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Strategies & Market Trends : Technical Analysis - Beginners -- Ignore unavailable to you. Want to Upgrade?

To: julianne carol grimes who wrote (8551)	9/7/1998 10:40:00 PM
From: Terry Mitchell	Respond to of 12039

JC, Dahl is a trend indicator based on a moving average. It takes the 50 day moving average and compares it to 15 days ago. The formula in WOW is: mov(c,50,s) - ref(mov(c,50,s),-15) Earlier this year I started out using longer term indicators like Dahl but have moved to more intermediate indicators like MACD 13-34-89. I have played around with shorter term indicators but have not done any trading with them. I am still very much a beginner at TA and have realized that for now the simpler and more mechanical the system I use the better. I ran into trouble last year when I tried to make things to fancy and complicated. Terry