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Strategies & Market Trends : Technical Analysis- Indicators & Systems

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To: Tim Fierro who wrote (2793)9/30/1997 9:43:00 AM
From: Chandler H. Everett   of 3325
 
Tim.......I've put your scan into a template and must admit that while your indicators signal low points and high points fairly well, they don't seem to give a buy or sell signal that is CONSISTENTLY followed by moves that are large enough to make good money in the trade. I do believe that you can use your stuff IN CONCERT with CCI indicator, such as the Standard CCI(13), and the Wood CCI, which is

(CCI(10)-Mov(CCI(10),10,S))/Std(CCI(10),10)*100

or a CCI of a CCI. When CCI(13) crosses up from below -150, or down from above +150, and Wood CCI crosses Zero, better signals are given when used in conjunction with your indicators.

BW Chan
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