tag:blogger.com,1999:blog-2643613788950912206.post1101087298918174922..comments2023-09-17T02:33:56.785-05:00Comments on The TSI Trader: Perspective Offered on Gold/Miners Current StatusJohn Townsendhttp://www.blogger.com/profile/13243755287314446656noreply@blogger.comBlogger10125tag:blogger.com,1999:blog-2643613788950912206.post-38224461017769643082012-12-12T12:01:13.154-06:002012-12-12T12:01:13.154-06:00John,
Thank you. I made the change and it worked...John,<br /><br />Thank you. I made the change and it worked fine.<br /><br />Chi-TownAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-2643613788950912206.post-86171490453863862952012-12-12T09:36:31.727-06:002012-12-12T09:36:31.727-06:00Chi - dang it! I see the error in the code above. ...Chi - dang it! I see the error in the code above. <br />No, don't use " = ". Instead use " > ".<br /><br />What the code is saying is this:<br />1. if TSI rising above ZERO, then use color blue.<br />2. if TSI falling above ZERO, then use color cyan.<br />3. if TSI falling below ZERO, then use color magenta.<br />4. if TSI rising below ZERO, then use color blue.<br /><br />I use the terms 'positive' and 'negative' interchangably<br />with the concepts 'Above ZERO' and 'Below ZERO'.<br /><br />The ' = ' will only make the TSI cyan when the TSI reads<br />exactly 0.00000 Instead, use ' > 0 ' and it will work perfectly<br />as intended.<br /><br /><br />John Townsendhttps://www.blogger.com/profile/13243755287314446656noreply@blogger.comtag:blogger.com,1999:blog-2643613788950912206.post-42279577426418603472012-12-12T08:53:45.400-06:002012-12-12T08:53:45.400-06:00John,
Thank you again. This did have 1 error but...John,<br /><br />Thank you again. This did have 1 error but I think I figure it out.<br /><br />Else if TSIChi0 then SetPlotColor(1, PosDown)<br /><br />This was the line that had the error in it. I added an "=" in between TSIChi and 0. Is this correct. It seemed to take it in Easy Language and it appears to be working.<br /><br />I have been using it on TOS but their data feeds get screwed up too often and I was getting some false readings.<br /><br />I'll let you know how it works out on TradeStation.<br /><br />Chi-Town DeadheadAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-2643613788950912206.post-82417659263788616292012-12-11T10:31:39.366-06:002012-12-11T10:31:39.366-06:00Chi-Town - sorry about the bogus code. I cut and p...Chi-Town - sorry about the bogus code. I cut and paste from something<br />I had that works, but perhaps in a bigger context.<br /><br />I'll write this out now - my preferred long vong version - and let me<br />know please if I get it wrong twice, OK? Also, I am changing the color<br />of the TSI depending on what it is doing in which quadrant, and adding<br />a red ZERO horizontal line.<br /><br /><br />Inputs: LongChi (25), Short (13), PosUp (blue), PosDown (Cyan), NegDown (Magenta), NegUp (blue), ZERO (red);<br /><br />Variables: TSIChi(0), diff(0);<br /><br />diff = close - close[1];<br /><br />TSIChi = (XAverage(XAverage(diff, longChi), short)) / (XAverage(XAverage(AbsValue(diff), longChi), short)) * 100;<br /><br />Plot1(TSIChi, "TSI_Chi");<br />If TSIChi>TSIChi[1] and TSIChi>0 then SetPlotColor(1, PosUp)<br />Else if TSIChi0 then SetPlotColor(1, PosDown)<br />Else if TSIChi<TSIChi[1] and TSIChi<0 then SetPlotColor(1, NegDown)<br />Else SetPlotColor(1, NegUp);<br /><br />Plot2 (0, "ZERO");<br />SetPlotColor(2, Red);<br /><br />:-) JohnJohn Townsendhttps://www.blogger.com/profile/13243755287314446656noreply@blogger.comtag:blogger.com,1999:blog-2643613788950912206.post-9229760863868177152012-12-11T08:49:24.863-06:002012-12-11T08:49:24.863-06:00John,
FRN = Federal Reserve Notes :)
Thanks for ...John,<br /><br />FRN = Federal Reserve Notes :)<br /><br />Thanks for the info.<br /><br />I tried putting it into Tradestation and it is giving me n error on line 20.<br /><br />Thanks again for your time and effort with helping us.<br /><br />Chi-Town Deadhead<br />Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2643613788950912206.post-33386873013923988602012-12-10T11:02:14.330-06:002012-12-10T11:02:14.330-06:00Hi Chi_Town - what are FRN's?
Here is what I ...Hi Chi_Town - what are FRN's?<br /><br />Here is what I use, with some other junk added in that can be cut:<br /><br />[LegacyColorValue = true]; <br /><br />inputs: <br /> Price(Close), <br /> Raw(25), <br /> Smoothed1(13),<br /> Smoothed2(5),<br /> DecelerationColor(yellow),<br /> RisingColor(Magenta),<br /> FallingColor(red),<br /> AcceleratingColor(Green),<br /> xEMA(200),<br /> slowing_factor(1.2),<br /> TSImovavg(5);<br /><br /> <br /> <br /> var: TSI_Trigger(0), emaAvg(0), tsiVal(0), MovAvg(0);<br /><br />tsiVal = TSI(Price, Raw, Smoothed1,Smoothed2);<br />emaAvg = XAverage(Price,xEMA);<br /> <br />Plot1( tsiVal, "TSI" ) ;<br />SetPlotColor (1, DecelerationColor);<br /><br />Plot2(XAverage(Plot1, TSImovavg), "XAvg");<br />If plot2[1]<Plot2 then SetPlotColor (2, RisingColor)<br />Else setplotcolor (2, fallingcolor);<br /><br />Plot3(0,"0");<br /><br />There is another way to write this and if for some reason<br />this does not work for you, I will write out the longer version.<br /><br />John Townsendhttps://www.blogger.com/profile/13243755287314446656noreply@blogger.comtag:blogger.com,1999:blog-2643613788950912206.post-71571833413298722022012-12-10T09:49:43.278-06:002012-12-10T09:49:43.278-06:00Thanks much, John. And yes I understand the cycle...Thanks much, John. And yes I understand the cycles are measured bottom to bottom. I was simply careless in my inquiry. Again, you have been very helpful.<br /><br />JoeJosephhttps://www.blogger.com/profile/05860441819485928095noreply@blogger.comtag:blogger.com,1999:blog-2643613788950912206.post-12050715090411403682012-12-10T08:11:57.307-06:002012-12-10T08:11:57.307-06:00Hi Joe - yes, a couple of thoughts come to mind. B...Hi Joe - yes, a couple of thoughts come to mind. But first, please allow me to<br />clarify one of your comments. The average intermediate cycle is around<br />4.5 months from beginning to end (that is, from trough to trough).<br /><br />The intermediate cycles of gold's C-wave are always right translated - except at the<br />very end of the C-wave / beginning of D-wave phase. This particular intermediate cycle <br />is always left translated. You can see this on my post and charts of a year ago - <br />downward pointing arrows are intermediate cycle tops....green if right translated, <br />red if left translated. This of course means that the first daily cycles are all going<br />to be right translated within each right translated intermediate cycle.<br /><br />Second, one can think of each ABCD pattern as something of a parabola within a parabola.<br />The big parabola is what has been transpiring since 2001. The smaller parabolas are the<br />C-waves nested within this larger secular bull parabola. If you think about the shape <br />of a parabola, it begins relatively flat then begins to rise at an increasingly faster<br />rate. The A, B and early portion of the C-waves are very similar. That is, price does <br />not make substantial upward gains. Also notice that the current C-wave, first intermediate <br />cycle progressed in similar fashion - flat then progressed sharply higher. We should expect<br />that successive intermediate cycles will generally rise at faster rates than the intermediate<br />cycles that precede them.<br /><br />On the technical side, C-waves tend to top when price reaches significantly above the 200 dma.<br />I have written much about this. The point is that until a number of right translated intermediate <br />cycles have transpired and price is excessively above the 200 dma, the end of successive right <br />translated intermediate cycles is not in sight.<br /><br />Of course there is more to say, but that's it for now as I hear the school bell ring. I hope these <br />thoughts help and thank you for your question.<br /><br /><br /><br />John Townsendhttps://www.blogger.com/profile/13243755287314446656noreply@blogger.comtag:blogger.com,1999:blog-2643613788950912206.post-37385259565240494732012-12-10T06:50:13.370-06:002012-12-10T06:50:13.370-06:00John,
I also use TradeStation but have been unabl...John,<br /><br />I also use TradeStation but have been unable to find a TSI indicator. Have you found one or did you write your own in Easy Language? If you did write one in EL I would be happy to support your effort with some FRN's.<br /><br />Chi-Town DeadheadAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-2643613788950912206.post-65479054199853040762012-12-10T06:12:40.751-06:002012-12-10T06:12:40.751-06:00Hello, John. This is another excellent and most h...Hello, John. This is another excellent and most helpful article. Thanks much. I understand the intermediate cycles top in a certain time frame (for instance, around 4.5 months), but I wonder if there are technical clues which help you identify tops sooner rather than later. Have you any thoughts on this?<br /><br />JoeJosephhttps://www.blogger.com/profile/05860441819485928095noreply@blogger.com