Metastock 6.0 for Window Message Board

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Strategies & Market Trends : Metastock 6.0 for Window

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To: TechTrader42 who wrote (1907)	4/8/1998 9:45:00 PM
From: Jan Robert Wolansky	Read Replies (1) of 4056

Actually, I saw Chan mention StochDMI(8/5) and StochDMI(14), and just extended the concept to 34/13: To: +David R. Evans (1610 ) From: +Chandler H. Everett Tuesday, Dec 31 1996 10:21AM ET Reply # of 8287 Dave.......and "Surfer"...and everyone..........the StochDMI BEARS LOOKING INTO! I've found that......... 1. The StochDMI seems to turn both up and down off its overbought and oversold levels about 1 DAY EARLIER than the StochRSI, and 2. It's swings indicate a MORE ACCURATE DIVERGENCE to Price (accurate in letting one know when the steam is running out of a run). I've tried it both at Dave's level (14's) and at Andy's level (8,5), and find the above to be true at both time horizons. Oh yes, Andy, DMI stands for Dynamic Momentum Index in MSWIN, don't know if it's in WOW. BW Chan

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