SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The 56 Point TA; Charts With an Attitude

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: bdog who wrote (36998)9/17/2000 11:25:22 AM
From: Warthog  Read Replies (1) of 79383
 
<font color=green> Lab Work!!

This "Delaware" setup gives some good signals.
1. Construct a 13 period RSI.
2. Construct a Linear regression of 4 periods on the RSI.
3. Construct a two sigma bolinger band about that LR
using 13 periods
4. Construct a curve that is the difference of the high
and low bolinger bands.
5. Construct the slope of the LR and notice when it turns
positive with at least a 2% turn.

The signal to watch for is.
A. BB difference is less than 15
B. and the slope of the LR turns upward.

If the LR of the RSI is less than 50 it gives excellant
results, above 50...good results...above 70..a quickie..

The tightening of the BBs indicate that the RSI is in a
meandering range...when the slope of the LR turns upwards.
a breakout is then evident in the price...(about 70% of the
time or at least 50/50)

Let me know what you think of this "Delaware" alert.

wart
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext