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


To: freelyhovering who wrote (7558)1/5/1998 9:11:00 AM
From: Jack Landis  Respond to of 12039
 
Myron....Add this thought.

Set up Wtd Stoc for today:
.43*stoc89.21+.26*stoc55.13+.16*stoc34.8+.10*stoc21.5+.05*stoc8.3

Set up Wtd Stoc for Yesterday:
.43*stoc89.21.2+ etc.

You can compare today to yesterday to check for up/down trends and subtract yesterday from today to check momentum.

Also you can split the 5 stochastics into a long term part and short term part.

Play around with variations to see what suits your trading style.Put more weight on the 89.21 and 55.13 for longer term looks or more weight on the 8.3 and 21.5 for shorter term looks (faster turns/more whipsaws).

Let me know what you find and what works for you. And come to TAOTL in Cleveland to learn more about Wtd Stocs and meet all the Guru's on this board!

Jack Landis