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Strategies & Market Trends : Technical Analysis- Indicators & Systems
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To: Bill Sandusky who wrote (1983)7/15/1997 10:26:00 AM
From: F Robert Simms   of 3325
 
Bill, in trying to develop a scan that includes your system I have had limited success. I have visually scanned many charts an looked at your BradCCI, Standard Deviation, and Andy's StochRSI(8,5). My system has a tendency for whipsaws and early outs. Still, I get fair results. But, I see that I am not tapping it's full potential. I plan to continue improving it, and I hope others will help.

The best that can be done with what we have is to use the scan for candidates and use your visual criteria for conformation to prevent whipsaws and early outs.

I also, added a check to the system for low volume. Do you check for low volume, and if so could you describe what you look for.

Thanks,
Bob
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