Signal clarity

[dloomis]

I just posted a file to

Group Name: Three Signals

Main Page URL: http://share.esignal.com/groupcontents.jsp?name=Three Signals

with the inital FG system.

See picture below.

[Gavishti]

Signals

I have a few suggestions. Hope you don't mind me piping in.

I have been thinking about something similar. However, I was going to use arrows on the indicators. For example:

When the RSI is above 80 I would post a red right triangle on the 20 baseline. When it crosses below the 80 place three red down triangles centered on the 20. An alert could be sounded when the signal goes into the above 80 area to let you know that the setup is taking place. A different sound can then be used for the actual crossing.

Switch for long signals and do something simliar on other indicators. This lets you know what is setting up and what is going off.

I have used background color for some signals from an MA crossover to give an indication of whether I want to be long or short. Basically, I want to be long when above the MA and short when below it. Rose and Light Green seem to work better. At least it is easier for me to see the underlying signal or bars.

I have also been working on some signals where I place the text "LONG @ 9987" or "SHORT @ 9995" inside a frame with red or green background, yellow text, a line, and an arrow pointing to the place where I want to enter. The signal looks good. However, I'm still working on the logic of what is a good signal.

I couldn't figure out how to include an image so have attached a png file if you want to see a sample.

[FibbGann]

Sorry went to dinner I will take the original and your 2nd suggestion Dloomis and test them on the contract you distinguished. One question do you want me to backtest these or just follow them in real time?


Fibbgann

[FibbGann]

I am also going to test with the CCI at 14 I think we may get better results.

Fibbgann

[dloomis]

Re: Reply to post 'Signal clarity'

I like that idea, thx for chiming in.

I took your idea and applied something I almost always do, lay out all the
data and see if it lines up.

In this case, I found a logic error - and a big one at that.

I posted the new efs in the Three Signals group, nut basically the signals
were not firing correctly - doh.

This file now shows each of the indicators and draws a green or red line
when the indicator flips, this way you can tell which one is long and which
is short at any given time - your point I believe.

I think as we go along, adding text will be useful for the daily wrap up -
as I would like to add some trading logic to interface with IB also, but no
sense doing that till we have something that works. Shouldn't take long,
should it?

PS I know the chart is busy, but we will clean it up once we are sure it is
correct.

Thx again for sharing your ideas.

----- Original Message -----
From: <[email protected]>
To: <[email protected]>
Sent: Saturday, December 13, 2003 7:27 PM
Subject: Reply to post 'Signal clarity'


> Hello dloomis,
>
> ~~~~~~~~~~~~~~~~~~~~~~~~~~~~
>

[dloomis]

Re: Reply to post 'Signal clarity'

http://share.esignal.com/groupconten...Signals&folder is the
file location

I think and end of day wrap up should be good. Your location may facilitate
an update well before the market opens.

If you can do a backtest, maybe we should.

>

[FibbGann]

The fileshare group I see the FG.ACH and 20s9. png. No updated FG.efs?


Fibbgann

[dloomis]

Re: Reply to post 'Signal clarity'

http://share.esignal.com/groupcontents.jsp?groupid=331

does that work any better?


>

[FibbGann]

Ok. I have the ACH, but I am lost here somewhere in the mix. I am showing the CCI, RSI, STOCHASTIC. and the FG ALL.efs. No signals of the fgall.efs though. I am so lost on this one. What did you change to add to Gav's input?


Fibbgann

[dloomis]

The latest ach file should look like this

[FibbGann]

Either my brain just fell off the cliff or I am totally lost . (could be both) If I can figure this out I will go ahead and backtest this thing now.

fibbgann

[FibbGann]

Ok I am getting the same chart, but I am not getting the signals. The red and green? I beleive I need the latest version of the efs to straighten this out.


Fibbgann

[FibbGann]

This is what the fgall.ach appears as. I can see already there is a flaw with this. It looks as if the CCI is coded the opposite of the others. Also the latest version of the FG needs to be uploaded.


Fibbgann

[FibbGann]

OK... I was doing a visual on this and after seeing what was wrong. CCI was coded the opposite of what it should be.(simple mistake) I saw some EXCELLENT signals. There are 2 ways that this will need to be coded. One as a cross over (or above) and one as a bias. In all actualality using both codings will be a significant indicator!
I will brush up on the detail as soon as I compile them all together.


Fibbgann

[dloomis]

FibbGann

"CCI was coded the opposite of what it should be.(simple mistake)"

I coded the following...

If cci crosses up above 100 is a long signal

if cci crosses down thru -100 is a short signal

Is this backwards?

(easy fix if it is.)