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Strategies & Market Trends : Technical Analysis- Indicators & Systems

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To: F Robert Simms who wrote (2006)7/10/1997 5:59:00 PM
From: TechTrader42   of 3325
 
Now that I've put StocRSI(8,5) back into your formula, I get very good results with it for AMTX -- not quite as good as yours, but I haven't put in any stops. What did you use for stop settings?

Your system really found the highs and lows for AMTX in that period;. It didn't do so well with MU, another one that Richard uses in tests, I think. Well, he probably uses a lot of stocks in tests, but he's mentioned MU and AMTX before. Your system picks the highs and lows with some other stocks, too, I was just looking at it with IP's chart. It gives to many signals in less volatile periods, but a lot of systems do that -- even DNS. Just to see how well the system finds the bottoms and tops in these stocks makes me feel that Bill is onto something (and you with your formulation, too). You've done Bill proud. We newbies can give the old guard a run for their money sometimes, n'est-ce pas?

I'll post your sytem at my formulas page, so others can reach it easily. It sure does make a pretty chart with AMTX. Bill Sandusky will be pleased to see it.
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