Hi Vladimir, I'm really amazing watching at you updating NH-NL indicators all countries consistently. My questions are typical beginner questions (sorry for it), and I'm really want to learn : 1. I don't think you entry this data manually on daily basis, is it right? if so, how do you get the database?
2. What program/software do you plot ? since I can't do it in excel.
3. For US Market, I try to record the NH & NL data on daily basis (manually), but sometimes I missed it (really hard to do as you did). Do you have any suggestion how to get the database? (anyone can help?)
I haven't use this indicator before, but I think it very useful if I can improve myself in this very short term market situation.
I don’t know how Vladimir does. I have two suggestions.
Tracking them manually is very restrictive. So I would write a program in Visual basic for Excel in order to import data contained in the web page (Yahoo or others) scheduled for starting each day automatically. You must check with someone knowledgeable whether this is solution works fine. It doesn’t fix the problem of missing data when the computer is off.
The second solution is the one I prefer. With Visual basic embedded into Stockfinder 4.0, you can write the code to calculate the NH and the NL of the last 52 weeks, 65 days, 21 days and draw the charts. Stockfinder accepts the Canadian and US database. I would take the Russell 3000 components as the reference for US stocks in order to eliminate the ETF and other funds. You must have a very fast computer (two processors preferably) since this kind of calculation is very demanding whatever the algorithm you use to find the highest or lowest point of each period.
Hi Vladimir,
ReplyDeleteI'm really amazing watching at you updating NH-NL indicators all countries consistently. My questions are typical beginner questions (sorry for it), and I'm really want to learn :
1. I don't think you entry this data manually on daily basis, is it right? if so, how do you get the database?
2. What program/software do you plot ? since I can't do it in excel.
3. For US Market, I try to record the NH & NL data on daily basis (manually), but sometimes I missed it (really hard to do as you did). Do you have any suggestion how to get the database? (anyone can help?)
I haven't use this indicator before, but I think it very useful if I can improve myself in this very short term market situation.
tks for your help.
Rudi
I don’t know how Vladimir does. I have two suggestions.
ReplyDeleteTracking them manually is very restrictive. So I would write a program in Visual basic for Excel in order to import data contained in the web page (Yahoo or others) scheduled for starting each day automatically. You must check with someone knowledgeable whether this is solution works fine. It doesn’t fix the problem of missing data when the computer is off.
The second solution is the one I prefer. With Visual basic embedded into Stockfinder 4.0, you can write the code to calculate the NH and the NL of the last 52 weeks, 65 days, 21 days and draw the charts. Stockfinder accepts the Canadian and US database. I would take the Russell 3000 components as the reference for US stocks in order to eliminate the ETF and other funds. You must have a very fast computer (two processors preferably) since this kind of calculation is very demanding whatever the algorithm you use to find the highest or lowest point of each period.
Have a nice day.