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Strategies & Market Trends : TA- Scans and System Tests

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To: Sam Cohen who wrote (221)	12/19/1996 1:56:00 AM
From: gonzongo	of 989

You asked for it: A fellow named Jack Landis created a weighted stochastic in TC2000 and developed an eloborate highly successful system. He was at TAOTB in Mississippi last July at TAOTB #1 and gave a presentation on the system. It was as follows: No second smoothing line: (89,21) (55,13) (34,8) (21,5) (8,3) then he weighted them together to get a combined indicator. I tested it and came up with stoch(55,21) as the closest equivalent to the weighting.His actual formula was: .43stoch(89, 21) +.26stoch(55,13) +.16stoch(34,8) +.10stoch(21,5) +.05*stoch(8,3) Now look especially at 8-3 and 21-5 and 55-13 when 55-13 with a 3 day smoothing on it turns down or up it usually indicates a trend reversal. example Dell: buy on 2-2 at 14.56 sell on 6-4 at 27.625 buy on7-26 at 26.875 sell on 9-23 at 42.469 buy on 10-15 at 44.1875 sell on 10-16 at 43 buy on 10-24 at 41.906 sell on 10-31 AT 40.688 buy on 11-8 at 44 sell on 12-10 at 59.625 now lets look at 21-5 crossing 30-70 shows a shorter term perspective.... If you look at all of Jack's 5 lines you get a look at all the time frames of the stock through a stochastic filter short term 8 day to longer term 89 day. very interesting. yt andy

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