5:14:20 PM(UTC)  | Reason: Not specified
 Wanna join the discussion?! Login to your Discussions forum accountor Register a new forum account.
 Users browsing this topic
Forum Jump
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.