Hello,
I could "package" bread and butter, and sell it. But I can not claim any
intellectual rights to it. This is the point.
This indicator is not different that say MA(16). It is well-known formula (yes
simple moving average
is also FIR filter!) plus arbitrarily selected parameter (16). Nothing more.
There are many freeware IIR and FIR "design" programs (even on line like this:
http://www-users.cs.york.ac.uk/~fisher/mkfilter/
that allow you to enter cutoff frequency, passband ripple, etc
and so on and the result is just the set of coefficients, and even C-source
code ! so everybody can come up with zillions of
such "inventions" in a matter of 5 seconds.
Best regards,
Tomasz Janeczko
amibroker.com
On 2010-08-26 00:41, Mubashar Virk wrote:
Hi,
I did not say you added them. I just said you may/might remove them.
I understand what you mean "plain old FIR (finite impulse response) can be
proprietary", and I agree.
However, there are lots of guys out there busy packaging the open stuff into "neural-networks" and other number generators, and selling them as there own.
Fin-Ware is one of the guys. They sell FATL, SATL, etc. and the numbers/indicators generator software. Hence, the assumption that they are (or may be)
proprietary.
http://www.fin-ware.com/indicators.html
Regards,
Mav
PS: Is it DeMark who own a copyright on "OHLC". ;)
On 8/26/2010 1:35 AM, Tomasz Janeczko wrote:
Hello,
The original poster (soni67c) added them.
With regards to 'proprietary' claim - could you explain?
I don't think that a plain old FIR (finite impulse response) can be proprietary,
and the formula in question is nothing more than basic FIR filter.
http://en.wikipedia.org/wiki/Finite_impulse_response
Z-transform (which is core idea behind
digital filters like FIR) was introduced in 1952 (Ragazzini & Zadeh).
Applications to sampled data systems are known from 1955 (Lago, G.V)
1958 (Jury)
Best regards,
Tomasz Janeczko
amibroker.com
On 2010-08-25 21:08, Mubashar Virk wrote:
Who posted them?
Fin-ware!
If not then TJ may have to take them out. These are proprietary (and not for
public disclosure), I think.
On 8/25/2010 11:48 PM, soni67c wrote:
Dear members,
This is to notify that INDICATORS for FATL,SATL,RFTL,RSTL has been posted in AB
Library .
Thank you
