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Sweet Seventeen Indicator

Posted: Fri Feb 02, 2007 5:52 pm
by jposey2
Michal,
Can this script be converted to an NT indicator? It's the Sweet Seventeen Indicator which made me a bunch of money on another "not-to-mention" software.
Jim

Posted: Fri Feb 02, 2007 6:55 pm
by eudamonia
jposey2,

Not sure I understand what an ROCSeries (obviously a refernce to another indicator) stands for. Is that Rate of Change?

What market(s) timeframes do you utilize it on? Do you have a picture you can post of the indicator?

Posted: Fri Feb 02, 2007 7:28 pm
by jposey2
You can go to www.wealth-lab.com and click on the "ChartScript" link about midway down the homepage. I wasn't going to mention their name as I'm not sure if you or I could get nailed....nevertheless...here it is.
Jim


Top 10 Market Order ChartScripts by Net Profit % as of 12/29/2006

Click for Top 25 ChartScripts

Ranking ChartScript Net Profit % APR Max DD %
1 A seventeen-liner 1,505.06% 64.64% -37.54%
2 A sixteen-liner 1,002.24% 53.89% -39.32%
3 An easier seventeen-liner 438.59% 35.32% -25.10%
4 A Seven-Liner 273.87% 26.73% -55.22%
5 An eight-liner 70.68% 26.53% -53.67%
6 CMO Signals Modified with stochRSI 270.30% 26.51% -36.34%
7 Season Trader II 225.01% 23.58% -23.06%
8 33 Liner 224.89% 23.57% -56.61%
9 050310_Seasonal variation 214.93% 22.88% -21.45%
10 Lazy Gainer - SMA200 Exit 208.20% 22.41% -18.36%

Posted: Fri Feb 02, 2007 7:53 pm
by eudamonia
Jim,

Well considering this information is publically displayed at their website (you don't even have to be logged in), that would be pretty tough for them to prosecute :)

Interesting. Obviously this is a stocks only setup - I can see why having it in NeoTicker would be such an advantage. The description that they have of the indicator makes things much more clear (at least to me - since I'm not a wealth lab user) and I would take a shot at it but I'm clueless as to what functions they are referring to with the following:

FirstActualBar - is this the first O,H,L,C or O,C or ?
TurnUp/TurnDown - not sure what these mean
trunc - not sure what this means
SetPositionPriority - not sure what this means

Any idea of what these mean?

Edward