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


To: Michael Watkins who wrote (9692)3/3/1999 2:58:00 PM
From: David R. Evans  Respond to of 12039
 
Hello Michael,

Yes, I use a system a lot like yours.... I look for the cross of StochRSI(14) UP THROUGH 30 to put the stock on my look at list. I then look at MACD(8-17-9), DNS, Dahl, InSync, Parabolic SAR, Regression Channels, StochRSI(8-5), MACD(13-26-9) and MACD(13-34-89).... I know it sounds like a lot but it takes me less then 5 Min. to look at a handful of stocks each night...

I like to mix shorter term and longer term indicators together to get a better idea of direction. In the example above, I want MACD(8-17-9), Parabolic SAR, and StochRSI(14) to be long. I want StochRSI(8-5) to already be long and still moving up and the rest of the Indicators (longer term) to be moving up.....

I mostly use MSWIN and Advanced GET to look over the charts with TC2000 as my data feed. I also have WOW but find MSWIN to be a better charting package. During the day I use QCharts and GET Real Time to trade inter-day....

I have also found that it is VERY HARD to mix inter-day and daily so I do not do it.... I trade short term using inter-day and I trade longer term (options) using EOD.... I am still working on connecting the two and when I find something I'll let you all know..

Dave Evans



To: Michael Watkins who wrote (9692)3/3/1999 4:56:00 PM
From: big run  Read Replies (1) | Respond to of 12039
 
Michael....I've been playing around alot with the StochRSI lately. It does produce alot of whipsaws. So in trying to filter out some of the potential losing trades I've put a line on the high for the day that crosses the 30% line. A close above that would be the buy. I've noticed alot of stocks that start to trend down won't have a follow through day.

Similarly for the sell I've noticed that it exits early alot for my tastes. But by putting a line on the low of the day that the SRSI crosses below 70% and selling on the next close below that line will often keep you in if it continues up. It'll keep you in for the rallys instead of selling on the little dips.

I haven't coded this at all for a systems test but to the eye it looks pretty nice. If you like SRSI and are short to intermediate term (I can't hold anything for more than 3 months and usually alot less), take a look at it.