Been cooking up some more "89" experiments in the dogatory, here's what's left after the smoke cleared...
Some of you are familiar with stochrsi, I have modified the formula to apply slowing. ie an 89,34 stochrsi would be equal to a 89,1,34. I have slowed it to 13 periods. I guess this may actually be a double smoothing as one is already slowing the rsi to 34. But I'm not a mathematician.
Meta and parity formulas at the bottom of the hunde report.
So let's drink a slow double smoothie:
Looking at the dow daily with a stochrsi 89,13,34 and a 21 ema of same.
patterns:
recent Head and shoulder break signaled a sell and previous IHS a buy.
buys:
a crossover
a move up through 30.
earlier.. on up turn below 30.
sells:
a crossover
a move down through 70.
earlier... on turn down above 70
Synopsis: After the recent break of H&S it is now setting up for a bottom and possibly the head of an IHS. The previous IHS gave a nice run. The lowest value was 14.21 on 8/1/96 and you all know what happen after that. We are now at 16.25 and dropping. (I have the dow from 1990 on.) If I didn't know any better I'd say we have a 1000+ point run ahead of us.
Take a peek, I know this is only 1 indicator but I say a big hmmmmmmmmmmmmmmmmmmmmmmm.
Also interesting to apply this same unit to other stocks.
Those that care to follow along... snore >g<
Stochrsi formula with slowing for MetaStock:
mp1:=Input("RSI Periods",1,377,89);
mp3:=Input("Slowing Periods",1,377,13);
mp2:=Input("EMA Periods",1,377,34);
Mov(Sum((RSI(mp1)-LLV(RSI(mp1),mp1)),mp3)
/Sum((.0000001+(HHV(RSI(mp1),mp1)-(LLV(RSI(mp1),mp1)))),mp3),mp2,E)*100
Translated for Parity:
MOV(StatMovTot((RSI(89)-Lowest(RSI(89),89)),13)
/StatMovTot((Highest(RSI(89),89)-Lowest(RSI(89),89)),13),34,"E")*100
Ya want to get more complicated? For confirmation on the above try a 13ema of the stochdmi89,21 use 30/70 buy/sell rules along with trendline breaks (hide the stochdmi)
Or even a stochimi 89,34
enough, my specs are a foggin up
I better be careful with these matches too
bcrazydog |
