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Then there is always the Shark 32 System that Walter Downs
popularized.
Here's the old, as in 2002, message about it:
http://finance.groups.yahoo.com/group/equismetastock/message/5060
During that time we discussed much more and I believe came up with
some other formulas for it. You will find a photo of it in the
photos section as well.
Preston
--- In equismetastock@xxxxxxxxxxxxxxx, "Lionel Issen" <lissen@xxx>
wrote:
>
> You can use an MACD for price reversal too. For example if the
peaks in the
> MACD are trending lower while the price is going higher then a
trend
> reversal is likely (vice versa for higher lows in the MACD).
>
>
>
> From: equismetastock@xxxxxxxxxxxxxxx
[mailto:equismetastock@xxxxxxxxxxxxxxx]
> On Behalf Of ais2020
> Sent: Sunday, June 24, 2007 6:57 PM
> To: equismetastock@xxxxxxxxxxxxxxx
> Subject: [EquisMetaStock Group] Re: TREND REVERSAL
>
>
>
> --- In HYPERLINK
> "mailto:equismetastock%
40yahoogroups.com"equismetastock@xxxxxxxxxxxxxxx,
> "garry" <garry_gc@> wrote:
> >
> >
> > Hi,
> > Any one have an idea about any trend reversal indicator.I have a
Tom
> > Demark's and Larry William's indicator for trend reversal and I
> want to
> > know other than this two legendary guys.
> > If u have an idea about any trader or indicator pl. tells me.
> >
> > Regards,
> >
> > Garry. [:)]
>
> Hi Garry
>
> u may try Aroon indicator. Also it is important to learn how to
spot
> divergance between RSI and price graph.
> Good Luck
>
>
>
>
>
> No virus found in this incoming message.
> Checked by AVG Free Edition.
> Version: 7.5.472 / Virus Database: 269.9.6/865 - Release Date:
6/24/2007
> 8:33 AM
>
>
> No virus found in this outgoing message.
> Checked by AVG Free Edition.
> Version: 7.5.472 / Virus Database: 269.9.6/865 - Release Date:
6/24/2007
> 8:33 AM
>
>
>
> [Non-text portions of this message have been removed]
>
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