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Hello group,
Mr. Dimitris Tsokakis has done great job
introducing these new breadth indicators.
What is the most important is that they give
quite good and reliable signals
before important market moves. I would advise to
test his work on your local
markets and see for yourself.
Best regards,Tomasz Janeczko===============AmiBroker - the
comprehensive share manager.<A
href="">http://www.amibroker.com
<BLOCKQUOTE
>
----- Original Message -----
<DIV
>From:
DIMITRIS
TSOKAKIS
To: <A title=amibroker@xxxxxxxxxxxxx
href="">amibroker@xxxxxxxxxxxxxxx
Sent: Monday, July 02, 2001 1:55
PM
Subject: [amibroker] New Breath
Indicators, part 1
The creation of marvellous "composites" by Tomasz
Janeczko,gave to me the opportunity to materialize a new set of breath
indicators, examining the market as a whole.The first group* is
already placed in the AFL Library.There are two kinds of
indicators:A. OSI and OBIie oversold issues and overbought
issues.Smooth curves, complementary in use, based on RSI and
Stochastic,with minimized lag (sometimes lag is negative !) and, the most
important, steady curves whithout whipsaws (the permanent headache of
Technical Analysis).B. RSUP, RSDP and NDI, PDIie Relative
Slope Up Pivot Relative Slope Down Pivot
Negative Divergence Issues Positive Divergence
Issues.Curves with sudden spikes, complementary to OSI and OBI, giving
the final confirmation of a trend reversal or , sometimes, anticipating
it.Minimized lag or even negative lag is also a characteristic ofthis
kind.I hope that the introduction of these indicators will help
the Technical Analyst to investigate the stockmarkets deeply, extending
his comprehension.Advissues, decissues and uncissues will not stand
alone anymore.Dimitris
Tsokakis___________________________________________________*non-volume
breath indicatorsYour use of Yahoo! Groups is subject to
the Yahoo! Terms of
Service.
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