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Strategies & Market Trends : Trading the SPOOs with Patrick Slevin! -- Ignore unavailable to you. Want to Upgrade?

To: Chip McVickar who wrote (5059)	6/7/2000 1:12:00 AM
From: Patrick Slevin	Respond to of 7434

Hard to say, because different software produces different results. He uses Vista by Ensign for his parabolic reads. I used to use Vista, but no longer. 0.02 is the standard read. There was a good article in TASC last year on how to modify it to the time frame that you are concerned with. I believe Hank likes it at 0.03 on 5 minute, but don't quote me. Sounds about right, but again different software produces slightly different results. Come to think of it, it's not exactly 0.03 that he uses. Vista has another changeable variable that he altered. It's not available to change on most software, so 0.03 is as close as you are going to get. If you can find the index for the 1999 TASC series it will direct you to the article. I have notes on it; if you cannot find the specific month that it appeared then I can dig it up.