|
PureBytes Links
Trading Reference Links
|
{g'day
use this in combination and it will probably assist in the bottomline decision
with the sort order}
{Col A: }CLOSE
{Col B: }Fml("ob/os summation")
{Filter:} Fml("ob/os summation") > 450 OR Fml("ob/os summation") < -50
Filter enabled: Yes
Here is the "ob/os summation" formula:
RSI(25)+Stoch(25,3)+Mo(25)+CCI(25)
ji ;)mt.
Dan wrote:
> Nick,
>
> Here is how I approached the problem:
>
> As a filter.
>
> Ref(Stoch(5,12),0) > 75 (25 for oversold) {Today
>
> AND
> Ref(Stoch(5,12),-1) < 75 (25 for oversold){Yesterday
>
> It was Jake Bernstein who came up with the concept, at least according to him, in one of his books on daytrading .
>
> Dan
>
> L1L2L3L4L5@xxxxxxxxxx wrote:
>
> > On Mon, 05 November 2001, "Nick Channon" wrote:
> >
> > >>Can anyone please provide an expert to detect the Stochastics 'Pop' ? I think it was defined by Larry Williams - the idea is to go long just when the stochastics moves into overbought / go short just when the stochastics moves into oversold. Whilst it may sound illogical, it apparently has a reputation for bringing a small but reasonably reliable profit.
> >
> > Many thanks,
> > Nick ****************REPLY SEPARATOR************************ Nick,I just wanted to add that according to a tradestation system tests reports ,STOCHASTIC POP,used like Jake describes(the popular use of it) has worked well in currencies and eurodollars but not too great in other commodities. Anyhow just a little something I thought I'd add.........................Len.
> >
> > __________________________________________________________
> > Get your FREE personalized e-mail at http://www.canada.com
|