Startup ATL + OBV = Wickoff+ Weinstein

• 11/08/2019 at 9:02 AM #112384
  Nicolas

  Why do you think it is not the case? If the lowest low of all data is 40$, the share should be set between 40$ and 80$! and that’s an huge gap 🙂

  

  Nicolas

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  11/08/2019 at 12:59 PM #112407
  JJ Tec

  Hello,
  The obv performs the calculations based on the volume, but I think it would be more appropriate to replace the volume with the CPM (volume * close). Once the obv (CPM) was calculated, the moment derived from averages could be calculated.
  For example,
  exponentialaverage [10] (obv) -exponentialaverage [20] (obv), to subsequently apply bollinguer bands on the indicator we have calculated. Once, that we have this MACD (OBV) we would apply the ideas of Squeeze de J.F. Carter, to calculate where there is a compression of the obv, and I think that in this way we could detect market phases associated with accumulation or distribution. I will try this weekend to write the code.

  

  JJ Tec

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  11/08/2019 at 6:06 PM #112446
  supertiti

  A good example of Wyckoff concept this week : look at ENGIE

   

  

  supertiti

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  11/08/2019 at 6:06 PM #112448
  Fr7

  Hello,
  I’m very interested in the code. And after reading everything I think it would look like this …
  But there is an error in the calculation of OBV between lines 5 and 8…..

   

  //ATL All time low identification ATL = lowest[max(1,BarIndex)](low) //When the second day’s price closes above the prior day’s close, if close>close[1] then ​ OBV=OBV+volume​ else //If prices close lower on the second day, OBV=OBV−volume endif myOBV =MACD[10,20,10](OBV) avgOBV=average[20](myOBV) stdevOBV=2*std[20](myOBV) BollUp = avgOBV+stdevOBV //ATL zone and volume activity c1=close<2*ATL c2=myOBV>BollUP screener[ c1 and c2 ]

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  //ATL All time low identification ATL = lowest[max(1,BarIndex)](low) //When the second day’s price closes above the prior day’s close, if close>close[1] then ​ OBV=OBV+volume​ else //If prices close lower on the second day, OBV=OBV−volume endif myOBV =MACD[10,20,10](OBV) avgOBV=average[20](myOBV) stdevOBV=2*std[20](myOBV) BollUp = avgOBV+stdevOBV //ATL zone and volume activity c1=close<2*ATL c2=myOBV>BollUP screener[ c1 and c2 ]

   

  

  Fr7

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  11/08/2019 at 6:35 PM #112450
  JJ Tec

  Me podrias explicar el significado o que buscamos con el ATL?

  

  JJ Tec

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  11/08/2019 at 7:36 PM #112452
  Vonasi

  JJ Tec – English only in the English language forums please.

  

  Vonasi

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  11/08/2019 at 8:42 PM #112455
  JJ Tec

  Hello,
  I do not understand the purpose of the ATL. Could you explain its use? .. what do we pursue? … what does it mean?

  

  JJ Tec

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  11/09/2019 at 10:15 AM #112468
  JJ Tec

  Hello everyone
  This is the modification I have proposed. Could you explain to me what we look for with the ATL?

  Screener Weinstein(obv)

  //ATL All time low identification ATL = lowest[max(1,BarIndex)](low) Percorto=10 Perlargo=20 //PerMed=10 // Indicador ReX Miobv=obv(close) ReX=EXPONENTIALAVERAGE[PerCorto](MIOBv)-EXPONENTIALAVERAGE[PerLargo](MIOBv) // Bandas sobre ReX PBB=20 sstd = std[PBB](rex) upper = (sstd*2+(exponentialaverage[PBB](ReX))) //ATL zone and volume activity c1=close<2*ATL c2=Rex>Upper vol=volume>200000 SCREENER[ c1 and c2 and vol ]

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  //ATL All time low identification ATL = lowest[max(1,BarIndex)](low)   Percorto=10 Perlargo=20 //PerMed=10   // Indicador ReX Miobv=obv(close)   ReX=EXPONENTIALAVERAGE[PerCorto](MIOBv)-EXPONENTIALAVERAGE[PerLargo](MIOBv) // Bandas sobre ReX PBB=20 sstd = std[PBB](rex) upper = (sstd*2+(exponentialaverage[PBB](ReX)))   //ATL zone and volume activity c1=close<2*ATL c2=Rex>Upper vol=volume>200000   SCREENER[ c1 and c2 and vol ]

   

  

  JJ Tec

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  11/09/2019 at 8:26 PM #112478
  Yannick

  @JJ Tech

  The idea with ATL is to find the low point of startup, a growing company that generates grow = share price is expetected to rise.

  

  Yannick

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  11/09/2019 at 8:42 PM #112479
  Yannick

  Nicolas wrote:

  Why do you think it is not the case? If the lowest low of all data is 40$, the share should be set between 40$ and 80$! and that’s an huge gap 🙂

  Dear Nicolas

  Please find an example SAREPTA is returned by the screener

  ATL= 7

  Curent price is 96

   

  The problem comes from the scanning period = 2 years, I would like the ATL of the all barindex period

  

  Yannick

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  03/22/2020 at 1:57 PM #122904
  leoulve

  Hello, did you have sorted out on your side? On my side it is still not working.
  Kind regards,

  Blue

  

  leoulve

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