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

To: TechTrader42 who wrote (1831)	4/1/1998 7:12:00 PM
From: Jan Robert Wolansky	Read Replies (1) \| Respond to of 4056

Brooke, what kind of moving average are you using with Dahl?

To: TechTrader42 who wrote (1831)	4/2/1998 2:21:00 PM
From: David R. Evans	Read Replies (1) \| Respond to of 4056

Hello Brooke, Looks good..... Take out Fml("Dahl's primary trend")>0 and see what you get. When I use Parabolic SAR, I use it in GET where I optimize it. The results can and will be different then a standard SAR. Exits are as follows: Shorter term: MACD(8,17,9) cross down through 0 or StochRSI (14) cross down through 70 or OPTIMIZED Parabolic SAR below price. These three will tell me to sell first. If I like the stock and the chart still looks good I will pass on the first sell and wait it out a little longer. If and when the second sell comes I need to determine if I want to stay with this stock longer term or jump ship now. I MUST make this decision at this point so I KNOW what to do BEFORE the third sell signal comes. In most cases, once the second sell comes I will get out IF my decision was not to stay with the stock longer term. Another factor in this decision is if and when the longer-term indicators turned long. That's why it is important to use the longer term indicators (MACD(13,34,89), DNS, and Dahl for DIRECTION ONLY They DO NOT have to be long at the time of the buy... If the longer-term indicators have turned long AFTER the buy then I MIGHT use them for my exits. If they were already long when I entered the trade I would have second thoughts about using them. WHY? Take a look at a chart and put a winning trade of Dahl on it. Now take a real close look at what you see. The Dahl line is like a Mountain. One side is going up and the other side is going down. Dahl is a fantastic indicator and one of the few that I would consider using on it's own BUT, you have to remember that it has two sides, one is up and the other is down. If you get into a trade in the middle of a Dahl signal, you have no way of knowing what side you are on... Does this make sense??? Dave Evans