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Strategies & Market Trends : TA- Scans and System Tests

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To: gonzongo who wrote (23)	10/18/1996 8:19:00 AM
From: Chandler H. Everett	of 989

Andy........I just fooled around with the Fib parameters (as is my wont) and came up with that formula. The thing is, I always subtract 50 from formulas like yours to get an oscillator, so when I put the STOCCCI up next to your fomula (minus 50), the correlation is quite close. AVERAGING THE TWO, and then creating a formula that shows the Rate-of-Change on a day-to-day basis of the 5 Day weighted MA (I did that for WOW users), gives a pretty good short term screen with the ROC giving signals at Zero crossovers and the Combined & Averaged Indicator (MagMick) turning at extremes giving signals. See what you think. BW Chan

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