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To: Richard Estes who wrote (7840)11/17/1998 9:15:00 AM
From: Webb B Blackman Jr  Respond to of 11149
 
you go long if SAR is below price

Richard,
I will check tonight to make sure that I am using the right SAR approach. In the scan that I have for QP2, what is reported is a price and the word "sell". To me, that would assume that you owned the stock and that the SAR was below the price. Showing you the price that you should sell the stock.

What I am doing right now is to use the SAR in GET after getting the selections from the StochRSI/MACD scan. If the major pivot is the one marked with a "P", that is the one that I have been using. I will make the changes to the standard deviations tonight.

Thank you for the information.

--- webb ---



To: Richard Estes who wrote (7840)11/17/1998 5:58:00 PM
From: Webb B Blackman Jr  Read Replies (1) | Respond to of 11149
 
use 2.63 and -1.63 for SD with H/L flip.

Richard,
I will check in a few minutes, but by any chance are those numbers associated with Fibonacci? I do not exactly understand the H/L flip. In a up trend, do you want to 2.63 to be the high channel. That would seem to mean that on a downward trend, you would buy a stock quicker since the breakout would be easier to take place.

Or do I have it backwards?

--- webb ---


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