Package: How Markets Really Work
Insprired by the book 'How Markets Really Work', by
Larry Connors and Connor Sen*, this strategy is a
comprehensive laboratory, designed to test Buying
Weakness & Selling Strength (BWSS),
or Buying Strength & Selling Weakness (BSSW).
What It Is
A
pre-written strategy (full
source code), offering 8 different
built-in ways to define weakness and strength.
This strategy will enable you to do research to
answer the question:
"Historically speaking, would I have been better off
to buy on market strength, or buy on market
weakness?".
Of
course, you can ask and answer the question on the
sell-side as well.
This
strategy may be applied to stocks, futures,
bonds, or any other instrument.
You may apply it to any timeframe.
Weakness and Strength
8
Definitions of Weakness are offered, along with 8
complementary definitions of Strength.
d1("--- 1 N-Day Highs & Lows ---"),
d2("--- 2 Higher Highs, Lower Lows ---"),
d3("--- 3 Up/Down Days in a Row ---"),
d4("--- 4 Adv/Decl Days in a Row ---"),
d5("--- 5 Mkt Breadth Ratio (MBR) ---"),
d6("--- 6 N-Day High/Low Volume ---"),
d7("--- 7 Large Move % ---"),
d8("--- 8 Put/Call Extreme ---"),
Also, the structure of the code makes it very
straightforward to add your own definitions to those
provided.
What You Get
The
package is designed to provide visual feedback so
you can see on a chart any of the built-in notions
of weakness or strength. Custom indicators are
provided to assist. Here's what's
included:
 |
Strategy: #P_HMRW_01 - the strategy itself |
|
Indicator: ADU Breadth Plot |
|
Indicator: ADU Breadth Consec(utive) |
|
Indicator: ADU Breadth Ratio |
|
Indicator: ADU %-tile 2-Lines |
|
Indicator: ADU Plot Sym OHLCV |
|
Indicator: Strat Equity Color |
|
Indicator: #P_PctMoveClose |
| Indicator:
#P_NBarHiLoChan |
|
Paintbar: #P_UpDownBars |
|
Workspace: HMRW_ADE_SaveInfo -
contains charts set up to save OHLCV data for the
advance/decline and put/call |
|
Workspace: HMRW_01 - 2 charts with the
strategy and multiple indicators applied, showing
comparison between buying 5-day Lows and buying
5-day Highs |
|
Workspace: HMRW_02 - 2 charts with the 'ADU
%-tile 2-Lines' indicator applied, showing
comparison between buying low Put/Call Ratio and
buying High Put/Call ratio. |
|
Workspace: #P_GV_GlobalSetup_01 - allows you
to reset global variables used to control report
header output in strategy reports. |
|
Desktop: HMRW_01 - Pre-made to open all of
the above workspaces. |
This
strategy is also designed for and ready to interact
with the Macro Express symbol list driver macro .
And, of
course, you get
Customer Support as needed to get it all
running.
What It Looks Like
Here's a picture of the workspace HMRW_01:
and
here's a picture of the workspace HMRW_02:
What It Costs
This package is for the advanced user.
The analysis paradigm represented, as well as the many specific techniques implemented in code,
constitute an extensive tutorial in both a powerful
technique of market analysis and beyond-the-basics EasyLanguage
coding. You are getting the result of dozens of
hours of coding time for the cost of just 4 custom
hours. For the amount of code included, and
the very flexible research framework it provides,
this package is a bargain at $500.
How You Get It
This package will be emailed
to you after your PayPal payment is processed.
Please be aware of the
caveats
before you order.
