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

To: Richard Estes who wrote (3154)	9/19/1998 2:33:00 AM
From: Craig DeHaan	Respond to of 3325

Ok, Richard. This is one still a bit under construction -- called the ZMCS. the indicator formula is: (MFI(3)+((CCI(3)+100)/3)+Fml("StocRSI(5,3)"))/3 where StocRSI(5,3) uses exponential smoothing (sorry about that, Andy) It is strictly short-short term, meaning 1-3 day positions (well suited to the tenor of recent WS tunes). In MSWIN along with your trusty MACD series, Stoch(55,21) and StocRSI(13) plot this in a separate window along with Will%R(14), using opposite side scaling. The key is to look for a semi-horizontal "hitch" during downtrends to call reversals with Will%R rising from anywhere below -20 (remember, MSWIN uses a funky inverted negative scaling from -100 oversold to 0 overbought for Will%R) or pulling a lateral hitch from a downtrend itself (that's when it's most "powerful"-- especially if your confirmation indicators corroborate). Also note any slight angular trajectory changes in the ZMCS indicator when working against the other indicator primary trends, this strongly suggesting a price reversal. ZMCS min value often reaches fractional levels short of 0, sometimes only dips to ~20, but bounces are usually imminent at that point once confirmed with a Will%R upturn. Max value achieved is 88.889 on many stocks -- tho some only reach 82-86 before reversals. About 75% of the time a value of 88.889 calls THE last day of a 3-8 day cycle unless everything else is poised for continuation. Like a short stochastic, it can sustain +80 values for extended periods of strength, but that's not it's purpose. Trading system integration would have you use it as a sell signal on any value > 81. Mostly its a trading environs tool vs. trending. Any fine tuning suggestions and extrapolations gladly accepted. Craig

To: Richard Estes who wrote (3154)	9/19/1998 9:08:00 AM
From: Jurgen	Read Replies (1) \| Respond to of 3325

ok, here's a simple one, please don't laugh: DistanceFromMA(DFMA): SMA_Len:=50; (C/Mov(C,SMA_Len,S)-1)*100 DFMA calculates the %age difference between closing price and moving average. I use it as an additional os/ob indicator. Stocks always come back down, but how far can they get away from their average price? It's very stock-specific. For example, if Dell's DFMA reaches 30, it's close to a local top. For CSCO and MSFT, 20 works fine. Jurgen

To: Richard Estes who wrote (3154)	9/20/1998 6:25:00 PM
From: Paul Beattie	Respond to of 3325

NVI-MP is an indicator which focuses on unusual bahaviour of NVI and Price. Signal when NVI-MP rises above the signal line (Cutoff). I've noticed it at the beginning of long runs in some stocks. It happened Sept. 4 and 8th in ABX. It's not perfect - I'm still playing with it. Paul {NVI-MP} NV:=NVI(); M:=MP(); A:=NV/LLV(NV,3) + M/HHV(M,3) -2; Cutoff:=Min(.1,Ref(HHV( Abs(A),21),-8)); Cutoff; A

To: Richard Estes who wrote (3154)	11/6/1998 2:33:00 AM
From: Craig DeHaan	Read Replies (1) \| Respond to of 3325

Richard, Another month, another indicator; of the Neo-Convolution genre, yet unnamed. Some of the fmls might require further exposition for those unfamiliar with the historical archives, but traces actually exist in these threads for each and every one: Tema((If(Fml( "Landis" ) > Mov(Fml( "Landis" ),8,W),1,0)+ If(PDI(8)>MDI(8),1,0)+ If(LinRegSlope( Fml( "WADO" ) ,2) > Ref(LinRegSlope( Fml( "WADO" ) ,2),-1),1,0)+ If(Fml( "WADO" ) > Ref(Fml( "WADO" ),-1),1,0)+ If(OscP(5,39,W,%) > Ref(OscP(5,39,W,%),-1),1,0)+ If(OscP(5,39,W,%) > Mov(OscP(5,39,W,%),13,W),1,0)+ If(Fml( "StocRSI(13,8)" ) > 30,1,0)+ If(Fml( "StocRSI(8,5)" ) >30,1,0)+ If(LinRegSlope( Fml( "StocRSI(8,5)" ),3)>0,1,0)+ If(OscP(8,17,W,%)>0,1,0)+ If(Fml( "Insync Index" ) >50,1,0)+ If(Fml( "Dahl Trend" ) >0,1,0)+ If(LinRegSlope(Fml( "Dahl Trend" ),3)>0,1,0)+ If(SAR(.02,.2)<C,1,0)+ If(LinRegSlope(SAR(.02,.2),3)>0,1,0)+ If( OBV()> Mov(OBV(),40,S),1,0)+ If(Fml( "DNS" ) >=5,1,0))*8/16,21) The odd thing is, it produces a pretty nice sine wave ranging from 0 to 9 that plays well on the oscillators with more deliberation and stability than a straight StochRSI(14). Might be getting a bit radical for KISS purists tho. Craig