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Strategies & Market Trends : Technical Analysis - Beginners

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To: bdog who wrote (8654)	9/20/1998 6:25:00 PM
From: Dale Wingo	Read Replies (3) of 12039

byouain'tgonnabelievethisdog, And I thought that noise was tinnitis!<bg> After I did get to sleep last nite all I dreamt about was TA. Around 3am I had something that could only be described as devine intervention: I'VE FOUND THE HOLY GRAIL! Everyone up here has said that it was impossible but I've tested it and it works in every situation for every stock I've tested it on. The craziest thing is that it soooo simple! And I'm willing to share it with everyone up here.. Not knowing what software you're using I'll put the code for both entrys and exits in pseudo code: Buy: If the MACDHistogram(34,55,89) > 0 then buy else if the MACDHistogram(34,55,89) <=0 then buy Sell: if the 21 day Moving Average(closing price) <= 0 then sell The magic part of the formula is the use of those Fibonacci numbers. That Fibonnaci guy had to be one of the best minds of all time! I owe it ALL to you guys up here and especially to you bdog for your enthusiastic support! I'm just glad I can give something back to all of you who have helped me! Of course this TA works best for buy and hold but isn't that what technical analysis is all about: Maximizing the profits for the appropriate system?(vbseg!!) Dale

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