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gorachand		#1 Posted : Sunday, May 29, 2016 2:21:15 PM(UTC)
Rank: Advanced Member Groups: Registered, Registered Users Joined: 2/19/2012(UTC) Posts: 106 Thanks: 1 times Was thanked: 1 time(s) in 1 post(s)		Hello, I fashioned a moving average ribbon cross over indicator by taking a base moving average 10 day exponential and adding 7 others by increasing the time period by 10 upto 80. I tried to fashion a buy exploration for the ribbon thus (see below) and got absolutely nowhere (Alert(Cross(Mov(C,10,E),(Mov(C,20,E))),10) AND (Alert(Cross(Mov(C,10,E),(Mov(C,30,E))),10) AND (Alert(Cross(Mov(C,10,E),(Mov(C,40,E))),10) AND (Alert(Cross(Mov(C,10,E),(Mov(C,50,E))),10) AND (Alert(Cross(Mov(C,10,E),(Mov(C,60,E))),10) AND (Alert(Cross(Mov(C,10,E),(Mov(C,70,E))),10) AND (Alert(Cross(Mov(C,10,E),(Mov(C,80,E))),10)))))))) Can anybody help? Regards, Dr.Chatterjee


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MS Support		#2 Posted : Thursday, June 2, 2016 3:14:48 PM(UTC)
Rank: Advanced Member Groups: Moderators, Registered, Registered Users, Subscribers Joined: 10/8/2010(UTC) Posts: 1,960 Thanks: 92 times Was thanked: 155 time(s) in 150 post(s)		The formula appears to function, although the conditions might be somewhat rare. The best suggestion I have is to plot the formula as an indicator in a chart to test functionality. Plotting your formula in a Daily chart of Apple, the condition seems to occur roughly 6 times (it stays true after triggering for 2 days typically). The last time it triggered was in November 2015. You would probably also want to ensure you are loading enough history (do not use Load Minimum Records with Exponential calculations). 200 records should be more than enough.


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gorachand		#3 Posted : Friday, June 3, 2016 2:54:58 PM(UTC)
Rank: Advanced Member Groups: Registered, Registered Users Joined: 2/19/2012(UTC) Posts: 106 Thanks: 1 times Was thanked: 1 time(s) in 1 post(s)		Yes ---the formula is functional but I am not satisfied. What I want is a buy signal when the ribbon collapses on itself and regenerates anew. I tried the following X:=(Alert(Cross(Mov(C,10,E),(Mov(C,20,E))),10) AND (Alert(Cross(Mov(C,10,E),(Mov(C,30,E))),10) AND (Alert(Cross(Mov(C,10,E),(Mov(C,40,E))),10) AND (Alert(Cross(Mov(C,10,E),(Mov(C,50,E))),10) AND (Alert(Cross(Mov(C,10,E),(Mov(C,60,E))),10) AND (Alert(Cross(Mov(C,10,E),(Mov(C,70,E))),10) AND (Alert(Cross(Mov(C,10,E),(Mov(C,80,E))),10)))))))); Y:=Mov(C,10,E)>Mov(C,20,E) AND Mov(C,20,E)>Mov(C,30,E) AND Mov(C,30,E)>Mov(C,40,E) AND Mov(C,40,E)>Mov(C,50,E) AND Mov(C,50,E)>Mov(C,60,E) AND Mov(C,60,E)>Mov(C,70,E); U:=Alert(X,16) AND Y; {Plot} U; This is definitely better but still gives a few false signals. Perhaps tweaking the alert periods might do. Can anybody help? Regards, Dr.Chatterjee


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MS Support		#4 Posted : Friday, June 3, 2016 3:35:00 PM(UTC)
Rank: Advanced Member Groups: Moderators, Registered, Registered Users, Subscribers Joined: 10/8/2010(UTC) Posts: 1,960 Thanks: 92 times Was thanked: 155 time(s) in 150 post(s)		Hard to say, what do you consider a false signal? Any time you use the Alert function, the longer the time periods you use would reduce the precision of the condition.


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