Replies to post #2928 on Strategy Central

[capt_jmj]

Jim, would you please confirm if I have interpreted your explanation correctly:

1) A negative NAMO reversal is when the direction changes and it is going lower, which would signal a Short position

2) A positive NAMO reversal is when the direction changes and it is going higher, which would signal a Long position

[capt_jmj]

Jim/tclark1: NAMO Settings...

I played with the + or - 5 setting on the NAMO and found the results were pretty sensitive to that. Maximum effect observed at 7.88...

TC, the other parameter I want to investigate is the number of days you look back to determine the Max or Min, and to be able to change that within a formula. I think it may be some combination of the ADDRESS and/or OFFSET functions, but those are very cryptic to figure out how to use. Basically, I want to vary the number of days of look back as a user input and have the logic statement for the NAMO use that correctly.