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Thread: Anyone interested

  1. #13

    Default Re: Anyone interested

    The ultimate goal I hope to accomplish with this would be a standalone program that allows you to customize what criteria you are willing to trade into and out of the funds. And to allow you to backtest your criteria over different periods. The program may be a long way off, but all it takes is baby steps. The algorithms we are using in Excel could easily be put into any programming language.

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  3. #14

    Join Date
    Nov 2006
    Location
    East Coast
    Posts
    32

    Default Re: Anyone interested

    ChemEng,
    Speaking from an inexperienced newbie point of view, this spreadsheet you speak of sounds fantastic. I'm sure it would help me and other newer members/investors to make wiser decisions. Thank you for taking the initiative to attempt something that will help all. And thanks to everyone else for helping me learn as well. It seems the more I know, the more I realize how much I don't know. I don't bring much to the table at this time, but I support your idea 100% and I will do all I can to help if I can.
    [He who laughs last thinks slowest.]

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  5. #15

    Default Re: Anyone interested

    I am guessing many of us already have a spreadsheet going. Maybe we can discuss what we all have already and decide what we want in the combined spreadsheet.
    Current signal = BUY and HOLD

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  7. #16

    Default Re: Anyone interested

    I was also thinking we can incorporate one the indicators that shows how strong of a trend we are in such as ADX. But this may be getting too complicated.
    Current signal = BUY and HOLD

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  9. #17

    Default Re: Anyone interested

    Sorry for not putting anything up last night. I was working a plumbing issue. Fortunately, it looks like I will have it fixed this evening. Unfortunately, it looks like I will have to call in a plumber.

    At any rate, I am talking with Tom about getting a separate sub-forum set up for this project so keep an eye out for it soon.

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  11. #18

    Join Date
    May 2005
    Location
    Louisville, Kentucky, USA
    Posts
    1,908

    Default Re: Anyone interested

    Quote Originally Posted by ChemEng View Post
    Sorry for not putting anything up last night. I was working a plumbing issue. Fortunately, it looks like I will have it fixed this evening. Unfortunately, it looks like I will have to call in a plumber.

    At any rate, I am talking with Tom about getting a separate sub-forum set up for this project so keep an eye out for it soon.
    Whats the problem I'm mister fix-it around here?
    [Do what you think is right and proper]


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  13. #19

    Default Re: Anyone interested

    Quote Originally Posted by VirginiaBob View Post
    I was also thinking we can incorporate one the indicators that shows how strong of a trend we are in such as ADX. But this may be getting too complicated.

    I have been searching for indexes or more indicators to assist in timing on a daily/weekly basis. The VIX seems to be a great indicator for me fo major downs and ups but I don't have one for the minor little fluctuations that occur daily or weekly except for the stochastics, etc.

    I would like to know more about ADX or anything else. I looked ADX up on Yahoo and got something like "Adams Express company" or something like that. Must not be an equity or index. Hopefully this new subforum, once it is set up will be the type of thing that will help educate us where some of us have gaps.

    I'm wondering about this idea, though. We all don't use the same system or strategy. Seems like how the indicators are displayed/calculated will be a reflection on a particular system ... maybe ChemEng's system since he/she thought of this. That would seem only fair and I don't mind helping but I don't want to spend a lot of time on something if it isn't part of my system.

    Don't mean to sound contrary but just trying to spell out concerns or issues that will likely come up. Might as well try to get them resolved early..

    p.s. Just thought of an idea to "enhance" the development of these indicators. Pardon me if someone has already said this but we could "compete" with multiple strategies. Anyone reading the subforum could review the different strategies and see how they compared.(I think Motley fool does this or at least they used to do this.) Part of the requirement for competition would be that the strategy would have to be publicly defined based on some type of logic and/or indicators and criteria that can be measured (even if it is the full moon).

    Of course use of the same indicators would overlap for most of the strategies so I'm not disagreeing with the original premise of providing data... need to think on this a bit more.
    Last edited by ayla; 12-06-2006 at 01:30 AM. Reason: wanted to add another idea about competing strategies

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  15. #20

    Default Re: Anyone interested

    Please keep me posted of your progress. I'm interested in your project and let me know how I can help, if possibile.

    Ed

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  17. #21

    Default Re: Anyone interested

    Quote Originally Posted by ayla View Post
    Just thought of an idea to "enhance" the development of these indicators. Pardon me if someone has already said this but we could "compete" with multiple strategies. Anyone reading the subforum could review the different strategies and see how they compared.(I think Motley fool does this or at least they used to do this.) Part of the requirement for competition would be that the strategy would have to be publicly defined based on some type of logic and/or indicators and criteria that can be measured (even if it is the full moon).
    This sounds like a good idea, although its not really a competition as much as it is startegies informing other strategies. The sub-forum is set up for anyone to post progress of their anaytical decision making tools, not necessarily the community one that I am starting. Take advantage of the traffic and the knowledge these forums bring!

    The subforum would be a great place for individual run threads similar to the account talk threads in the "Member Allocation Talk" where their decision making tools are discussed, refined, and worked. People can contribute with the community one when they want to or have the time, and can also post updates to their personal tools in their individual threads. Its definately not an exclusionary process.

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