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Strategies & Market Trends : Technical Analysis - Beginners

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To: Chris G. who wrote (7287)	12/19/1997 8:04:00 AM
From: Chandler H. Everett	Read Replies (2) of 12039

Chris.......you have of course caught the essence of the trials and tribulations in TA land of trying to find the Holy Grail. The systems and indicators you mentioned are all tried and true, but all give their signals a little late, ie....after the move has begun and much of it has occurred. MAYBE THAT'S THE BEST WE CAN GET!! But I keep trying. Here are a few examples of slightly tighter indicators that I'm working with at the moment. 1. ((PDI(8)-MDI(8))-(PDI(21)-MDI(21))) + (PDI(13)-MDI(13)) 2. LinRegSlope(Mov(WillA(),21,W)-Mov(WillA(),34,W),2)*10000 I check these out against the 8,5 StochRSI and like to see the 5,39 MACD above its 13 MA AND Zero. For what its worth..... BW Chan

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