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Strategies & Market Trends : today's chart
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To: John K who wrote (481)8/30/1997 11:09:00 PM
From: TechTrader42   of 1267
 
Thanks for the AMES Vidya chart. You could try various buy and sell signals with Vidya, using the same sort of systems you use with exponential moving averages. Chande says to buy when price closes two days above Vidya, and the reverse for sells. Well, he's actually a little more specific: He says place a buy stop order when price closes two days above Vidya, and place the order 1 tick above today's high. If you're going to be working with ticks, remember to wear long socks; you don't want to get Lyme disease. You might also try signals based on the bands. Maybe Richard has some suggestions. I haven't played around with Vidya much yet, because with WOW it involves the circuitous route through Excel, and various incantations.

You might want to get "The New Technical Trader" by Chande and Kroll. It's a great book. There's even good stuff about StochRSI in the book.
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