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Strategies & Market Trends : Metastock 6.0 for Window

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To: TechTrader42 who wrote (1813)3/31/1998 9:21:00 PM
From: Paul Beattie   of 4056
 
Hi Brooke, Thanks.

My first concern with this is that it doesn't check that StochRSI(14) is rising and that InSynch is rising. It's interesting to see OBV and SAR in there.

I like what Dave shared with us. To me, a key indicator in the mix is the StochRSI(14). Other indicators are very important to confirm trend, and momentum. The thing I like most about Dave's system is that by focusing on only when StochRSI(14) went low enough to signal on the rise past 30, we (hopefully) focus on stocks with room on the upside.

Cheers,
Paul
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