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Strategies & Market Trends : TA-Quotes Plus

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To: TechTrader42 who wrote (2098)9/26/1997 10:14:00 PM
From: gonzongo   of 11149
 
Brooke and all:
I know StochRSI was discussed at great lengths on Cumpuserve and written about by Chande.... But I found out about it in several conversations with Dave "DNS" Evans who is a very good stock picker btw. He kept saying that Breakout Joe was using StochRSI 14 and that it looked really good- well after several conversations like this- I pulled out my WOW( not having a SUGAS QP2 scan at the time) and started looking at it- I said Hmmm looks very good. Then I said to myself-- but I am looking for a shorter time frame to play with. So I tested and tested and tested and came up with StochRSI(5,3)- Peter's comment on NM was "look at all those @#$%^% trades" I looked and agreed so I moved a little longer and tested the heck out of a variety of combinations in WOW system tests- I found I liked (8,5) and started using it and of course posting it... I still like it although stochrsi(13,13) buy/sell on the turns is probably the best I can find as far as testing.

Anyway just felt like rambling about my favorite indicator- Always look at CCI(13) in conjunction and the other stuff as you know...

dadadada

andy
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