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Gold/Mining/Energy : Position Trading in Canada -- Ignore unavailable to you. Want to Upgrade?


To: Ward Nicholson who wrote (605)1/25/1999 1:41:00 AM
From: keith massey  Read Replies (1) | Respond to of 2259
 
Ward:

Don't hammer TA too fast. One of the best indicators in my opinion, StochRSI(14), showed a dropped through 70 on Jan 11 on LDM (a sell signal). This indicator often has super human abilities and has called the top on LDM right 6 out 7 times in the past 16 months.

For you programming junkies out there here is the formulae in Metastock language.

Mov((RSI(14)- LLV(RSI(14),14)) /(HHV(RSI(14),14)-(LLV(RSI(14),14))),14,E)*100

Best Regards
KEITH

P.S My apologies for arguing on your site