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Strategies & Market Trends : Technical Analysis- Indicators & Systems
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To: David Russell Coburn II who wrote (771)4/20/1997 11:33:00 PM
From: Gale A. Thompson   of 3325
 
Hi David,

"I liked Richards volume indicator too."

It sounds like you're keeping them all busy... Good for you <g>. I haven't had as much time lately as I would like, but still work at it as much as possible.

Frank Skepton gave us his MAC indicator awhile back and I have added it to Richards Buy line. It now looks like this:

V<.33*Mov(V,180,S) AND
C>Ref(C,-1) AND
Ref(HIGH,-1) < Mov(LOW,8,S)

I am checking if the reference for the high should be -1 or -2. I think it will turn out to be a -2. But it does get you in a day later. This appears to be pretty effective at getting you in the bottom. Make sure your stocks are uptrending or else the uptrend is very short lived. It is nice to see it bottom right on a support line when SRSI(8,5) crosses SRSI(14) above 20. No sense in wasting a wish....<g>

Much luck and skill to you....

-- Gt --
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