The download file has been overwritten with a new, slightly tidier, version.

I find the key concepts, demonstrated in the file, very helpful indeed.

Arithmetic Mean, Geometric Mean and StdDev are a beautiful things (and I am not 
even a mathematician).

My teacher taught me that "an apple doesn't ripen overnight" ... he used it in 
a different context but Tomaasz said the same about AB when he said "it takes 
time to sink in" ... this is a fundamental truth of learning.

There are some hints in the file for new programmers:

- understand the logic first
- lay the logic out
- start at the top and work sequentially, line by line, (this rules covers the 
majority of basic situations)
- test the veracity of your logic/code line by line (in AB I do that by 
plotting everything I can ... one line at at time if I am stuck ... as I get 
better I can skip more and more blocks of lines because experience tells me 
they are correct if the syntax and logic are correct.

In this case:

- focus on method one
- start at the top of the worksheet and find a way to express each line in AFL
- leverage could be a Param function or optimizeable or a static variable or a 
variable that you change manually in your code.
- you have the price series e.g. Close
- you have the begin value of the Close 
- use the functions to create the rows as arrays
- substitute the numerical factor, in the manual OHLC example, for the 
ShiftFactor array.

That is easy enough.

The most important thing is to steep yourself in the logic.



--- In [email protected], "longarm61" <no...@...> wrote:
>
> Thanks for the replies, Brian.  I'm very much inept when it comes to AFL so 
> I'll have to try to make sense of it all.  In answer to your previous post, 
> my plan was to use it for charting, but backtesting capability might come in 
> handy too. Charting would be the priority though.
> 
> Thanks again,
> 
> Grant
> 
> 
> --- In [email protected], "brian_z111" <brian_z111@> wrote:
> >
> > Grant,
> > 
> > I found your idea interesting so I did a little bit more.
> > 
> > > 1) make separate arrays for ROC(X,1) where X = O,H,L,C,Ave etc (as 
> > > >required)
> > > 
> > > factorO = ROC(O,1);//as GrowthFactor e.g. 2% = 1.02, -2% = 0.98
> > > etc
> > 
> > I missed a couple of steps out ... you probably figured that already but 
> > just in case here is an excel file that demos the logic ... I show two 
> > methods to produce a simulated leveraged price series from a base price 
> > series; log/antilog and relativeGeometricMean.
> > 
> > Scroll down to section 2 Miscellaneous Files >> LeveragedPriceSeries.xls
> > 
> > http://zboard.wordpress.com/downloads/
> > 
> > 
> > 
> > 
> > 
> > 
> > 
> > --- In [email protected], "brian_z111" <brian_z111@> wrote:
> > >
> > > To toggle your thinking:
> > > 
> > > (I am just imagining a chart to start with ... not sure what your final 
> > > objective is ... if PLOTOHLC helps you could work it towards a 
> > > backtesting array version ... versions might be different depending on 
> > > whether you want it for chart reading, backtesting or both)
> > > 
> > > 1) make separate arrays for ROC(X,1) where X = O,H,L,C,Ave etc (as 
> > > required)
> > > 
> > > factorO = ROC(O,1);//as GrothFactor e.g. 2% = 1.02, -2% = 0.98
> > > etc
> > > 
> > > 2) substitute factorO, factorH etc in PLOTOHLC example
> > > - when you want to go back to 'Price', instead of leveraged Price, use 
> > > factor == 1, which is ROC neutral.
> > > 
> > > 3) if you get something going there and you like it maybe ParamToggle 
> > > will let you switch from Price to Leveraged Price in live chart mode
> > > 
> > >     - ParamToggle is boolean so toggle P or LP yes or no?
> > >     - conditional statement (if toggle is yes use leveraged price array)
> > > 
> > > There would be other ways so comeback if you want options.
> > > 
> > > I think ATC can store conditioned arrays so you could also use that and 
> > > save leveraged Price arrays as pseudo tickers (if you aren't up to speed 
> > > on ATC reference Hermans PDF tutorial at the UKB).
> > >  
> > > 
> > > 
> > > --- In [email protected], "longarm61" <norm1@> wrote:
> > > >
> > > > Thanks much, Brian, I will look into that.
> > > > 
> > > > Grant
> > > > 
> > > > --- In [email protected], "brian_z111" <brian_z111@> wrote:
> > > > >
> > > > > What about  211. (indexed from AFL by name) PLOTOHLC (Exploration / 
> > > > > Indicators) - plot custom OHLC chart (AFL 2.2)
> > > > > 
> > > > > Will that do the job?
> > > > > 
> > > > > 
> > > > > --- In [email protected], "longarm61" <norm1@> wrote:
> > > > > >
> > > > > > Hi, I'm guessing that this is a simple thing, but of course, it's 
> > > > > > not for me. I'm trying to simulate the performance of leveraged 
> > > > > > ETFs going back farther than they go back themselves, hence the 
> > > > > > following:
> > > > > > 
> > > > > > I would like to plot a line which moves 2x percentage-wise the 
> > > > > > gain/loss of a particular stock PER DAY (bar).  E.g., if I have SPY 
> > > > > > up, and SPY moves up 1% on Monday, the line moves up 2%.  If SPY 
> > > > > > moves down .5% on Tuesday, the line moves down 1%.  And so on.  
> > > > > > It'd be nice to have an option to switch between PRICE and 
> > > > > > PERCENTAGE on the current value (from the first bar showing to the 
> > > > > > last), but if it's a choice between one or the other, I'd prefer 
> > > > > > price.
> > > > > > 
> > > > > > Thanks so much for any assistance on this.
> > > > > > 
> > > > > > Grant
> > > > > >
> > > > >
> > > >
> > >
> >
>


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