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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude

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To: Doug R who wrote (24669)12/27/1998 5:46:00 PM
From: milesofstyles  Read Replies (2) of 79270
 
doug,

i was wondering if all of the 89.3.5 studies you have been doing had been inspired by the powertool. :) hopefully omer will hook me up with the work he has done so far and i can build it right into the toolscan. if not i have previously built in the 89.3.5 in the criteria. i could easily do a visual test for the dip to hold above 20 for (additional strength) tools, in the meantime, i will be checking past tools for this strength for a correlation of tool failure vs success. after completing a portion of my studies over the past few weeks, i am considering an earlier signal on the tool, i think i can add more reward and maintain a limit on the risk side of it thru proper mgmt and i will be verifying this at the same time. if it turns out the way i think it will, i'll give up a second component.

milesov
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