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Non-Tech : Spark"s Play Pen -- Ignore unavailable to you. Want to Upgrade?


To: Drex who wrote (5878)12/27/2006 10:26:02 PM
From: ~digs  Read Replies (1) | Respond to of 6175
 
I stopped using oscillators a few years ago. I've done the Williams %R, Stochastics, ROC.. the whole ball of wax .. they all lag the more genuine signals given by price and volume imo

On occasion I may seize upon a 12/26/9 MACD histogram crossover just becuz so many other technical traders seem to do so.
but, for the most part, I think oscillators are cause for confusion and ambiguity

I do however feel that ADX (absent the +/- DMI) has greater legitimacy, tho I suppose if you think about the math behind it, it's not really an oscillator

Having said all that, I like the look of your ETGMF, and have added it to a watchlist

Thanks.