Bill I have not searched for such. Before I started using AB last
summer, I had written my own personal charting and simulation
program. I did adjust all studies for splits. AB was the first
program I found which was good enough to entice me away from my own
program based on the current and ongoing development of features.
Besides, spending so much time programming left to little time for
trading. LOL
Dennis
On Apr 28, 2007, at 11:41 AM, wavemechanic wrote:
Do you know of software that automatically adjusts trendlines for
adjusted prices (dividends and splits)?
Bill
----- Original Message -----
From: Dennis Brown
To: [email protected]
Sent: Saturday, April 28, 2007 11:19 AM
Subject: Re: [amibroker] Re: Trendlines displaced after split
Hello,
Many things affect a stocks perceived value. Trend lines are drawn
to detect when the perceived value of a company is continuing or
changing from the past expectations. If a stock split will have an
effect on the the perceived value of a company and cause the price
to rise or fall then this can be detected by a split adjusted trend
line study. Support and resistance lines also are revelent, but
only of adjusted for the split. A horizontal price line that was
drawn as an entry price would also benefit from being split
adjusted. Generally every study I can imagine would only be useful
if adjusted for the post split prices.
AB's seems to lack the ability to adjust studies to the adjusted
post split historical prices.
Leaving a study hanging in the air, perhaps so far from the current
price that it can not even be seen on the chart anymore is not IMHO
desirable.
How might one go about adjusting study prices for a split in AFL?
Would it be desirable for AB to have an option to adjust study
prices along with stock prices?
Should a request be put in for this feature?
All the data is available to make this adjustment in AB. The study
handles are tagged with the date and price, so it can be figured
out if a handle needs to be adjusted.
Dennis
On Apr 27, 2007, at 11:43 PM, Prashanth wrote:
Hello,
If you use AFL coding to draw the trend lines, it gets changed
because after you split, new Highs and Lows are used to write new
trendlines.
But if you have inserted a trendline manually btw the low point
and the high point, how do you think the software will know about
it. You are actually drawing a line btw two points in terms of
value. No matter what happens to the chart, the line remains
static without any change. If you have a scrip which has been
split, you will have to re-draw all trendlines afresh.
Cheers
Prashanth
----- Original Message -----
From: Dennis Brown
To: [email protected]
Sent: Saturday, April 28, 2007 5:35 AM
Subject: Re: [amibroker] Re: Trendlines displaced after split
A bit heavy handed of a reply IMHO --DId you really read the
question?
I am generally impressed by the helpfulness of the posters on this
board --you must have had a bad day today.
The help does not tell how to get study trend lines automatically
included in a split operation, or even if it is possible.
I tried this out on a sample, and the trend line was not adjusted, so
the previously trend line was hanging in the air.
The AB split operation is still a bit of a mystery to me. Doing a
backfill operation after a split gets me confused real quick.
Deleting a symbol that was split and then adding it again is just as
confusing. I end up doing a lot of undoing of splits by reverse
split. I have not looked into what I or AB might be doing wrong yet,
but it is not intuitively obvious to me. I have not done an
exhaustive search for answers about split at this point.
Dennis
On Apr 27, 2007, at 4:26 PM, dingo wrote:
> Let's see now... You opened the help file; clicked on the Search
> tab; typed
> in "split" without the "'s; clicked the List Topics button and you
> didn't
> like the first answer it gave you?
>
> And the answer to your question is NO.
>
> d
>
>> -----Original Message-----
>> From: [email protected]
>> [mailto:[EMAIL PROTECTED] On Behalf Of ruthieflodberg
>> Sent: Friday, April 27, 2007 3:54 PM
>> To: [email protected]
>> Subject: [amibroker] Re: Trendlines displaced after split
>>
>> Are you supposed to redraw every singel trendline just because
of a
>> simpel 4:1 split, to get them back in place? Can somebody
>> tell me that?
>>
>>
>> --- In [email protected], "ruthieflodberg"
>> <[EMAIL PROTECTED]> wrote:
>>>
>>> After a 4:1 split my trendlines are completely displaced. Does
>> anyone
>>> know how to solve this?
>>>
>>> Best Regards
>>>
>>
>>
>>
>>
>> Please note that this group is for discussion between users only.
>>
>> To get support from AmiBroker please send an e-mail directly to
>> SUPPORT {at} amibroker.com
>>
>> For NEW RELEASE ANNOUNCEMENTS and other news always check DEVLOG:
>> http://www.amibroker.com/devlog/
>>
>> For other support material please check also:
>> http://www.amibroker.com/support.html
>>
>> Yahoo! Groups Links
>>
>>
>>
>>
>
>
>
> Please note that this group is for discussion between users only.
>
> To get support from AmiBroker please send an e-mail directly to
> SUPPORT {at} amibroker.com
>
> For NEW RELEASE ANNOUNCEMENTS and other news always check DEVLOG:
> http://www.amibroker.com/devlog/
>
> For other support material please check also:
> http://www.amibroker.com/support.html
>
> Yahoo! Groups Links
>
>
>
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