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Strategies & Market Trends : Classic TA Workplace

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To: skinowski who wrote (122054)7/16/2005 12:52:49 PM
From: Galirayo   of 209892
 
[MID] Ski .. I worked up a Chart on the MID since you mentioned it today.

I tried to show what I"m looking at with the Aroon and MACD Combined. It's not a Stand Alone Indicator [imo] but this may help with your understanding of it. I'm still working on understanding it fully too.

If you notice .. the Aroon Line [which ever one it is] Is more Accurate when the Divergence of the 2 Lines it at MAX. One at 100 and one at Zero. OR .. It creates a Divergence of the 2 lines.

Still it's a Lagging Indicator. But let me ask you this Question ..

Can you see how it may be able to Assist in Wave Counting by the Duration of the Line on Trend ???

ttrader.com
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