To: SE who wrote (15738 ) 10/23/1998 8:46:00 AM From: Patrick Slevin Read Replies (1) | Respond to of 17305
No, I'm saving that stuff for the Neural Net which will hit front burner once I get the new computer. The A/D stuff I get in a form from Larry McMillan. He has used a variant of that for years. He explained it to me once and I have it written down....somewhere.... But he does not go long or short based on Negative or positive. As a matter of fact he does the reverse. If the oscillator dives below negative 180 he waits. Once it gets inside -180 he buys. The reverse is true for positive 180. So he anticipates the signal. Extreme TICK is a faulty indicator, to my way of thinking. I saw it burn a few on TSO last summer.....or at least it would have burned them if they traded it. I don't recall if any did. TRIN I never had much luck with. I tried to trade off it in NY many years ago. Left a bad memory. I do intend to incorporate all these in the Net in one form or another for test, just to see how they work out. McOsc is hard for me to read. One person reads one thing, the next another. I would be looking at a CNBC commentary where a guy would say McOsc is telling us this and then read an Inger commentary where he would deride the CNBC guy saying the oscillator is not interpreted like that. The only guy who can clear that up for me is McClellan, I guess. Your TICK method, although interesting, is designed for intraday trading, isn't it? I'm trying to develop something positional. Anyway, I never thought any of this would be easy. I think what I really need is a break from trading for a few days. All the travel has me a bit knocked out, I can't seem to focus well. I'm sure finally having a full weekend at home will bring me back Monday in better spirits.