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Strategies & Market Trends : Technical Analysis- Indicators & Systems

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To: gonzongo who wrote (2095)7/21/1997 2:15:00 PM
From: TechTrader42   of 3325
 
Andy: Your Stoch (55,21,5) system tests really well in the few stocks I've tried so far. It does best with the small-caps and high-flying technology stocks I've tested, not with big lumbering DOW stocks. I'm going to add the system to my bag of tricks.

Here it is again, folks:

enter:
mov(stoch(55,21),5,w)> ref(mov(stoch(55,21),5,w),-1) and mov(stoch(55,21),5,w)< 70 and mov(stoch(55,21),5,w) >18

exit:
if((hhv(mov(stoch(55,21),5,w),21)>70),(mov(stoch(55,21),5,w) <70 and ref(mov(stoch(55,21),5,w),-1) >70), (mov(stoch(55,21),5,w)<50))

alternate exit:
(mov(stoch(55,21),5,w) <70 and ref(mov(stoch(55,21),5,w),-1) >70)

I'll do some more experimenting with it tonight.

Brooke
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