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

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To: Warthog who wrote (28017)4/3/1999 8:15:00 PM
From: Blake Turner  Read Replies (1) of 79230
 
Wart,

RSI+ Volume in MetaStock

100-(100/(1+(Mov(If(ROC(C,1,$),>,0,ROC(C,1,$)*V,0),14,S)/Mov(If(ROC(C,1,$),<,0,-ROC(C,1,$)*V,0),14,S))))

This indicator works best when looking at stocks that are bottoming. Look for a divergance between the price(going Lower) and the indicator going higher. Might work well with the dead cat bounces.

I have been really busy lately. Getting back up to speed this weekend
with the TA. The stuff I have been working on relates to stocks making new highs and how they respond in the days that follow. Continuation trade stuff. Also have picked up on a pretty cool trick that stochRSI does....It's a spin off of Doug's 3dRSI trick. I will keep you guy's posted.

Blake
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