Weekly chart (FGL)

To view extra charts click here.

Most weeks the blog will have a post called “Weekly Chart”.

The charts will be selected from the Australian ASX20 with the first chart being AMP.
Charts mostly have VSTPro templates applied with comments added.

Charts are selected in alphabetical order and for educational purposes only.
These are not recommendations to trade.

Note……………
Reading the results in the data window and comparing them to other charts can be
very useful.

Click on the link at the top of this post to view a slide show.

VST (custom ver.) "Clear method" strategy.



To view a short video on setting-up the "Clear method" click here.



This is another way to use indicators with the VST Custom Strategy.

Copy/paste the formula below in to the MetaStock “Indicator Builder”.

Name the indicator “Clear method” without the quotation marks.


{Clear swing method based on S&C article "Getting Clear With Short-Term Swings":
http://www.traders.com/Documentation/FEEDbk_docs/2010/09/Black.html
Note that the MetaStock "Clear" code as provided by Equis at www.traders.com is incorrect.

Code adapted from VSTpro original code.
http://www.metastocktools.com/vst

Coded by Jose Silva at
http://www.metastocktools.com }


{ ----------- Start of custom code ----------- }

{User inputs}
swUp:=Input("Signals: Minimum UpSwing change %",0,25,0);
swDw:=Input("Signals: Minimum DwSwing change %",0,25,0);
rev:=Input("Reverse trade signals? [1]Yes [0]No",0,1,0);
display:=Input("Display: [1]'Clear' swing line [2]Signals",1,2,2);

{Ignore inside bars, avoid up/dw same-bar clash}
insideBar:=L>Ref(L,-1) AND H<Ref(H,-1);

{Clean price direction signals}
up:=H>Ref(H,-1) AND insideBar=0;
upSignal:=up AND Alert(up=0,2);
dw:=L<Ref(L,-1) AND insideBar=0;
dwSignal:=dw AND Alert(dw=0,2);
init:=Cum(IsDefined(upSignal+dwSignal))=1;
bin:=ValueWhen(1,upSignal-dwSignal<>0 OR init,
upSignal);
up:=bin*(Alert(bin=0,2)
OR upSignal*Cum(upSignal)=1);
dw:=(bin=0)*(Cum(bin)>0)*(Alert(bin,2)
OR dwSignal*Cum(dwSignal)=1);

{Clear Long/Short signals, swing line}
ClearUp:=Cross(L,ValueWhen(1,up,Ref(H,-1)))
AND insideBar=0;
ClearDw:=Cross(ValueWhen(1,dw,Ref(L,-1)),H)
AND insideBar=0;
init:=Cum(IsDefined(ClearUp+ClearDw))=1;
bin:=
ValueWhen(1,ClearUp-ClearDw<>0 OR init,ClearUp);
Clear:=If(bin,HighestSince(1,ClearUp,L),
LowestSince(1,ClearDw,H));

{Swing signals}
entry:=Clear>Ref(Clear,-1)*(1+swUp/100);
exit:=Clear<Ref(Clear,-1)*(1-swDw/100);


{ ------------ End of custom code ------------ }

{Reverse signals choice}
entry1:=entry;
entry:=If(rev,exit,entry1);
exit:=If(rev,entry1,exit);

{Display on price chart}
If(display=1,Clear,entry-exit)

{---------------End of copy/paste-----------}


Now that the indicator has been added to the ” Indicator Quick List” open any chart and apply the “VST Custom Strategy” template.

By using the " Formula Call [fml()] " function to calculate the value of another formula the user is able to reference the "Clear method" indicator without placing the complete indicator in to the VST Custom Strategy.

Open the “VST Custom Strategy” indicator and enter the code below.

{ ------------------------------------------ }

entry:=Fml("Clear method")>0;

exit:=Fml("Clear method")<0;

entry-exit

{ ------------------------------------------ }

Close the "VST Custom Strategy" indicator and click refresh chart, now the chart will display the
"Clear method" signals.

View the video for full details.

Weekly chart (CSL)


To view extra charts click here.

Most weeks the blog will have a post called “Weekly Chart”.

The charts will be selected from the Australian ASX20.
Charts mostly have VSTPro templates applied with comments added.

Charts are selected in alphabetical order and for educational purposes only.
These are not recommendations to trade.

Note……………
Reading the results in the data window and comparing them to other charts can be
very useful.

Click on the link below the chart to view a slide show with extra charts.

*Extra VST information is available from the links below*

metastocktools.com
learnmetastock.com

Weekly chart (CBA)

To view extra charts click here.

Most weeks the blog will have a post called “Weekly Chart”.

The charts will be selected from the Australian ASX20.
Charts mostly have VSTPro templates applied with comments added.

Charts are selected in alphabetical order and for educational purposes only.
These are not recommendations to trade.

Note……………
Reading the results in the data window and comparing them to other charts can be
very useful.

Click on the link below the chart to view a slide show with extra charts.

"Clear method" tested using the VSTpro platform

To view extra charts click here,

Please refer to the stats in the commentary window on the left side of the charts.

The charts with the light grey background have the trade signals reversed from long to short.

These charts are based on a STOCKS & COMMODITIES magazine article.
"Getting Clear With Short-Term Swings":
http://www.traders.com/Documentation/FEEDbk_docs/2010/09/Black.html

The Clear method indicator used in testing these charts was created by Jose Silva
metastocktools.com
.

The first set of charts is the Australian ASX S&P 200 (XJO).

The stock charts were selected after running a VSTpro exploration and selecting the stocks with the highest Profit/Risk ratios.

The last set of charts in the slide show were created using the VSTpro Optimization template for a comparison to the Clear method.

Weekly chart (BXB)

To view extra charts click here.

Most weeks the blog will have a post called “Weekly Chart”.

The charts will be selected from the Australian ASX20.
Charts mostly have VSTPro templates applied with comments added.

Charts are selected in alphabetical order and for educational purposes only.
These are not recommendations to trade.

Note……………
Reading the results in the data window and comparing them to other charts can be
very useful.

Click on the link below the chart to view a slide show with extra charts.
 
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