Boolean algebra inside.

Quote from frenchfry:

Allright... here is where I am.. after posting my Excel file I noticed that somehow I need to be able to retrieve, among other things, the previous day volume.
Being no programmer and no Excel geek either this led me to a two days journey on the web looking for suitable sample Excel files, VBA codes, Macros, etc. But once I found them I also had to try to understand them. Very complex.
At the end I "waded" through Spydertrader's first Equity journal which I just finished and found some more bits and pieces. I will try to "put the pieces together" and see if now I have what I need to follow your instructions.
You mentioned "cumulative volume" for the DU calculation... what does that mean? The average of a specific period? All values of a period simply added together?
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We can redo all of this so it works automatically.

2012 or 2013 will be the year when, finally the "pieces" get understood by platform providers.

cummulative may be hard to understnd and process.

In making money, their are price drivers.

the major direct price driver is volume.

Lets reason for a minute.

anyone can look at the market variables on any fractal.

Lets look.

we discover that the blue chips do not make any money. We see huge volume and a very stagnant price.

this stagnant "no money making" price is NOT where we want to be.

we look at the sweet spot for making money and we see leading and lagging of variables.

By understanding the daily variable activity, we can invent indicators that give us an advantage.

Many people on ET do not get this far.

Reason as to why price can make money for you. It is through price movement.

Long ago this ws explained in terms of price drivers. Dodd and Granville were famous for their original thinking. They articulated in papers and books how price drivers work. This is still true since human nature hasn't changed.

A stock's price doesn't change much if things are dull and routine.

People are the same. 90% of potential traders lose. Trader mining is a joke as proved on ET.

You can find out that when the price movement is dull there IS A CAUSE.

I fouind the CAUSE. I give it away to anyone.

Dry Up is the cause of no price movement.

It takes all day for the volume to accummulater to 0.25 of the 65 day average. This 0.25 comes from my knowledge and skills of the price driver Dodd and Granville wrote about.

Now, reason about how a price driver makes price move.

If 0.25 of the daily volume DOES NOT MAKE PRICE MOVE, WHAT DOES?

Also, if PRICE IS MOVING, WHAT STOPS IT FROM MOVING?

0.65 makes price start to move and less than 1.8 stops price from moving.

both of these factors along with 0.25 can be used on a class of stocks to make money under conditions where the Sharpe Ratio is over 60.

This is a powerful and unique application of a set of systematic price drivers.

As you see on the FRV column the values 0.22 and 0.26 occur within a 30 minute interval.

In coding and TA parlance this interval is called a SIGNAL from an INDICATOR.

I made a one pager o make use of these ideas.

A platform has a column named "unusual volume". to the provider and the programmer of the provider, they are noting "unusual volume" and they do NOT know anything about the value of "unsual volume".

I made "unusual volume" into a useful indicator by giving it three signals that follow an Ordr Of Events (OOE).

you have to be fifth grade or older to understand these concepts.

you double your capital 7 or 8 times a year using them properly.

You need a Universe.

Over the coming week you will find out how to go to a platform and make use of it to do this PVT trading.

I have a million vets and their families who need to be supplied with capital for living and paying for treatment where they live since there is no VA where they live. If they were to go to a VA they wouyld have room and baord costs to be near the VA. they have to have this income to pay these costs.
 
Quote from frenchfry:

Current universe filtered with above criteria. The first universe that I posted was simply an extract from IBD. From the new original stocktables list only 25 are left that fulfill those criteria.

Next step: Check if they moved multiple times 20% in the past and only put those who did in the hotlist. Correct?
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No.

The initial list is a filtered sort by using a criteria set.

you get a Universe.

In trading, making money is done by using skills and knowledge.

each stock in your Universe is examined and additional information is created.

we create price drivers by adding information to the dataflow from markets.

to make money you need to know when to do it and how to do it.

I am handing out all the information collection techniques so TA is working t a Sharpe Ratio of over 60.

RANK of stocks in the universe has to be added to your Excel

RANK is a ratio of two averages.

you cannot just fill in sheets, you have to have your mind understanding WHAT you are doing.

the numerator of RANK is the average of five most recent price moves in the last 6 months.

this is very complex. to have a Sharpe ratio of over 60 you have to be very sharp.

the demoninator is the average of the days of holding for each of the price moves.

40%/ 6 days is a RANK ratio. this means you are making 7% a day when you own the stock with this rank.

A blue chip stock has no rank. It does not have 5 moves in 6 months. It just sits dully and does nothing. Mutual Funds and hedge funds own blue chips. So they do not make any money and they do not know about trading for a Sharpe ratio of over 60.

I have invented RANK'ing. you fill in a sheet I give you to RANK all stocks in the Universe.

You type the RANK in a column on the Excel spread sheet.

you also now know the hold period. you type that in on the Excel spead sheet.

Each column is a price driver column that only you have and therefore, you have an advantage. you make money all the time and at a 60+ Sharpe ratio.

Look on the intial sheet and see the spaces to fill in the dats of the last move and the projection of the next move in days of the year.

fill in the date of the next move beginning. Put the date in the column.

after you have this done you get to see the Universe after you sort the universe.

you do two sorts:

1. sort the RANK

2. sort the dates of the beginning of the next move.

Now you see a universe that has several stocks that begin on the same day.

you set the batting order for these stocks SO YOU TRADE ONLY THE HIGHEST RANKING STOCKS YOU HAVE CAPITAL FOR.

This is complex.

I had to invent all of this in 1957.

when I test if fifth graders can do this they can.

Why?

Becuase they can do fractions and averaging just like QUANTS have to for the wrong reasons. QUANTS are stupid and cannot make money. Fifth graders can make money.
 
Quote from jack hershey:

No.

The initial list is a filtered sort by using a criteria set.

you get a Universe.

In trading, making money is done by using skills and knowledge.

each stock in your Universe is examined and additional information is created.

we create price drivers by adding information to the dataflow from markets.

to make money you need to know when to do it and how to do it.

I am handing out all the information collection techniques so TA is working t a Sharpe Ratio of over 60.

RANK of stocks in the universe has to be added to your Excel

RANK is a ratio of two averages.

you cannot just fill in sheets, you have to have your mind understanding WHAT you are doing.

the numerator of RANK is the average of five most recent price moves in the last 6 months.

this is very complex. to have a Sharpe ratio of over 60 you have to be very sharp.

the demoninator is the average of the days of holding for each of the price moves.

40%/ 6 days is a RANK ratio. this means you are making 7% a day when you own the stock with this rank.

A blue chip stock has no rank. It does not have 5 moves in 6 months. It just sits dully and does nothing. Mutual Funds and hedge funds own blue chips. So they do not make any money and they do not know about trading for a Sharpe ratio of over 60.

I have invented RANK'ing. you fill in a sheet I give you to RANK all stocks in the Universe.

You type the RANK in a column on the Excel spread sheet.

you also now know the hold period. you type that in on the Excel spead sheet.

Each column is a price driver column that only you have and therefore, you have an advantage. you make money all the time and at a 60+ Sharpe ratio.

Look on the intial sheet and see the spaces to fill in the dats of the last move and the projection of the next move in days of the year.

fill in the date of the next move beginning. Put the date in the column.

after you have this done you get to see the Universe after you sort the universe.

you do two sorts:

1. sort the RANK

2. sort the dates of the beginning of the next move.

Now you see a universe that has several stocks that begin on the same day.

you set the batting order for these stocks SO YOU TRADE ONLY THE HIGHEST RANKING STOCKS YOU HAVE CAPITAL FOR.

This is complex.

I had to invent all of this in 1957.

when I test if fifth graders can do this they can.

Why?

Becuase they can do fractions and averaging just like QUANTS have to for the wrong reasons. QUANTS are stupid and cannot make money. Fifth graders can make money.
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My response to this is a quote from my 12 week old daughter: "Aggooooooo. Gggrrrrrrrrrrrrr"!!
 
Quote from jack hershey:

...

Over the coming week you will find out how to go to a platform and make use of it to do this PVT trading.

...
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Check... Just installed a demo version of your favorite platform. Spydertrader's "PVfiles" as well.

Still not satisfied because the table view that you had with your "Quotes" platform looked more intuitive. All the important numbers where directly visible. I think this can be replicated with Ninjatrader or Multicharts. Maybe it's a demo version limitation but using Spyder's Equity fundamentals filter doesn't produce anything.

Next: IAS.
 
Quote from jack hershey:

...

RANK of stocks in the universe has to be added to your Excel

RANK is a ratio of two averages.

you cannot just fill in sheets, you have to have your mind understanding WHAT you are doing.

the numerator of RANK is the average of five most recent price moves in the last 6 months.

this is very complex. to have a Sharpe ratio of over 60 you have to be very sharp.

the demoninator is the average of the days of holding for each of the price moves.

40%/ 6 days is a RANK ratio. this means you are making 7% a day when you own the stock with this rank.

A blue chip stock has no rank. It does not have 5 moves in 6 months. It just sits dully and does nothing. Mutual Funds and hedge funds own blue chips. So they do not make any money and they do not know about trading for a Sharpe ratio of over 60.

I have invented RANK'ing. you fill in a sheet I give you to RANK all stocks in the Universe.

You type the RANK in a column on the Excel spread sheet.

you also now know the hold period. you type that in on the Excel spead sheet.

...
More...

Enclosed please find an example. In the price pane I marked all the moves that I would consider. Below you find what a standard indicator identifies as moves. Which one is the preferred way? Or are both wrong?
 

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Quote from frenchfry:

Here are both methods compared with their %change and duration. At the end you find their RANK.
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Lets try a third method with making money in mind

Get out a clean IAS.

Fill it in from right to left for the last five moves of price within the envelope of the last 6 months. See annotated chart.

the channel width is 28.2% sa shown by the geometric annotations.

You are striving for a 60 plus Sharpe Ratio.

One factor in this process is to do what works best.

most people focus on inventing.

You are one of them.

Picture me as an Acrchitect and you are a contractor building a house.

I show up and look at the work you have done. My client has signed off on the drawings and the interim financing from the bank has 5 releases based on their inspector signing off on the releases.
]
you are spending release two and the inspector rejects your work and telll me to show up to tell you what to tear out and what to do to follow the drawings.

you re spending time building, tearing out, and rebuilding.

Do you think you are going to make a profit on this subcontract?

I am paying you to build with money released by the bank.

you only get paid to build. You do not get paid to tear out or to rebuild.

you are building a house with a Sharpe ration of over 60.

Wnr is the wrong construction material and you are inventing that it can be used.

I mentioned that my example filled in for you had a RANK of 7.0.

7.0 is a name for something.

the something is 7.0 percent growth per day of the hold during the position trade.

this is not a Quant doing a hedge fund. this is big time smart money making.

The IAS has five coulmns to average. the columns ar filled with the MOST RECENT FIVE MOVES for a reason.

the reason is that stock are competing for a presence in your trading.

we enter late and leave early on a move where this is the sweet spot of the move.

I want you to begin to think about making money.

think and build your mind.

YOU ARE NOT DOING JUST AN EXCELLENT MECHANICAL PROCESS.

YOU ARE GETTING VERY RICH VERY FAST.



WNR DID NOT MAKE THE CUT.

It has a shitty RANK.
 

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Quote from maxpi:

Everybody stop what you are doing. Look at me. Admit it that when you read Jack Hershey's writings you sense negative energy and bad memories building up inside you!

It's not just me!!

Try this: http://www.amazon.com/The-Healing-Code-Relationship-ebook/dp/B004KKYX5O
More...

A lot of people are like you.

you do get negative energy from reading my posts.

this is caused by your personal stress. (I put up an illustration of this and what this personal strss you feel is causing in your mind and in your physiology)

As I mention over and over and over the 60plus Sharpe Ratio I am going to your turf where you have never felt the personaql effect of trading in a 60 plus sharpe Ratio domain.

I am building a case for how a person designs and builds the Holy Grail for position trading stocks.

The ATS version will be finished late tomorrow if the team gets the programming down cold. right now doing the percentile sort is being dicovered in a proprietory programming system. If not found, then it will be built first.

You will have an ATS with a Sharpe of over 60 if you want to use it.

Frrench Fry has his orientation. I am asking him to add thinking to his efforts. you are just getting suypoerficial feelings. you are experiencing the Bohr Syndrome and you do not know it as yet.
 

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