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Strategies & Market Trends : Stochastics -- Ignore unavailable to you. Want to Upgrade?

To: Wayners who wrote (338)	3/12/1998 5:08:00 PM
From: Wayners	Respond to of 927

Doing the daily analysis is too much work, however I have an idea. Everybody should now have a good idea how the thought process works. I've basically written a trading system in WoW that gives me quick buy and sell signals basically the same as I'd get manually with a bit of thought because I have to judge the trend, volatility and whether the amount of price movement already was too high. The system would be better in an intraday charting environment to get in on plays intraday. Anybody have WoW Day Trader? That's right in line with the poster's comments on DI+ and DI-. If a large price has already occurred, go onto another play. Here's the system below if anyone wants to put in WoW. Those are the only two additional rules. Only trade with the trend. Sell signals can be short signals as well as long as long as its with the trend. Avoid trades where there has already been a significant price move. In candlestick terms, don't trade if the signal was generated on a long candle day. Anyways, what I'd like to do is only post the signals--either buy or sell that I get on OUR LIST OF STOCKS. If anyone wants a specific write-up or analysis just send me a request and I'll do it. I've found that when I don't actually use the trading system, that I find myself not fully following my rules and that can be costly. Nuff said, here's the system: ENTER LONG ((stoch(peri,3) > (mov(stoch(peri,3),peri2,s)+(mov(stoch(peri,3),peri2,s)-std(stoch(peri,3),peri2,devi)))/2) and (ref(stoch(peri,3), -1) < ref((mov(stoch(peri,3),peri2,s)+(mov(stoch(peri,3),peri2,s)-std(stoch(peri,3),peri2,devi)))/2, -1))) or stoch(peri,3) >mov(stoch(peri,3),peri2,s) and ref(stoch(peri,3), -1) < ref(mov(stoch(peri,3),peri2,s), -1) peri is 5 and peri2 is 12 by my defaults. You can use something else if you are dealing with a longer or shorter timeframe/cycle than me.