Hello Dale,
Dave's New System (DNS) is a binary consisting of 8 indicators. The code (MSWIN) is as follows:
If(SAR(.02,.2)<C,1,0) + If((Mov(C,5,E)>Mov(C,13,E)),1,0) + If((Mov(C,13,E)>Mov(C,40,E)),1,0) + If((Mov(C,8,E)-Mov(C,17,E))> (Mov(Mov(C,8,E)-Mov(C,17,E),9,E)),1,0)+ If(Mov(C,50,SIMPLE) - Ref(Mov(C,50,SIMPLE),-15) > 0,1,0)+ If((Mov(ROC(C,12,%),3,E)>=-6 OR ROC(C,12,%)>0),1,0)+ If(OBV()>Mov(OBV(),40,S),1,0)+ If(V>Mov(V,120,S),1,0)
The charts I have on my Home Page have the following:
MACD (8-17-9) MACD (13-26-9) MACD (13-34-89) EMA 5 bar EMA 13 bar EMA 40 bar EMA 200 bar Elliott Wave Count - proprietary indicator developed by Trading Techniques, Inc. Regression Channels - proprietary indicator developed by Trading Techniques, Inc. Bias Reversals - proprietary indicator developed by Trading Techniques, Inc. MOB - proprietary indicator developed by Trading Techniques, Inc. ELLIPSE - proprietary indicator developed by Trading Techniques, Inc. XTL - proprietary indicator developed by Trading Techniques, Inc.
Now I know it sounds like a lot of stuff so lets back up and see what I'm really doing.
I'm looking for a stock that's making a move up. How do I determine that? I look for a long MACD (8-17-9) with Price above Parabolic SAR and a Regression Channel Breakout. All the other stuff is there to give me more confidence and support.
If the move is for real, all the other stuff on the screen should be lining up. If not, you will see a lot of clutter.
Dave Evans |