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Strategies & Market Trends : Metastock 6.0 for Window

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To: TA2K who wrote (2722)1/30/1999 10:12:00 PM
From: Richard Estes  Read Replies (1) of 4056
 
I very rarely use Stoch. Never use W%R. You are setting your periods up too high, Why? What type of trader are you? I would assume You don't want justifcation for Buy/hold by going thru big corrections.

Have you system test each of the setting? Try some optimizations to get in ball park. I use a trigger line with all MACDs like:

Mov(C,13,E) - Mov(C,34,E)-Mov((Mov(C,13,E) - Mov(C,34,E)),89,E)

I don't have a solution for daily/weekly match, I do work up from daily to weekly so 13,34,89 becomes 3,7,18 on weekly. But I use the weekly for the "big picture" with eyeball type things like gann/fib/channels not indicators. It is much easier to just show the chart in both formats. In this volitile market daily is best, Be concerned about getting out rather than staying in.
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