Richard, Andy and all-
Here's one that's very interesting.
For WOW
FibboGatto
1:
((c+ref(c,-1)+ref(c,-2)+ref(c,-3)+ref(c,-5)+ref(c,-8)+ref(c,-13)+ref(c,-21)+ref(c,-34)+ref(c,-55)+ref(c,-89)+ref(c,-144))/c)*-1
{{{adding closing price only on fib days 1,2,3,5,8,13,21,34,55,89 and 144 and then dividing by today's close}}}
2:
mov(((c+ref(c,-1)+ref(c,-2)+ref(c,-3)+ref(c,-5)+ref(c,-8)+ref(c,-13)+ref(c,-21)+ref(c,-34)+ref(c,-55)+ref(c,-89)+ref(c,-144))/c)*-1,34,e)
{{{ 34 period mov avg of above indicator}}}
Look for crosses of the indicator for positive or negatives.
Now, there are many whip saws. I don't reccomend this as a system at all, just as an indicator. It really highlights some big moves but measuring it with the system test is useless. You must use this as ONE of the tools not THE tool.
I'm not done playing with it so maybe we cab put a few heads together and improve it.
Regards, Jerry |
