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Strategies & Market Trends : Lizard King's Trading Swamp -- Ignore unavailable to you. Want to Upgrade?

To: Syd Deem who wrote (6126)	4/19/1998 7:44:00 PM
From: TATRADER	Read Replies (2) \| Respond to of 7396

Syd, hard to admit defeat, but it must be done...We have to swallow our pride, and cut losses before they become major losses... Ok...I have some new indicators, Connor's variety, that I need someone on this thread to write for WOW5 professional.... Here are the guidelines..Call it the GIPSON 1) +D1 greater than -D1 2) ADX reading of 25 or higher 3) Using Wilder's Historical Volatility Where the six day historical volatility is less than 40 percent of the 100 day volatility reading.... We buy when the stock resumes its move in the direction of the upward trend... This indicator catches a stock when its ADX is resting, and about to make its next upmove...Usually a strongly trending stock will only sit less than 40% of the 100 day volatility for a day or two...So the alert needs to be given at this point, then we put it on our watch list and prepare to pull trigger on resumption of the trend... Regards, Mark