StockFetcher Forums · Filter Exchange · Hughes Breadth Momentum Oscillator<< >>Post Follow-up
guymar
113 posts
msg #92416
Ignore guymar
modified
5/10/2010 10:45:41 AM

Continuous re-investing 100,- with this filter (and the parameters included) since 1932 should have generated more than a billion in return....

It is according to Robert Colby on of the most reliable oscillators around.

I found the signals on entering long or entering short very interesting (mainly because the filter gave a buy signal for today, and yes I checked that before the session).

Long with entry and exit signal:

Fetcher[symlist(dia)
set{var1, ind(^advn,close)}
set{var2, ind(^decn,close)}
set{var3, ind(^uncn,close)}
set{var4, var1 + var2}
set{var5, var4 + var3}
set{var6, var1 - var2}
set{Hughes, var6 / var5}
set{Hughes100, Hughes * 100}
set{Hughes8, Hughes100 + 100}

Draw Hughes8

set{Semalong, CEMA(Hughes8,12)}
set{Semaclose, CEMA(Hughes8,2)}

Draw Semalong
Draw Semaclose

set{longhelp, Semalong one day ago}
set{closehelp, Semaclose one day ago}
set{longhelp1, longhelp * 0.92}
set{closehelp1, closehelp * 1.04}

Draw longhelp1 on plot Semalong
Draw closehelp1 on plot Semaclose

add Column Hughes8
]



Short:

Fetcher[symlist(dia)
set{var1, ind(^advn,close)}
set{var2, ind(^decn,close)}
set{var3, ind(^uncn,close)}
set{var4, var1 + var2}
set{var5, var4 + var3}
set{var6, var1 - var2}
set{Hughes, var6 / var5}
set{Hughes100, Hughes * 100}
set{Hughes8, Hughes100 + 100}

Draw Hughes8

set{Semashort, CEMA(Hughes8,8)}
set{Semacover, CEMA(Hughes8,46)}

Draw Semashort
Draw Semacover

set{shorthelp, Semashort one day ago}
set{coverhelp, Semacover one day ago}
set{shorthelp1, shorthelp * 1.04}
set{coverhelp1, coverhelp * 0.92}

Draw shorthelp1 on plot Semashort
Draw coverhelp1 on plot Semacover

add Column Hughes8
]



mystiq
650 posts
msg #92645
Ignore mystiq
5/14/2010 6:29:43 AM

can you explain the signals...? for SHORT n LONG ? Thx

guymar
113 posts
msg #92661
Ignore guymar
5/14/2010 10:00:34 AM

Yes, I have found that the Long and Short signals work best, not the close and cover signals. On the short filter: Go short when Semashort dives below shorthelp 1 (that just happened); on the long filter, go long when Semalong is above longhelp1. This signalled perfectly last week when most people thought we would have continued lower, the long oscillator gave a buy signal...


mktmole
325 posts
msg #92667
Ignore mktmole
5/14/2010 10:32:49 AM

Long with entry and exit signal: ...
- - - -

anything for the cheap subs ?

StockFetcher Forums · Filter Exchange · Hughes Breadth Momentum Oscillator<< >>Post Follow-up

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