SI
SI
discoversearch

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 : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?


To: Dave H who wrote (30606)6/30/1999 9:31:00 AM
From: Magnatizer  Read Replies (1) | Respond to of 79230
 
Dave

Mangets are a homebrew TA. I have tried to explain how to create them in the past on this thread and it seemed to cause more confusion than anything else. Since improperly applied TA is about as dangerous as anything in the market I decided to not continue the explanations.

As far as what they are: they are horizontal tlines. Relevance varies from one to the next depending on the time frame and indicator set up upon a magnets birth.

Mag tlines are normally sloping (sometimes flat) and they also vary in degrees of relevance. I try to point out which ones I feel carry the most weight when I make a post regarding the mags.

Recent examples of magnets:

geocities.com

geocities.com

geocities.com

geocities.com

geocities.com

ht
david



To: Dave H who wrote (30606)6/30/1999 9:42:00 AM
From: bdog  Respond to of 79230
 
DH,

1, mags are the David J creation of S and R points and trendlines
that are uncanny in how well they work, maybe DJ can give a quikie on them [edit, I see he has...>g<]

2 and 3 I will try to posts some stuff on the PLEX and Force later tonight

do you have MetaStock?

try standard MACD 12,26,9 (Doug uses this quite often) for diverge although the 13,34,89 is showing it too

4,3,2 heading towards 20 off bottom bounce?

off to workage, y'all have a great day
bdog



To: Dave H who wrote (30606)7/1/1999 10:01:00 AM
From: bdog  Read Replies (1) | Respond to of 79230
 
Hi Dave. some stuff for ya... [EDIT i see some of the old searches don'twork anymore... I'll see if I can find them]

Force index... from Elder

mp1:=Input("EMA Periods",1,377,13);

Mov(VOLUME*(CLOSE-Ref(CLOSE,-1)),mp1,E)

Doctor Voo uses a SMI multiplex scatter that looks like so:
Message 7864418

I was getting blurry eyed so I did this:
techstocks.com

then Craig DeHaan adds TSF:
techstocks.com.

the OEM plex ends up being this:

SMI Multiplex Raw data...

(StochMomentum(2,1,2)+StochMomentum(3,2,1)+StochMomentum(4,2,3)
+StochMomentum(5,3,5)+StochMomentum(8,21,13)+StochMomentum(13,25,2))

SMI Multiplex 13EMA...use as dotted line for signal

ms:=(StochMomentum(2,1,2)+StochMomentum(3,2,1)+StochMomentum(4,2,3)
+StochMomentum(5,3,5)+StochMomentum(8,21,13)+StochMomentum(13,25,2));
mp1:=Input("SMI EMA",1,377,13);
Mov(ms,mp1,E)

I then put up 2 TSFMA of the plex with one shifted a variety of days for an entry/exit plan... I mostly now use it for an exit, I usually optimize but try 8 and 8,-5 shift and 13, 13,-8 shift for starters.

Craig does extensive backtest work:
Message 8359651

somewhat of a summary:
techstocks.com.

Craig has really brought this to life with some great backtesting work but it is still a work in progress and it has had some wicked returns in the recent past and has been a bit dead recently...

bperplexedog