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


To: ivan solotaroff who wrote (9936)1/2/1998 1:36:00 PM
From: Esteban  Read Replies (1) | Respond to of 79202
 
Ivan,

Good work, I think you might be on to something here.

To me it seems that you are approaching this from two angles.
1. As a new stand alone signal generator.
2. As a filter for signals generated by Doug's system.

As far as #2 goes, did you feel that the MEEP helped filter what turned out to be bad signals? What would you consider to be a confirming MEEP trendline position in relation to a new low/high volume signal day?

#1 is very interesting, and I think this could be played both ways, switching from short to long on downtrend or uptrend breaks. So far I've only looked at BMC from this perspective, and the results look very promising. I'd be much more comfotable with a confirming signal of some kind, perhaps volume, or maybe horizontal resistance levels, or ???.

Esteban