PS Annual Strength weakness 2

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henry1224
Posts: 457
Joined: Wed Feb 24, 2016 12:04 pm

PS Annual Strength weakness 2

Post by henry1224 »

var1:=((RORPct(C,63))+(RORPct(Ref(C,63),63))+(RORPct(Ref(C,126),63))+(RORPct(Ref(C,189),63)));
var2:=Sum((var1-LLV(var1,252)),5)/Sum((HHV(var1,252)-LLV(var1,252)),5);
a:=var2>.5;
b:=var2<.5;
Long:BarsSince(A)<BarsSince(B),ColorGreen;
Short:BarsSince(A)>BarsSince(B),ColorRed;
FillRgn(Long>0,0,Long),Brush#50008000;
FillRgn(Short>0,0,Short),Brush#50800000;
hayuride
Posts: 4
Joined: Fri Mar 11, 2016 5:25 pm

Re: PS Annual Strength weakness 2

Post by hayuride »

Hi Henry,
Just like 2 know.. what's the diff between this and the previous weakness 1 version...

Anyway, was looking for something like this..

Inspire by Mark Minervini - Author Trade Like A Stock Market Wizard and Think & Trade Like a Champion

He's only interested when the trading environment of the stock is in
1. C > MA 150
2. MA 150 > MA 200

Environment meaning it's a long trend up, not just 1 point up...
So close to your Annual strength idea but perhaps have to Look back few ref point like what you did?

Anyway, I find out that there's a code LONGCROSSABOVE(F1,F2,N) and it seem to be what I wanted but there's not definition given in the Edgerater docs... May be Chris could provide some learning here...

In any case, he would then look for VPA which is basically a Squeeze type of trigger...
If you review chart with the above 1. & 2. cond. , I think you would be surprise to find that it point to high winning condition...
henry1224
Posts: 457
Joined: Wed Feb 24, 2016 12:04 pm

Re: PS Annual Strength weakness 2

Post by henry1224 »

A lot of my scripts have been rewritten from Metastock into Edgerater Script. Please do due backtesting before investing.

I have several different systems to match different trading styles. Find one that matches your specific trading style!
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