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Finite Volume Elements System by Markos Katsanos
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Finite Volume Elements System (MS v.8.0)

Buy Order

PDS:= 22;
PDS1:= 35;
MF:= C-(H+L) / 2 + Typical() - Ref(Typical(),-1);
FVE:= Sum( If( MF > 0.3 * C / 100, + V,
If( MF > -0.3 * C / 100, - V, 0 )), PDS) /
Mov(V,PDS,S) / PDS * 100;
((If(LinRegSlope(FVE,PDS1) > 0,1,-1) -
(If(LinRegSlope(C,PDS1) > 0,1,-1))>0) and cross(FVE,-5))

Sell Order

PDS:= 22;
PDS1:= 25;
MF:= C-(H+L) / 2 + Typical() - Ref(Typical(),-1);
FVE:= Sum( If( MF > 0.3 * C / 100, + V,
If( MF < -0.3 * C / 100, - V, 0 )), PDS) /
Mov(V,PDS,S) / PDS * 100;
LinRegSlope(FVE,PDS1) > 0 OR Simulation.CurrentpositionAge>=50
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Finite Volume Elements System (all other versions)

Buy Order

PDS:= 22;
PDS1:= 35;
MF:= C-(H+L) / 2 + Typical() - Ref(Typical(),-1);
FVE:= Sum( If( MF > 0.3 * C / 100, + V,
If( MF > -0.3 * C / 100, - V, 0 )), PDS) /
Mov(V,PDS,S) / PDS * 100;
((If(LinRegSlope(FVE,PDS1) > 0,1,-1) -
(If(LinRegSlope(C,PDS1) > 0,1,-1))>0) and cross(FVE,-5))

Sell Order

PDS:= 22;
PDS1:= 25;
MF:= C-(H+L) / 2 + Typical() - Ref(Typical(),-1);
FVE:= Sum( If( MF > 0.3 * C / 100, + V,
If( MF < -0.3 * C / 100, - V, 0 )), PDS) /
Mov(V,PDS,S) / PDS * 100;
LinRegSlope(FVE,PDS1) > 0

 

 
More about this system read Markos Katsanos article "Detecting Breakouts" in TASC 4/2003.
Source / From: TOP
TASC 4/2003
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