Webb, You couldn't have Pointed Any Better...
With The Sell-Ind You can make $$$ even on DownTrend....That's Were
It Does Exell...In An Up Trend is Better With A Combination Of Other Indicators, Intermediate Term.
I Use It Mainly For Intermediate-Short term Exit In Combination with A good range ExitStop 5 to 20% max.... I mainly Trade Small cap Stock With It, $0.1 to $ 3.00 Price Range...
Compunding Adds to quite A Bit, even with small Profits @ the Time !!!
StochRsi Is Good, But too Often generates too many Trades...@least in my opinion....
That's Why I came Up With my Own Stoch Variant that really helps
as An Entry point, But from time to time It does a fake on me.
Best As An Addition and Not By itself !!!...Anyway, Here It Is if You or Anybody Want to take it for a ride !!!
Entry Indicator.
Create Indicator With The name of "TT-Stoch", Or any Name you'd Like....
"mov(stoch(KK,DD),DD+pers,e)"
With KK=14, DD=3, Pers=3
And for System testing
Enter :
"((ref(fml("TT-Stoch"),1)>20 and fml("TT-Stoch")>=20))"
Julius.
BTW, Thanks For The Sugestion "DNS" I'll Give It A test run...
Speaking of "DNS", Wonder Which Variant are you using ??? |
