yakiku
2 posts
msg #303
- Ignore yakiku |
1/7/2003 5:05:08 PM
Hi,
Can anyone point out the difference between crossed above and touched from below?
Thanks,
Kira.
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tomb
267 posts
msg #305
- Ignore tomb |
1/7/2003 5:27:57 PM
Hi,
Probably the main difference between "touched from below" and "crossed above" is that the touched keyword typically looks for the case where a measure came very close to a target value. "Crossed above" means that during the specified period of time, the values actually moved from below to above.
In most cases where you are looking for something breaking through another measure or specific value, "crossed above" is likely the better phrase. Often in cases where you are looking for a touch, you can do something like this:
This way you can modify how close of a "touch" you are looking for as well as how long the measure has been below prior to touching.
Hopefully that helps, if not, don't hesitate to drop us a line!
Tom
StockFetcher.com Support
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zfetch
16 posts
msg #307
- Ignore zfetch |
1/7/2003 10:57:18 PM
For 'touched' and another phrase, 'channel' , I wanted know what numbers are used in the calculations.
- "Touched from below", "touched from above": What's the percentage or criteria used to define this? (How close does a number have to be, to touch the target value?)
- Channel: When the channel is calculated, does it always use minimum of x points to define the sides of the channel? Are the other basic criteria used?
- Channel: When specifying "near the bottom of" or "near the top of", what's the percentage or criteria used to define "near"?
Could these answers please be added to the descriptions for Filter Phrases, for future reference?
Thanks,
zfetch
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yakiku
2 posts
msg #308
- Ignore yakiku |
1/7/2003 11:25:11 PM
It will be of great help to have a PDF guide with all the phrases, indicators available and their usage.
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tomb
267 posts
msg #309
- Ignore tomb |
1/8/2003 9:24:35 AM
Hi,
We will certainly include all of the information and specifics in the StockFetcher user's guide. In the meantime, hopefully here are some answers to your questions:
For the touched keyword, a measure needs to be within 2% above or below (depending on the phrasing) to be considered a touch. This is an arbitrary value and if you are looking for more control of the proximity, we definitely recommend creating a filter such as the below:
This permits much more flexibility depending on your filtering needs.
In the case of the channel, I should first mention that we are looking to add more flexibility to that measure and allowing you to specifiy values that would indicate position of the close within the channel. In the meantime, here are some of the requirements used in the channels:
1) A channel is considered valid when the price "bounces" or alternates from one boundary to the other at least 4 times.
2) A channel does use all of the specified days to build the channels. The resulting channels are similar to linear regression channels.
3) "Near top" indicates the price is within the top 1/8th of the channel And conversely, "near bottom" indicates the price is within the bottom 1/8th of the entire channel.
Hopefully the above helps to answer your questions. We will definitely provide more details in a user-guide, but please don't hesitate to ask if you have any additional questions!
Thank you,
Tom
StockFetcher.com Support
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zfetch
16 posts
msg #310
- Ignore zfetch |
1/8/2003 6:16:46 PM
Thanks for the answers on those phrases.
Looking forward to the added flexibility for channels.
-zfetch
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defghca
150 posts
msg #26002
- Ignore defghca |
2/27/2003 7:33:48 AM
in your 1/8/2003 follow-up you write:
1/8/2003 9:24:35 AM
Hi,
"We will certainly include all of the information and specifics in the StockFetcher user's guide.......We will definitely provide more details in a user-guide, but please don't hesitate to ask if you have any additional questions!"
where can we find this goldmine??.
In the case of the channel, I should first mention that we are looking to add more flexibility to that measure and allowing you to specifiy values that would indicate position of the close within the channel. In the meantime, here are some of the requirements used in the channels:
this would be a great enhancement
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mktmole
325 posts
msg #55524
- Ignore mktmole |
10/4/2007 11:22:31 AM
How is it possible to use "range within" percent?
example;
Show stocks where ema(34) is within 1 percent ( above or below )
of EMA(50)
thanks,
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