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

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To: Blake Turner who wrote (28337)4/11/1999 1:27:00 PM
From: Doug R  Read Replies (2) of 79201
 
Blake,

Ok...I think I have one to throw in as an offshoot for now. I don't know how viable it is for coding but...
Run the comkey looking for a set of MAs all within 7% of each other any time over the previous week.
Try the 5 dSMA, 13 dSMA, 34 dSMA, 50 dSMA, 100 dEMA and 200 dEMA.
A juiced stock coming out of a tight MA formation should have good continuation probability.
Another variation might be to use the 5 thru 50 within 7% of each other with the price above the 50 and 7% or less below the 100 or 200.

Doug R
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