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Strategies & Market Trends : Charts!

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To: Jim Battaglia who wrote (37)5/28/2006 11:10:36 PM
From: Tom Swift   of 75
 
It depends, it is somewhat subjective.

If you look at the charts I posted on this thread, you will notice that I have RSI(5) then Stoics at a slower time frame, then MACD at at even slower time frame, followed by an accum-distribution indicator.

I like to see the RSI(5) form a bottoming pattern (particularly a positive divergence) before the SMA(5) is broken during a downtrend.

If it is a good signal, the SMA(5) and the upper BB tend to envelope the good part of the run and when it starts to break up, It is time to look at a good selling point.

On good runs, the slower indicators confirm and help keep you from selling too early.

If I could write an actual algorithm for this signal, I would be a very wealthy guy. Right now, I am just trying to refine the parameters.
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