No. of Recommendations: 10
I am trying to reconstruct Robbie's BCC signal which clearly is derived from SPY closing prices.Bear Catcher II (NH/NL) does not use SPY closing prices. Bear Catcher II (NH/NL) uses "the count of new highs and the count of new lows together in one backtest so that a Nasdaq NH-NL signal can be created."
In some examples, SPY is used as the investment that BCC timing is applied to. But BCC can be applied to any screen. For example:
https://gtr1.net/2013/?!!QlpoMTFBWSZTWcrGjKgAAohfg...The BCC code does not use SPY. It does use GSPC:
lf-1lp-1h1::BCC:et-999:SMADiff:imports%280,SMADiff,1,0%29:NHNLDiff:imports%281,NHNLDiff,1,0%29:DBE:imports%282,DBE,1,0%29:BCC:linear%281,ifgt%28SMADiff,0,1,0%29,2,ifgt%28NHNLDiff,-0.4,1,0%29,4,DBE%29%7blf-1lp-1h1::SMADiff:gt0:SMADiff:linear%281,sma%281,200%29,-1,sma%2811,200%29%29%7bU:%7b!GSPC%7d%7d%7d%7blf-1lp-1h1::iflt%28linear%281,ord%281%29,-1,date2ord%2819731217%29%29,0,3,excd.a%29et3:styp.a:et10!11!18!48:dspo%281%29al252:rank%28class.a,permco.a,step3%29et1:NHNLDiff:et-999999:StockCount:sum%281,1,step4%29:PcntNHC252:linear%28100,ratio%28sum%28ifgt%28ratio%28gprc%281%29,hgprc%282,251%29%29,1,1,0%29,1,step4%29,StockCount%29%29:PcntNLC252:linear%28100,ratio%28sum%28iflt%28ratio%28gprc%281%29,lgprc%282,251%29%29,1,1,0%29,1,step4%29,StockCount%29%29:PcntNHC252WMA9:ratio%28sgwsum%28PcntNHC252,0,9,8,7,6,5,4,3,2,1%29,sgwsum%28linear%281,1%29,0,9,8,7,6,5,4,3,2,1%29%29:PcntNLC252WMA9:ratio%28sgwsum%28PcntNLC252,0,9,8,7,6,5,4,3,2,1%29,sgwsum%28linear%281,1%29,0,9,8,7,6,5,4,3,2,1%29%29:NHNLDiff:linear%281,PcntNHC252WMA9,-1,PcntNLC252WMA9%29%7d%7blf-1lp-1h1::DBE:et1:DBE:sgmax%28ifgt%28ratio%28gprc%281%29,hgprc%282,98%29%29,1,1,0%29,0,99%29%7bU:%7b!GSPC%7d%7d%7d
The [NHNLDiff] code does not use GSPC or SPY:
https://gtr1.net/2013/?lf-1lp-1h1::iflt%28linear%2...Note that you can get to these screens by clicking through the links in the gtr1 Results.
=== links ===
Author: rgearyiii
Subject: GTR1 and Bear Catchers
Date: 9/29/2013
Bear Catcher II (NH/NL) Revisited
"I also re-build the NH/NL signal described in
http://boards.fool.com/gtr1-and-market-timing-3035... using new field functions that simplify its construction. Finally, I build a signal whose value gives the states of all three Bear Catchers at once and show how to apply it to a basic blend."
https://yorickm.com/Message.php?pid=30893319Author: rgearyiii
Subject: GTR1 and Market Timing
Date: 11/1/2012
"Counting Nasdaq New Highs and New Lows ...
First, here is a screen that picks Nasdaq stocks that are at new highs: ...
The next step is to bring the count of new highs and the count of new lows together in one backtest so that a Nasdaq NH-NL signal can be created."
https://yorickm.com/Message.php?pid=30354312http://boards.fool.com/gtr1-and-market-timing-3035...https://web.archive.org/web/20140502034729/http://...
