Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Jan Robert Wolansky who wrote (1955)	4/16/1998 10:30:00 PM
From: TechTrader42	Respond to of 4056

A few days ago, ELNT provided a good example of a chart that had just about everything but rising Dahl. DNS was 8. InSynch was above 50 and rising. MACD(8,17,9) was above 0 and rising. StochRSI(14) was over 0 and rising. StochRSI(8,5), too. While Dahl was sloping down a couple of days ago, other longer-term indicators such as MACD(13,34,89) were reversing. OBV was up, too. Speaking of OBV, here's an interesting (aka illuminating) way to plot it so that you can easily see whether it's up or down. It takes three indicators, OBV Up, OBV Down and OBV Unchanged, and they're all plotted in one window. Plot each one as a histogram, and each in a different color: OBV Up (Green): If(OBV()>Ref(OBV(),-1),OBV(),0) OBV Down (Red): If(OBV()<Ref(OBV(),-1),OBV(),0) OBV Unchanged (Yellow): If(OBV()=Ref(OBV(),-1),OBV(),0) As for our pal ELNT, it's a bit overbought now, unforch. Brooke

To: Jan Robert Wolansky who wrote (1955)	4/17/1998 2:26:00 AM
From: Richard Estes	Read Replies (2) \| Respond to of 4056

I do not use the "VAR" MA. I have found it unreliable on periods above 16. I use: VariableMA511(C,50) - Ref(VariableMA511(C,50),-15) I do not pay attention to direction only to 0 cross. DAHL is not a trading indicator, it is an intermediate term trend indicator. Trades average about 120-180 days. Investors and newbies can use the 0 cross for entry/exit. It simply says the stock is at a price on an avg then it was 15 days ago. My simple rule is don't buy if under 0, or don't sell short if it is above 0. Don't worry about indices if they are above 0. It is not the "wonder" indicator but shows good testing over time. Dahl produced after extensive computer testing of all the averages and periods.