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Re: Support & Resistance?



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Nicolas,

I like that: Trade what you see. The mistake I often make is that I trade
what I think.
Rgds,
Frans

At 10:21 AM 11/28/2001 +0100, you wrote:
>Hello Frans,
>I tried it for a day extensively over many securities, and didn`t like the
>concept at all.
>The detected patterns were more or less profitable, but they were very few
>and small.
>When watching a several years of daily data, with heads-and-shoulders,
>triangles,...
>the CPR only mentioned a small area, but missed the big moves.
>So I cut my losses short , and returned it ;)
>The theme remains interesting, but to me, the eye beats the machine right
>now.
>best wishes
>Nicholas
>
>----- Original Message -----
>From: "Frans Derksen" <fjderksen@xxxxxxxxx>
>To: <metastock@xxxxxxxxxxxxx>
>Sent: Tuesday, November 27, 2001 10:57 PM
>Subject: Re: Support & Resistance?
>
>
>>
>> Hello Nicholas,
>>
>> Why did you return it that fast ? after 1 day ?
>> They should let you have a longer try-out period.....
>>
>> Rgds
>> Frans
>>
>> At 03:31 PM 11/27/2001 +0100, you wrote:
>> >Frans, that looks good!
>> >Also any owner, of "John Murphy`s CPR" could help, as I remember, that
>this
>> >plugin uses support and resistance.
>> >I was an owner for a day, but returned it to equis...
>> >Nicholas Bodeux
>> >
>> >----- Original Message -----
>> >From: "Frans Derksen" <fjderksen@xxxxxxxxx>
>> >To: <metastock@xxxxxxxxxxxxx>
>> >Sent: Tuesday, November 27, 2001 7:46 AM
>> >Subject: RE: Support & Resistance?
>> >
>> >
>> >>
>> >> Gerald,John,Lionel et all.
>> >>
>> >> See attachement.
>> >>  Blue= support
>> >>  White is= resistance
>> >>
>> >> This is for the S1 and R1 formula's.
>> >>
>> >> I use MS EOD 7.02 and just copied and pasted the formula's from the
>> >> Equis-site.
>> >>
>> >> I don't know how to put these into the Explorer but there must be a
>(easy)
>> >> way........
>> >>
>> >> Regards,
>> >> Frans
>> >>
>> >> At 10:09 AM 11/25/2001 -0600, you wrote:
>> >> >Frans -
>> >> >Thanks for the help.
>> >> >Am I to assume that I would make an indicator for each: S1, S2,
>> >> >...WSO,...R1...etc and then reference those in explorer in a filter
>(as
>> >in
>> >> >the Enter Long)?
>> >> >
>> >> >
>> >> >-----Original Message-----
>> >> >From: owner-metastock@xxxxxxxxxxxxx
>> >> >[mailto:owner-metastock@xxxxxxxxxxxxx]On Behalf Of Frans Derksen
>> >> >Sent: Saturday, November 24, 2001 2:49 PM
>> >> >To: metastock@xxxxxxxxxxxxx
>> >> >Subject: Re: Support & Resistance?
>> >> >
>> >> >
>> >> >
>> >> >Gerald et all,
>> >> >
>> >> >My suggestion:
>> >> >
>> >> >Go here: http://www.equis.com/customer/support/formulas/cf00090.html
>> >> >
>> >> >Put those in the explorer and off you go.
>> >> >
>> >> >Enjoy your weekend.
>> >> >Frans
>> >> >
>> >> >At 04:42 PM 11/23/2001 -0600, you wrote:
>> >> >>Gerald:
>> >> >>You have a valid point. You have to decide how far back you want to
>> >look.
>> >> >>Lionel Issen
>> >> >>lissen@xxxxxxxxxxxxxx
>> >> >>----- Original Message -----
>> >> >>From: "Gerald Novak" <gnovak@xxxxxxxxx>
>> >> >>To: <metastock@xxxxxxxxxxxxx>
>> >> >>Sent: Friday, November 23, 2001 2:46 PM
>> >> >>Subject: RE: Support & Resistance?
>> >> >>
>> >> >>
>> >> >>> Price Channel is OK, but it doesn't have any "smarts" behind it.
>You
>> >> >can't
>> >> >>> really use LowestSince because you don't know how far back to go to
>> >get
>> >> >>the
>> >> >>> lowest, or, in the case of upper, the peaks...
>> >> >>>
>> >> >>>
>> >> >>> -----Original Message-----
>> >> >>> From: owner-metastock@xxxxxxxxxxxxx
>> >> >>> [mailto:owner-metastock@xxxxxxxxxxxxx]On Behalf Of Lionel Issen
>> >> >>> Sent: Friday, November 23, 2001 1:10 PM
>> >> >>> To: metastock@xxxxxxxxxxxxx
>> >> >>> Subject: Re: Support & Resistance?
>> >> >>>
>> >> >>>
>> >> >>> Metastock has a price channel indicator. This might be of help
>> >> >>> Lionel Issen
>> >> >>> lissen@xxxxxxxxxxxxxx
>> >> >>> ----- Original Message -----
>> >> >>> From: "Gerald Novak" <gnovak@xxxxxxxxx>
>> >> >>> To: "list Group Metastock (E-mail)" <metastock@xxxxxxxxxxxxx>
>> >> >>> Sent: Friday, November 23, 2001 11:24 AM
>> >> >>> Subject: Support & Resistance?
>> >> >>>
>> >> >>>
>> >> >>> > Does anyone use Metastock Explorations to determine
>> >Support/Resistance?
>> >> >>> > I know that I can visually determine a line over the past X
>months,
>> >but
>> >> >>> I'm
>> >> >>> > wondering if there is an approximate formula that can be applied
>to
>> >an
>> >> >>> > exploration to determine those stocks hitting up against support
>or
>> >> >>those
>> >> >>> > stocks hitting up against resistance.
>> >> >>> >
>> >> >>> > Jerry
>> >> >>> >
>> >> >>>
>> >> >>
>> >> >>
>> >> >
>> >> >
>> >
>> >
>>
>
>