SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The 56 Point TA; Charts With an Attitude

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Magnatizer who wrote (23288)11/21/1998 1:58:00 PM
From: Doug R  Read Replies (2) of 79214
 
David,

The thread has to get Solipsist back up to speed. Anyone out there with links to developments in the last 2 mos.? I think he needs the shark stuff, the comkey stuff etc.

The Peg line is the next line above the MIMBO's major downtrend line. It originates from the same place and anchors to the top of the first substantial move up from the initial BO.

Comky stuff is as follows (it's a scan I worked out...several people are running it with different prescan criteria:
CCI stuff: 13 d above 0 and rising
3 d above 0 and rising...often the 3 pops over 100 on the hit day.

stochastics stuff: %K within 7% of %D on the 13, 8, 8 OR %K above 70 and rising while above %D

3 dRSI min at 70 (max 95)

2 dRSI min at 65 (the min here appears to be able to filter out gaps the next day that are too large to want to chase)

8 dEMA 8dSMA xover

MACD properly crossed and rising without the >0 requirement with an OR in there to catch a crossover in progress....use the same 7% solution as on the 13, 8, 8 stochs.

8 dMFI above 34 dMFI with the 34 dMFI rising

The Time Series Forecast (TSF) may be used as a confidence builder. Parameters are a cross of the 3 dTSF over the 5 dTSF (using closes)

The TSF xover, the MFI xover and the 8 dEMA 8 dSMA xovers often lead the other signals by 2 to 4 days. As long as they are in place as the other conditions occur, confidence is high.

min. avg. vol. 50K.
vol. greater than prev. day
close in top half of range
price above 50 dMA
no gaps down greater than 10% in prev. 15 trading days.

Doug R
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext