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Strategies & Market Trends : Let's Talk Technical Analyisis (TA)

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To: MechanicalMethod who wrote (102)12/26/2001 4:16:08 AM
From: robnic  Read Replies (1) of 178
 
MM,

Are you allowing one upbar despite the higher close now? Closes in lower 25% and below open?

BTW, I'm back to daily charts. I'm going to use a preliminary tech group signal as a go ahead to find a reversal in a stock in the same group, and repeat this for each group. An exit will be made on a stock reversal or a tightening to swing (allowing one countertrend bar) if the group gives another preliminary in the opposite direction.

nic
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