The importable AIQ EDS file based on Vitali Apirine’s article in the June issue of Stocks & Commodities, “The Stochastic Distance Oscillator,” can be obtained on request via email to info@TradersEdgeSystems.com.

Vitali’s new variation on the classic stochastic oscillator, is based on price maxima and minima over a range of days. It indicates overbought and oversold levels and helps to identify bull and bear trend changes.

Code for the author’s indicator is set up in the AIQ EDS code file. The code is also shown below. Figure 11 shows a chart of the NASDAQ 100 index (NDX) with the SDO[200,12,3] indicator (green jagged line).

!The Stochastic Distance Oscillator
!Author: Vitali Apirine, TASC June 2023
!Coded by: Richard Denning, 4/15/2023

LBPeriod is 200.
Period is 12.
Pds is 3.
C is [close].
Dist is abs(C-valresult(C,period)).
D is (Dist - lowresult(Dist,LBPeriod))/
       (highresult(Dist,LBPeriod)-lowresult(Dist,LBPeriod)).
DD is iff(C>valresult(C,Period),D,iff(C<valresult(C,Period),-D,0)).
SDO is expavg(DD,Pds)*100.

FIGURE 11: AIQ. Here, the stochastic distance oscillator (SDO) indicator is shown on a chart of the NASDAQ 100 index (NDX). The SDO[200,12,3] indicator is the green jagged line.

—Richard Denning
rdencpa@gmail.com
for AIQ Systems

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If you missed this AIQ Zoom event, don’t worry, the recording is now available from the link at the end of this post. (FYI it expires on May 25th.

In this 60-minute session, Steve Hill, CEO of AIQ Systems evaluated 2 recent Traders Tips from Stocks & Commodities Magazine.

Scott Cong proposes a new adaptive moving average (AMA). It adjusts its parameters automatically according to the volatility of the market, tracking price closely in trending movement, and staying flat in congestion areas. The new AMA is well-suited for swing trading.

John Ehlers reduces noise in the data by using an average of the open and close instead of using only the closing price.

Steve also created the two EDS files for these indicators. Special thanks to Richard Denning for programming these.

These files should be saved to your/wintes32/EDS strategies folder

Scott Cong AMA EDS file is here

Backtest 1 is here

Backtest 2 is here

John Ehlers RSI is here

Backtest 1 is here

Backtest 2 is here

Here’s the recording link

https://us02web.zoom.us/rec/share/34_WteyIi6rbrc84-H_CKOm_gzNbIFMDlqNWuHPtyNJDzU7BxXOEZpj5og_vMdSi.GOL0lU_U6VkM11hW

The importable AIQ EDS file based on Scott Cong’s article in the May 2023 issue of Stocks & Commodities magazine, “An Adaptive Moving Average For Swing Trading,” can be obtained on request via rdencpa@gmail.com.

In this article, Scott proposes a new adaptive moving average (AMA). It adjusts its parameters automatically according to the volatility of market, tracking price closely in trending movement, and staying flat in congestion areas. The new AMA is well-suited for swing trading.

The code is also available below.

Code for the author’s indicator as shown below is set up in the downloadable AIQ EDS code file.

!ADAPTIVE MOVING AVERAGE FOR SWING TRADING
!Author: Scott Cong, TASC May 2023
!Coded by: Richard Denning, 03/14/2023

!INPUTS:
Len is 20.

!CODING ABREVIATIONS:
H is [high].
L is [low].
C is [close].
C1 is val([close],1).

TR is Max(H-L,max(abs(C1-L),abs(C1-H))).
Effort is sum(TR,Len).
Result is highresult(H,Len) – lowresult(L,Len).
alpha is Result / Effort.
beta is 1 – alpha.

DaysInto is ReportDate() – RuleDate().
Stop if DaysInto > Len*2.
stopAMA is iff(stop,C, AMA).
AMA is alpha * [close] + beta * valresult( stopAMA, 1).
ESA is expavg(C,Len).

The figure below shows a chart of Broadcom (AVGO) along with the AMA[20] indicator (the red jagged line) and an exponential moving average indicator [20] (the green smooth line).

Richard Denning
rdencpa@gmail.com
for AIQ Systems

If you missed this AIQ Zoom event, don’t worry, the recording is now available from the link at the end of this post. (FYI it expires on April 13th).

In this 90-minute session, Steve Hill, CEO of AIQ Systems built a list of Direxion ETFs to trade everything and ran it through analytical tools. In the second half David Wozniak, CMT covered supply and demand by Incorporating Point & Figure Charts. 

Steve also created data files and list files for the ETFS. These are zipped and available below 

ETF data files are here – unzip to your /wintes32/tdata folder. Then go to Data Manager, Utilities, Rebuild Master Ticker List. 

ETF List files are here – unzip these files to your /wintes32 folder.

David has an introductory offer for his Trading Floor Research service available at https://aiqeducation.com/tfr-2/