Hey Jerry,
The net is terribly slow tonight. Anyway I just got back from "TA row". I first went to your site, from which I jumped over to Daves' site, then to Richards', Andys', Sams', then back to yours. I probably left someone out but it was unintentional. I've been browsing through them for about two hours. I think I understand the trending lines a little better. Thanks.
Heres my 2nd indicator: Its' not really an indicator as much as a special alert signal. I'm trying to add an OR statement so that it will give alerts on standard StochRSI(14) buys also, but I'm not done with it yet.
AlertMarker((
(fml("StochRSI(14)") >= mov(fml("StochRSI(14)"),40,e) AND
(ref(fml("StochRSI(14)"),-1) < ref(mov(fml("StochRSI(14)"),40,e),-1))
)) , Below)
It gives buy signals when the StochRSI(14) goes above its 40day MA. It seems the StochRSI(14) should give buy signals on downward to upward reversals and this formula does that. Its kinda slow with the sell signal but works pretty good if you have a stock with volatile StochRSI(14). It caught the beginning of the big rise for PEV whereas the standard StochRSI(14) did not. DNS also caught it but a little later.
Talk to ya later:
DRC |
