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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?


To: Doug R who wrote (30105)6/5/1999 7:37:00 PM
From: Warthog  Read Replies (1) | Respond to of 79273
 
dougR

Here is another scan that seems to give good results.
It is a weekly scan mainly based on the signal given by
a 3 period RSI crossing a moving average of that rsi.

details: WEEKLY
Cross(RSI(3),Mov(RSI(3),3,e))
mov(rsi(3),3,e)- ref(mov(rsi(3),3,e),-2) { a positive slope }
mov(stoch(13,8),8,s) moving upwards and between 30 and 80
rsi(13)>30
Volume> 400000 {weekly}
roc(mov(c,13,e),3,%)>0
rsi(13)>ref(rsi(13),-2) { a positive upward trend }
rsi(3)<90 {hopefully eliminates tops}

details: daily
a buy signal is generated when every the daily rsi(3) crosses the
moving average of the rsi. Or when one can feel confident that rsi(3) will continue
to be greater than the moving average.

For the following week:
AATT ARX BBA CD COG CRN DCO DIO EOG GADZ GBTVK GGC GNCMA HRC ICMI
IIR IRWN OMPT PKX PRTL RAIL RESC SKM SKYC TLK TMTV TOTL UEIC WAK
WES WGO WLM WTT XLTC

any suggestions for improvement would be appreciated.

thanks
wart