Post #4880 by lohill on the Mechanical Investing board

Investment Strategies / Mechanical Investing

Unthreaded | Threaded | Whole Thread (40)

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

No. of Recommendations: 0

lizgdal and bacon,

I just woke up from a nap during which I had a revelation. The question I should have been asking first is: What constitutes a new high? I googled it and decided that Robbie is looking at SPY from the present date back 251 days from the day in question and if SPY is the highest it has been over that interval it gets marked with a 1 else it gets marked with a 0. A years worth of zeros and ones are then averaged to calculate a percentage number. Another percentage number is similarly calculated for new lows and the difference in those two percentage numbers, if positive makes the NHNL signal itself 1 and if negative 0.

Please correct me if I'm wrong.

Larry

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

Print the post

Unthreaded | Threaded | Whole Thread (40)

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.