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

To: Richard Estes who wrote (10475)	6/3/1999 7:40:00 AM
From: Christopher	Read Replies (2) \| Respond to of 12039

Richard, Andy mentioned MACD and the main trend and what I was looking for is the "weekly" MACD. I understand what you are saying about the problem with eyeballing but in this case it is not really that difficult. I understand now why you like VHF better then ADX, it looks more like an Oscillator and you don't use Oscillators. May be that is why you like it! Christopher

To: Richard Estes who wrote (10475)	6/3/1999 8:13:00 AM
From: gonzongo	Respond to of 12039

April 99 review of Fibonacci trader software in TASC: "Many professional traders stress the importance of trading with the trend and recommend that if you trade -- for example -- the daily bars, you trade in the direction of the trend as determined from the weekly bars. When both time frames exhibit the same trend, and your trade is in the direction of the trend, probability for profit tends to be greater. If you are a trader using this philosophy, Fibonacci Trader provides you with the ability to monitor both time frames at the same time on the same chart. By comparing the shorter time frame with that of the longer one using various indicators, changes can often be detected first in the shorter period before becoming noticeable in the longer."