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 : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?

To: TA2K who wrote (21820)	10/3/1998 3:55:00 PM
From: Doug R	Respond to of 79304

Yikes!!!!!!!!!...Nicholas, I spent years on the parameter problem. Fibonacci works best IMO. Each parameter set has different uses and "keys" Tying parameter sets together is where I found the most usefulness. Stochastics I like best are 13, 8, 8.....89, 3, 5.....4, 3, 2.....233, 21, 34.....There's more but I don't want to take all day. RSI's I like best are 3.....13.....34.....233 CCI's I like best are the same as the RSI's Momentum would be 5.....8.....13.....21.....34.....55 I read tons of books and agree with your assessment. The best thing to do is find your own and get creative or..... I'm giving a seminar in San Antonio on use of parameters as related to chart patterns and formations on Oct. 31. I've given 5 of these seminars so far and have never heard that anyone attending was disappointed by the information offered. Many people have taken the info and gone on to develop some really amazing stuff in a surprisingly short amount of time. If you are serious about TA and would like further details on the seminar, send me an e-mail at tiric@aol.com. Doug R

To: TA2K who wrote (21820)	10/3/1998 3:58:00 PM
From: bdog	Respond to of 79304

Um Nicholas, the best number to use is 2. or 3, er 5 is good, so is 8, then there is the ol standby 13 or 21, and of course don't forget 34 and 55, 89 is a beaut and 144 well, must be thrown in too. ohh... then we come to 233, and trusty 377...>g< I can relate to your frustration. The above numbers are fibonacci. I use these in combination. Try looking at a stock and it's history and how it reacts to whatever number you have "plugged" in. You very well may come up with your own magic potion and then advise others to do the same.>g< The beginning TA thread has some excellent starting points, so does this thread but they are buried. Your time frame also has alot to do with the choice of periods... ie if you trade long term, one would not pay a great deal of attention to the 3day RSI, then maybe you would look at the 13,34,89 MACD. sorry, there is no easy answer, as in all things...it takes a LOT of WORK bdog