Post #3377 by anchak on the Mechanical Investing board

Investment Strategies / Mechanical Investing ❤

Unthreaded | Threaded | Whole Thread (6)

Post New | Post Reply | Report Post | Recommend It!

No. of Recommendations: 6

Paul : As this code snippet shows

lf-1lp-1h1::SMADiff:gt0:SMADiff:linear(1,sma(1,200),-1,sma(11,200)){U:{!GSPC}}

Its the Slope of the 200SMA.....As defined as

Universe : SP500 (^GSPC is the Yahoo! ticker)

the function SMADiff - utilizes the linear GTR1 call -which is sum ( yeah its convoluted , hence GTR1 remains elusive mystery to a lot)
and the -1 in the middle is the additive - being negative it does

SMA(1,200) - SMA(11,200) and then check >0 (gt0) -so a simple check of whether the SMA difference is positive

if not Bear

Makes sense?

Post New | Post Reply | Report Post | Recommend It!

Print the post

Unthreaded | Threaded | Whole Thread (6)

Prev | Next

Announcements

Mechanical Investing FAQ

Contact Shrewd'm
Contact the developer of these message boards.

A community forum supporting civilized, and highly helpful, self-educating investors that come together for Shrewdness and merry spirits. These message boards closely follow the look and feel of the old message boards at boards.fool.com prior to the boards redirected to discussion.fool.com. Shrewd'm is not affiliated with the comprehensive and excellent investment website, The Motley Fool (TMF), in any way. The Shrewd commmunity here has owed, and continues to owe, gratitude to The Motley Fool for nurturing a culture of jovial irreverence towards Wall St, and that tradition will continue here.