The advance issues momentum (AIM) described by Lawrence Chan and Louis Lin in their article in this issue can be implemented
in NeuroShell Trader by combining a few of NeuroShell Trader’s 800+ indicators.
To recreate AIM, select "New Indicator…" from the Insert menu and use the Indicator Wizard to set up the
following indicator:
Number Positive Momentum (TICKERCLOSES, 1, 20)
Note that the TICKERCLOSES represents the closing prices of all the ticker symbols you choose to include in your AIM
indicator. Utilizing multiple selection of other instrument data, you can create a number positive momentum
indicator for each of the stocks in your ticker basket with one use of the Indicator Wizard. To do so, simply select the
Time Series parameters on the last page of the Indicator Wizard, select "Set Parameter", select "Other Instrument
Data…", and then select as many ticker symbols as you want inside the Other Instrument Data Wizard.
After adding the number positive momentum indicators to the chart, create the AIM indicator by using the Add Indicator
to sum up the individual number positive momentum indicators.
To recreate the AIM trading system in NeuroShell Trader, select "New Trading Strategy…" from the Insert menu
and enter the following long and short entry conditions in the appropriate locations of the Trading Strategy Wizard:
| Generate a buy long MARKET order if ALL of the following are true: A<B(AIM, 20) A=B(NumNegMom(AIM, 3, 1), 2) A>B(Momentum(AIM, 1), 0) Generate a sell short MARKET |
File Download