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Perry
 Member
Posts: 5
Joined: 4/19/2012
User Profile |
I have recently revisited the seasonality module. There is a problem with the calculation of weekly directional statistics. example TSLA for week 21 shows 72.7% with 8 of 10 previous winners. 8 of 10 is 80%. week 22 shows 81.8% with 7 of 10 winners, should be =70%. week 5 shows 63.6% with 8 of 11 winners should be =72.7%
this should be easy to fix. I hope someone will take a look.
Thank you,
Perry
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Diamondjag
 Legend
    Posts: 404
Joined: 3/12/2006
Location: Brighton, Colorado
User Profile |
I might be wrong but I was always a little suspicious of the Seasonality figures. I wish Nirvana would revisit this module. There is so much more they could do with it.
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Perry
 Member
Posts: 5
Joined: 4/19/2012
User Profile |
Diamondjag imagine my dismay after I built a spreadsheet and went through 367 symbols one by one to only to realize there are errors. I will need to redo everything and verify what I have is correct. no small task.
And I agree there is so much more that could be done. make it searchable for anything over 80%. and have the ability to confirm with the weekly's. I found TSLA was due for a move starting this week May24th and wow did that go well. It is a hidden gem that could even be used to day trade stocks or options(preferably options) going down to the hourly timeframe.
[Edited by Perry on 5/26/2021 2:04 PM]
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Jim Dean
 Sage
       Posts: 3433
Joined: 3/13/2006
Location: L'ville, GA
User Profile |
Agree re needs an update and some enhancements. Definitely should be able to use this with ATM, and its function calls with Dynamic Scans.
BARRY: could you please put this request on the “list”.
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