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Strategies & Market Trends : Bullish Percent and VXN type indicators

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To: OX who wrote (7)5/9/2002 9:17:44 AM
From: Steve Lee  Read Replies (1) of 119
 
Ox, I'm confused now,

Looking at the last four columns PnF for MOT I see this:


X
OXOX
O OX
O


So it looks like column 3 is a sell signal with no buy signal since. Doesn't that mean it is not on a buy signal?

I am using a box size of 2 and a reversal factor of 1. Bear in mind my experience of PnF is next to nothing.
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