SI
SI
discoversearch

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 : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Vitas who wrote (19910)6/6/1998 2:52:00 PM
From: Monty Lenard  Read Replies (1) | Respond to of 94695
 
Vitas, I am using Meta Stocks Indicator which is calculated as follows:

Cum( Mov(C,19,EXPONENTIAL) - Mov(C,39,EXPONENTIAL) )

This indicator is applied to a composite created by subtracting the Adv Issues from the Decl Issues. I am loading records dating back to 1979.

Does this sound right??? It sure does seem to give me NEAR PERFECT buy & sell signals based on history.

I am also using some moving averages OF THE INDICATOR looking for crosses which seems to give a better picture.

By the way, would you happen to have data for 10/27/97 thru 11/03/97 for the following: NYSE Advancing Issues NYSE Declining Issues NYSE Advancing Volume NYSE Declining Volume. I would like to check my data.

Thanks,
Monty



To: Vitas who wrote (19910)6/6/1998 3:10:00 PM
From: Monty Lenard  Read Replies (1) | Respond to of 94695
 
"Summation Index = 1000 - (9 * 10% Index) + (19 * 5% Index)"

Vita, Are you manually calculating this or does your charting software handle it for you.

I don't find your email address or I would send you a copy of the chart I am producing.
Monty