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EYEGUY

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Posts: 1543

Joined: 12/12/2003
Location: BALDWINSVILLE, NEW YORK

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Subject : RE: Guppy Scan
Posted : 2/7/2010 6:58 PM
Post #19633 - In reply to #19632

Duxx:

Well, there you go. You got my curiosity up! First I emulated the GMMAOsc(9) to make sure we were talking apples to apples. I created an indicator and the blue and red lines show good correspondence (however, not quite exact probably due to floating point calculations):





Now it is the blue oscillator line we want near zero. But, just how close? The oscillator can vary all over the place and so I arbitrarily set my scan to include just those values within 1% of zero when considering the GMMAOsc(9)'s values over the last 250 periods. So what we are looking for is the blue line above to be within 1% above or below historically of the zero line. I have attached the scan. See if it floats your boat.

Tom Helget

ADDENDUM: Please note my picture shows the indcator with an EMA, not an SMA as the EMA of the oscillator seemed to provide a closer match.

[Edited by EYEGUY on 2/7/2010 7:07 PM]

Attached file : GMMAOsc Emulation.png (89KB - 804 downloads)
Attached file : _GMMA_32_PULLBACK_32_TO_32_THE_32_TREND.otl (0KB - 543 downloads)

Deleting message 19633 : RE: Guppy Scan


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