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Strategies & Market Trends : Candlestick Charting--The unknown indicator -- Ignore unavailable to you. Want to Upgrade?


To: MonsieurGonzo who wrote (1059)1/8/1998 11:47:00 PM
From: ftth  Respond to of 1589
 
Hi Steve, I like this one better for industry groups:
stocksmart.com
but it's not free (they have a free trial). Plus, lets just say I've had very bad experiences with Telescan.

So, Cool! You got MetaStock! Let's start exchanging custom indicators and experts and any other ideas or findings. That always works better when you exchange with someone that uses similar methods. So many indicators....so little time!

Hey, E&M is a great TA book and a great reference. I treat it more like "the encyclopedia of TA" since you generally have 30 minutes of reading to get to the concept you were looking for a refresher on. These Hill books are more like the "Cliff Notes" of TA, and more concentrated on 3-10 day patterns and their significance. It doesn't try to be the complete reference--it only covers the ones that have probability on their side, but goes into more practical detail on the non-textbook perfect variations you might see.

dh
P.S. If you're displaying candles in 2 colors in Metastock, watch carefully, it color codes them differently than you'd expect. Color changes based on close to close, not on the traditional "white-versus-black-open-to-close" candle interpretation. It's actually a useful added bit of information once you get used to it.