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Strategies & Market Trends : TA-Quotes Plus
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To: Chris G. who wrote (3039)1/14/1998 3:49:00 PM
From: Craig DeHaan  Read Replies (1) of 11149
 
Yes, mostly c & p based on some concepts of Chan using LinRegSlope of "WAVO" (Williams Accumulation/Distribution Oscillator in a MACD setup) posted somewhere recently. The 14 day slope of CLOSE (not Dahl) is actually one of my default screen indicators along with r-squared as trend direction and strength indexes, but both are gradually being demoted for these more esoteric sensitive indicator slopes in current choppier markets. Not to imply that Dahl strictly fits this bill for any short term readings; it provides a longer look and slope changes are relatively stable. Working with slope on a series of TSF MA's may be similarly slow but is showing hope for intermediate looks.
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