Ceedee, lurkers and others interested,
I was asked in a PM what I use. I run through everything in detail at my seminar and can't really show everything over the net that I do in person but here's most of the basics in my arsenal:
I can't say that there is one indicator or parameter set for any indicator that takes precedence over any other. What I have done is build a set of indicators across a range of parameter sets that work together. Each one compliments the other where strength in the longer term allows shorter term signals to have a higher probability of sharp price increases while short term strength helps build a solid foundation leading to longer term strength that in turn gives those same short term signals the capability to produce large price moves in a relatively short time.
Here's the rundown:
For stochastics I use:
2, 1, 2
3, 1, 2
4, 3, 2
7, 3, 10*
13, 8, 8
21, 13, 13
39, 3, 26*
55, 13, 21
89, 3, 5
144, 13, 8
233, 21, 34
377, 21, 89
* not part of the natural progression....very useful otherwise though.
For RSI and CCI I use the Fib stuff from 2 to 233 (2, 3, 5, 8, 13, 21, 34, 55, 89, 144, 233)
For MFI I use Fibs from 5 to 89.
For SMI I use
8, 21, 13
13, 25, 2
5, 3, 5
4, 2, 3
3, 2, 1
2, 1, 2
All plotted on the same pane.
I use the standard MACD
I use Moving Linear Regression. Starting from 89 day and working down the Fib ladder to 3.
There's also several crossovers of indicators I like such as
the 3 over the 5 dTSF
the 8 over the 34 dMFI
the 8 dEMA over the 8 dSMA
I use a Fib series of MA's from 3 to 34 sMA and 50, 100 and 200 eMA.
Also a MA frame with the 89 dSMA of the highs, the 34 dSMA of the lows and the 5 dEMA of the closes.
I track Bollinger bands across the Fibs from 3 to 89.
(together with RSIs of the same period, an oversold RSI with the price piercing below the lower Bollinger is often an excellent buy signal in itself)
I use OBV, accumulation/distribution and Positive/negative volume index.
Some of the newer stuff like the SMI multiplex and comkey are more situation specific.
The PGDCEB is very situation specific...As is the IL/ACT combo.
3 dRSI trick is situational.
I also use a very healthy dose of price trend analysis and a somewhat unique methodology for arriving at price targets and time frame.
For each piece of the "puzzle" there is a flow...or movement...or characteristic activity that falls into place as a series of triggers starts going off and begins a cascading effect up, down or outward from the middle of the technical chain.
There's some more stuff but this should keep you busy for a while I think.
Doug R
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