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Strategies & Market Trends : Metastock 6.0 for Window -- Ignore unavailable to you. Want to Upgrade?


To: TechTrader42 who wrote (1794)3/29/1998 3:54:00 PM
From: Paul Beattie  Read Replies (1) | Respond to of 4056
 
Brooke,

You're very kind. What Dave shared with us is valuable. I have looked at quite a few charts with the Expert attached to identify "buys". Dave will do a better job speaking for himself, but I think that he'd say there were more buys in there, because the allowance for synchronization between indicators needs to be a bit less exacting.

For instance, I saw everything lined up perfectly, except Dahl Trend hadn't pulled upward yet (I only needed a smidge) - so no signal.
Other situations, everthing was lined up, except SRSI(8,5) bounced up from just above 20 - so no signal.

A few signals at intermediate tops (with no serious confirmation from 5ema,13ema behaviour) that would have been better ignored.
Dave may be able to clarify.

(I am using exponential moving averages in SRSI. I looked at Richard's idea of Volume weighted moving averages for a while, too).

Cheers,
Paul



To: TechTrader42 who wrote (1794)3/30/1998 1:02:00 PM
From: David R. Evans  Respond to of 4056
 
Hello Brooke,

You're right!!!! Andy likes the weighted so I left it that way, in honor of him!!! I always use the Exponential mainly out of habit. I think the weighted will be quicker BUT I never tested it so I could be wrong..

In the long run, it's up to the person using it..

Dave Evans