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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude

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To: ivan solotaroff who wrote (34918)4/5/2000 3:44:00 PM
From: Doug R  Read Replies (3) of 79230
 
Ivan,

It would be great to have a program to follow the trendline stuff I do for stocks that hit the thread's scans. A price and volume alert would automatically kick in an appropriately sized order.
Run the scans, tell the program to watch the hits. Hold them until either the target line is approached or the stop is hit. Since the whole thing boils down to buying a supply/demand dynamic the program would look at the recent trendline, measure the time from one anchor to the next and accelerate the protective stop when appropriate while also moving the profit taking stop up along the target line each day. All automated.
3 dRSI tricks, TC hits and signals based on the new 13 d/8 dBB thing I found would get a tight protective line, MIMBOs would get the protective line best suited for them, etc
Doug R
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