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

To: David R. Evans who wrote (1886)	4/7/1998 6:19:00 PM
From: TechTrader42	Read Replies (1) \| Respond to of 4056

OK, I relent. Here's a revised version of a short scan for stocks meeting some of the conditions in your system: Fml("StochRSI(14)")>30 AND Ref(Fml("StochRSI(14)"),-1)<30 AND Fml("InSync Index")>40 AND Fml("Dahl's Primary Trend")>Ref(Fml("Dahl's Primary Trend"),-1) AND Fml("DNS")>=3 StochRSI(8,5) and some other indicators aren't in there, but this scan is intended only as a first step. I didn't want to make the scan too restrictive. In ColA, I put the close; ColB, C-Ref(C,-1); ColC, Fml("StochRSI(8,5)"); ColD, Fml("Dahl's Primary Trend"); and ColE, CCI(13). ColD stems from some lingering stubbornness: I can still check the value of Dahl to see whether it's over 0. ColE is heretical. CCI is not part of your system, but in scans last week, I noticed that some of the stocks that met the conditions in your system had CCI values well over 200. IR, for example, was over 300. That might give me pause. Brooke

To: David R. Evans who wrote (1886)	4/7/1998 9:15:00 PM
From: Paul Beattie	Read Replies (4) \| Respond to of 4056

Hi Dave, Thank you for sharing your system with us. It is valuable for me to have your explanations about what you see. Based on some of Richard's ideas, there is another indicator which I find speaks to me in combination with the set you've been using. I created an indicator "C/89TS(8)" defined as: (C/Ref(Mov(C,89,TIMESERIES),-8))-1 Horizontal line at 0 On many of the charts I've looked at, longer moves begin with C/89TS(8) moving up through 0 (or bouncing off 0) at the same time as StochRSI(14) is giving its signal. Thus, I see its function as a confirmation / filter. [Obviously, another approach is to use a 89TSMa(8 day shift) on the price chart and watch price move above the MA.] I'm interested in your comments. Thanks, Paul