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Strategies & Market Trends : Technical Analysis - Beginners

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To: TA2K who wrote (10175)	4/30/1999 8:22:00 PM
From: mikeman	Read Replies (1) of 12039

The first time I heard of StochRSI was in an early post from David Evans who used StochRSI(14) for entering and exiting trades as part of his famous DNS(Dave's New system). He set up a template in MSWIN that included Dahl, MACD(8-17-9),Insync, DNS, StochRSI(14) and StochRSI(8,5) indicators. He used Dahl, Insync and DNS for Direction. He wanted all 3 to be moving up and Insync crossing up thru 50. StochRSI(14) s/b crossing up thru 30, StochRSI(8,5) has crossed up thru 20 and may even have crossed up thru 80, and MACD(8-17-9) s/b be crossing up thru 0. I've played around with this a little and find that both MACD(8-17-9) and StochRSI(14) are pretty accurate in terms of indicating entries/exits. There are posts with the formulas for Dahl, DNS, and Insync on this thread if you're interested.

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