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Strategies & Market Trends : TA Science Projects & Experimental Indicators

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To: ftth who wrote (5)	1/27/1998 8:51:00 PM
From: big run	Read Replies (1) of 237

hi dave.... sorry for the long delay, but i've been away for a while and benn trying to catch up on everything else. thanks for the explanation of a dll. i am not a programmer but have friends that do. i have not seen them in a while but i will real soon, in a week or so. i do use sc4 and, while it has its flaws, i found it to be the most "comfortable" of the charting programs that i have used. i am a designer and i expect software to be able to do what i want, how i want it. otherwise i just to frustated with it and don't use it. sc4 has the most similiar feel to it with the other software packages i use, so it really makes a big difference to me. however, most people across these boards seem to despise omega because of their poor tech help. i agree. i would like to work on a study with you, if i can be of any help. i primarily work with volume and price patterns and just a handful of momentum indicators. the most recent example of what i look for are SEEC. it has been in a down trend since mid sept, that initial trend ended 1-13 as it started back up from from making a higher low and then on the 15th it bolts out on expanding volume after earnings announcement. i wait for the volume to back down and set a possible buy price of 18 based on the gan fans i am using starting at the high of 37 3/8 set on 9-15 tracking the down trend and the other placed on the low of 14 on 12-29 tracking a possible uptrend. this would be the intersection to watch for a continuation of the possible uptrend. the volume confirms by following the price and i buy at 18 and watch. from this point if it continues up i will switch over to ma's and walk away if it retraces 15 percent from the last high, the ma's start deteriorating or volume isn't doing what i want. i know its a little bit long winded but thats basically it. i also keep a 10% stop and close up shop if it gets hit after reviewing the chart. it's not very exciting but it works for me. i find the longer you work with your system the more in touch you are with it and if the end result is $$$ then i like boring! looking forward to talking with you more mike reicher

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