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Strategies & Market Trends : TA- Scans and System Tests

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To: Richard Estes who wrote ()2/23/1997 5:43:00 PM
From: GARY HUIZENGA   of 989
 
Hello Richard,
Thanks for getting back to me so quickly. To make this short I am only
6 months into TA, but have an older gentleman that has helped me
tremendously. He has been in this business for over 30 years. But all
the new tech analysis is new even to him. I have been working on
several indicator ideas over the last 3 months. This is the one I would
like you to look at.

First I use a Williams %R and put a 100 day period to it. By the way I
use MetaStock to do this. I also use Tc2000 and Supercharts. When the
indicator comes up from below the 20 thru the 20 and the price is above
the 16 Day Moving average of Price it seems to be a great buy signal.
I know this is not very complicated but I have been trying to eliminate
the complicated and staying with the simple concept. Please try it out
and let me know what you think.

PS The reason I didn't want everyone to see this at this time is because
I didn't want anyone to lose money until I was sure this was a good
indicator.
Thanks Again
Gary Huizenga
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