Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Technical Analysis for Macintosh Users -- Ignore unavailable to you. Want to Upgrade?

To: iGregor who wrote (620)	7/25/1999 1:38:00 AM
From: PuddleGlum	Read Replies (1) \| Respond to of 1541

East- What is "Pseudo Securities Analysis"? A couple of months ago I posted the formula for one of my custom indicators. Several weeks back I examined Williams' %R and found that I had re-invented it to the letter. Well, at least I felt smart for a little while... But I also use the same formula to apply to OBV, so we effectively have a Williams %R on OBV as follows: RangePeriod:42 OBVPeriod:1 (OBV(OBVPeriod) - lowest(OBV(OBVPeriod),RangePeriod))/(highest(OBV(OBVPeriod),RangePeriod) - lowest(OBV(OBVPeriod),RangePeriod)) I've made good use of this indicator, especially when I overlay a Stoch(7,3,3) on it. Then I identify divergence between the two, and I've been doing pretty well with this indicator (when combined with Point & Figure). pg