A.I.M. Users Bulletin Board

[The Grabber]

Hi Tom.

Newport is BTB in its calculating engine.

I apologize if I mistated that Newport uses %PC instead of %SV.

It's only the Minimums and the SAFE that can vary from BTB. (in Newport SAFE is called Resistance).

How does it vary?
When I reverse engineered Lichello's formula, the toughest part (for me anyway) was figuring out how to accomodate for Minimum $ and the impact that had on Safe.
I chose to generate 'Initial Values' for Stock Value, Advice, Safe and Action amounts, then by comparing that to the Minimum $, adjust Advice and Safe to derive Final Stock Value, Safe and Action amounts. Dividing thae Final Stock Value by # Shares owned gets to the Limit price per share. Dividing the Final Action $ by the Limit Price derives the # Shares to Sell or Buy.