ASCOT TRADING SYSTEMS for those on the way.

 

PALS

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Price Adjusting Line Simple method                      >>>free download<<<

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Now you can be much more mobile with your stocks, forex, futures or mutual funds investments. After closing bell you can type today's close and this  powerOne® Finance calculator template reckons the value of 9-days simple Price Adjusting Line and then compares that one with today close number. In this way the buy / sell Signal will be generated. Input the very last value of close price after closing bell and this templates will inform you what market decissions will be waiting for you after the breakfast on next day. Buy when Signal=1 and sell when Signal=-1. 9 days PAL was thought for locals, specs and big gamblers. If you have a professional technical analysis software on your PC then you can optimize the best period for PAL® in case of your financial instrument prefered and then rebuild this template by adding closing price rows and using this equation below :

 

Signal=sign(TodayClose-(((Close1+Close2+...+CloseN)/N)+(TodayClose-YesterdayClose)))*1

 

where TodayClose is always one of Close1...CloseN value.

 

In case you will prefer Delta i.e. a linear percent deviation of TodayClose to PAL's value then you can copy and paste this formula :

 

Delta=100*(TodayClose-(((Close1+Close2+...+CloseN)/N)+(TodayClose-YesterdayClose)))*1

)/((Close1+Close2+...+CloseN)/N+(TodayClose -YesterdayClose))

 

 

Now you are much more mobile. Check my other trading system and my option value model for powerOne®Finance calculator under

 

kind

regards

Marcin Zak

www.ascot.pl

ASCOT TRADING SYSTEMS

FAQ  ascot@ascot.pl

 

 

See the picture below for AUDUSD in Metastock. The profit for PAL is better abt 5% in comparison to MAS.