2007 May: Long On Talk, Short On Action

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TrongoneMA.efs  EFSLibrary - Discussion Board
  

File Name: TrongoneMA.efs


Description:
This study is based on the May 2007 article, Moving Averages: Long On Talk, Short On Action, by Anthony Trongone, PhD.


Formula Parameters:
SMA Periods: 34
Volume Trigger: 100,000,000
Lot Size: 1000

Notes:
This system is designed for QQQQ only and is a long only system. This study is designed for real time analysis and back testing. Intra-day time template should be set to 09:30-16:00 ET. The related article is copyrighted material. If you are not a subscriber of Stocks & Commodities, please visit www.traders.com.

Download File:
TrongoneMA.efs




EFS Code:

/***************************************Provided By : eSignal (c) Copyright 2007Description:  Moving Averages: Long On Talk, Short On Action               by Anthony Trongone, PhDVersion 1.0  3/08/2007Notes:* May 2007 Issue of Stocks and Commodities Magazine* Study requires version 8.0 or later.* This system is designed for QQQQ only.* This system is a long only system.* This study is designed for real time analysis and back testing.* Intra-day time template should be set to 09:30-16:00 ETFormula Parameters:                     Default:SMA Periods                             34Volume Trigger                          100,000,000Lot Size                                1000*****************************************************************/function preMain() {    setPriceStudy(true);    setStudyTitle("Trongone MA ");    setShowTitleParameters(false);    setCursorLabelName("TMA", 0);    setCursorLabelName("Yesterday's Vol", 1);    setCursorLabelName("Night Session", 2);    setDefaultBarFgColor(Color.red, 0);    setDefaultBarThickness(2, 0);        var fp1 = new FunctionParameter("Periods", FunctionParameter.NUMBER);        fp1.setName("SMA Periods");        fp1.setLowerLimit(1);        fp1.setDefault(34);    var fp2 = new FunctionParameter("V", FunctionParameter.NUMBER);        fp2.setName("Volume Trigger");        fp2.setLowerLimit(0);        fp2.setDefault(100000000);    var fp3 = new FunctionParameter("LotSize", FunctionParameter.NUMBER);        fp3.setName("Lot Size");        fp3.setLowerLimit(1);        fp3.setDefault(1000);}// Global Variablesvar bVersion  = null;    // Version flagvar bInit     = false;   // Initialization flagvar xMA       = null;var xVol      = null;var vPosition = 0;      // 0 = flat,  1 = longvar nOpen     = null    // open of first bar of the dayvar bBT       = true;   // back test flagfunction main(Periods, V, LotSize) {    if (bVersion == null) bVersion = verify();    if (bVersion == false) return;        //Initialization    if (bInit == false) {        xMA = sma(Periods, inv("D"));        xVol = volume(inv("D"));        bInit = true;    }    if (isLastBarOnChart()) bBT = false;        var nState = getBarState();    var nMA    = xMA.getValue(0);    var nVol_1 = xVol.getValue(-1);    var sVol_1 = formatVol(nVol_1);    var nNight = open(0, inv("D")) - close(-1, inv("D"));        if (nMA == null || nVol_1 == null || nNight == null) return;    if (nState == BARSTATE_NEWBAR && day(0) != day(-1)) {        nOpen  = open(0);        if (nVol_1 > V && nNight < 0 && nOpen > nMA) {            vPosition = 1;            setBarBgColor(Color.lightgrey);            drawShape(Shape.UPARROW, BelowBar1, Color.blue);            Alert.playSound("ding.wav");            Alert.addToList(getSymbol(), "TMA Long", Color.blue, Color.white);            if (bBT) Strategy.doLong("TMA Long", Strategy.MARKET, Strategy.THISBAR, LotSize);        }    }    if (vPosition == 1) {        if (isDWM()) {            if (nState == BARSTATE_NEWBAR) {                vPosition = 0;                if (bBT) Strategy.doSell("Close TMA Long", Strategy.CLOSE, Strategy.THISBAR, LotSize);            }        } else if (day(0) == day(-1)) {            if (day(0) != day(1) && !isLastBarOnChart()) {                vPosition = 0;                drawShape(Shape.DIAMOND, AboveBar1, Color.red);                if (bBT) Strategy.doSell("Close TMA Long", Strategy.CLOSE, Strategy.THISBAR, LotSize);            }        }    }        if (vPosition == 1) setBarBgColor(Color.lightgrey);        return new Array(getSeries(xMA), sVol_1, nNight.toFixed(2));}function formatVol(n) {    if (n == null) return;        var sNum = "";    var s = n.toFixed(0);    var nLen = s.length;    var nCount = 0;        for (var i = nLen; i >= 0; i--) {        nCount++;            if (nCount > 3 && i != 0) {            sNum = "," + s.substr(i, 1) + sNum;            nCount = 1;        } else {            sNum = s.substr(i, 1) + sNum;        }    }        return sNum;}function verify() {    var b = false;    if (getBuildNumber() < 779) {        drawTextAbsolute(5, 35, "This study requires version 8.0 or later.",             Color.white, Color.blue, Text.RELATIVETOBOTTOM|Text.RELATIVETOLEFT|Text.BOLD|Text.LEFT,            null, 13, "error");        drawTextAbsolute(5, 20, "Click HERE to upgrade.@URL=http://www.esignal.com/download/default.asp",             Color.white, Color.blue, Text.RELATIVETOBOTTOM|Text.RELATIVETOLEFT|Text.BOLD|Text.LEFT,            null, 13, "upgrade");        return b;    } else {        b = true;    }        return b;}