OmniTrader Professional Forum - OmniTrader Pro Technical Support
seasonality module

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Perry

Posts: 5

Joined: 4/19/2012

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Subject : seasonality module
Posted : 5/26/2021 11:37 AM
Post #31503

I have recently revisited the seasonality module. There is a problem with the calculation of weekly directional statistics. example TSLA for week 21 shows 72.7% with 8 of 10 previous winners. 8 of 10 is 80%. week 22 shows 81.8% with 7 of 10 winners, should be =70%. week 5 shows 63.6% with 8 of 11 winners should be =72.7%
this should be easy to fix. I hope someone will take a look.
Thank you,
Perry
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Diamondjag

Posts: 404

Joined: 3/12/2006
Location: Brighton, Colorado

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Subject : RE: seasonality module
Posted : 5/26/2021 12:43 PM
Post #31504 - In reply to #31503

I might be wrong but I was always a little suspicious of the Seasonality figures. I wish Nirvana would revisit this module. There is so much more they could do with it.
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Perry

Posts: 5

Joined: 4/19/2012

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Subject : RE: seasonality module
Posted : 5/26/2021 2:02 PM
Post #31505 - In reply to #31503

Diamondjag imagine my dismay after I built a spreadsheet and went through 367 symbols one by one to only to realize there are errors. I will need to redo everything and verify what I have is correct. no small task.

And I agree there is so much more that could be done. make it searchable for anything over 80%. and have the ability to confirm with the weekly's. I found TSLA was due for a move starting this week May24th and wow did that go well. It is a hidden gem that could even be used to day trade stocks or options(preferably options) going down to the hourly timeframe.
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Jim Dean

Posts: 3433

Joined: 3/13/2006
Location: L'ville, GA

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Subject : RE: seasonality module
Posted : 5/26/2021 3:17 PM
Post #31506 - In reply to #31505

Agree re needs an update and some enhancements. Definitely should be able to use this with ATM, and its function calls with Dynamic Scans.

BARRY: could you please put this request on the “list”.


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