With due respect, it appears you simply pasted the BRIN code, changed the symbols, and expect results. Aaah, if it were that easy....
I just glanced over and it seems in the first code you use a 10-day MA while in the second code you don't average at all. That's just one thing I notice. Even if you get a true comparison chart, don't judge the two codes by eyeballing a few charts. In order to benefit from the code you have to dig into the article and truly understand why it is a fundamentally better procedure. Then again, feel free to stick with the sentimentrader code if you like it. --- In [email protected], "murthysuresh" <[EMAIL PROTECTED]> wrote: > > Hello > i see a difference between the ARMS and the BTRIN methodology. I am > using the daily timeframe. I am attaching the screenshots using both > iqfeed and qp2. the BTRIN is very choppy. the arms is able to capture > the major turns. i get the same results with both the data sournce. > qp2 chart > http://img249.imageshack.us/my.php?image=nasdarmsbrinqp2chartms2.png > > dtn chart. > http://img509.imageshack.us/my.php? > image=nasdarmsbriniqfeedchartpo1.png > > http://www.sentimentrader.com/subscriber/trin_nasdaq_description.htm > seems to discuss bands using calculated mean. i am using the > bollinger bands to define the extremes bands. is there a different > way of demonstrating the bands. > > the formula for arms is below > > > Plot(Close,"nasdaq",colorOrange,styleLine); > ForeignSYMBOL = Foreign("NASTRIN.Z","Close"); > Plot(MA(ForeignSYMBOL,10),"Nasdaq Trin", > colorPink,styleLine|styleOwnScale); > //Plot(StDev( Close, 10),"STD Dev",colorBlue,styleLine|styleOwnScale); > > _SECTION_BEGIN("Bollinger Bands"); > P = ParamField("Price field",-1); > Periods = Param("Periods", 15, 2, 100, 1 ); > Width = Param("Width", 2, 0, 10, 0.05 ); > Color = ParamColor("Color", colorCycle ); > Style = ParamStyle("Style"); > Plot( BBandTop( P, Periods, Width ), "BBTop" + _PARAM_VALUES(), > Color, Style ); > Plot( BBandBot( P, Periods, Width ), "BBBot" + _PARAM_VALUES(), > Color, Style ); > _SECTION_END(); > > the formula for btrin is > function BrinTransform( x ) > { > return ( 1 - x )/Max( 1, x ); > } > // data-source dependent symbols > dnvol= Foreign("!NQ-DV", "C"); > upvol= Foreign("!NQ-AV", "C"); > advn = Foreign("!NQ-D", "C" ); > decl = Foreign("!NQ-A", "C"); > Trinx = (dnvol/ upvol ) * ( advn / decl ); > BRINx = BrinTransform( Trinx ); > ILine = BrinTransform( (advn/decl)^2 ); > VLine = BrinTransform( (dnvol/upvol)^2 ); > //Plot( Trinx, "Trinx", colorRed ); > Plot( BRINX, "BRIN", colorBlack ); > Plot( ILine , "ILine", colorBlue ); > Plot( VLine , "VLine", colorViolet ); > > > --- In [email protected], "treliff" <treliff@> wrote: > > > > Have fun, it's a bit tough but worthy read. Feel free to ask if > > necessary. > > > > -treliff > > > > --- In [email protected], "murthysuresh" <money@> wrote: > > > > > > thanks for athe article. its going to be 1 interesting sunday > > reading > > > it. > > > > > > seede > > > --- In [email protected], "treliff" <treliff@> wrote: > > > > > > > > Some advice: be very careful, you cannot simply take a moving > > > average > > > > of TRIN, which also becomes clear in the article you mention, > > where > > > > the calculated mean is so far above TRIN's neutral value of 1. > > > > > > > > For a responsible use of TRIN consider reading this article: > > > > > > > > http://store.traders.com/stcov236ovma.html > > > > > > > > and this accompanying code: > > > > > > > > > > > > > > http://www.traders.com/Documentation/FEEDbk_docs/Archive/122005/Trader > > > > sTips/TradersTips.html#amibroker > > > > > > > > -treliff > > > > > > > > --- In [email protected], "murthysuresh" <money@> wrote: > > > > > > > > > > hello > > > > > i am trying to plot a chart like below. but i get a flat line > > for > > > > trin > > > > > and nasdaq. How can i change to make it happen. > > > > > > > > > > my formula > > > > > Plot(Close,"nasdaq",styleLine|colorOrange|styleOwnScale); > > > > > ForeignSYMBOL=Foreign("NASTRIN.Z","Close") ; > > > > > Plot(MA(ForeignSYMBOl,10),"Nasdaq Trin", > > > > > styleLine|colorPink|styleOwnScale); > > > > > > > > > > chart that i am trying to emulate > > > > > > > > > http://www.sentimentrader.com/subscriber/trin_nasdaq_description.htm > > > > > > > > > > > > > > >
