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Hi CC Chen,
you wrote: use Whycoff method to calculate the
target price.
Can you please describe this method or have you the afl.
Tom Supera
----- Original Message -----
From: <bbj@xxxx>
To: <amibroker@xxxxxxxxxxxxxxx>
Sent: Tuesday, October 30, 2001 8:29 AM
Subject: [amibroker] Re: Trading & Trending RSI
> Hi Dimitris Tsokakis,
> During the change of the phase, the bull and the bear should fight
> hard to combat each other. When in bull market I would rather exit
> long when white line falls below red line. I also use p&f chart for
> confirmation. In fact, you may use this code to screen the possible "
> turning point" of p&f chart. Then use Whycoff method to calculate the
> target price.
> Thank you for your comment.
> CC Chen
> --- In amibroker@xxxx, "Dimitris Tsokakis" <TSOKAKIS@xxxx> wrote:
> > Hi CC Chen,
> > Your interpretation is in att. gif as an example.
> > You must risk between Bull Alert and Bull Confirm, else
> > the confirmation comes with the end of the uptrend.
> > Perhaps you should be a bit faster, looking for some
> > anticipating signal as alert. Then the existing alert will
> > be confirmation and catch the half of the trend.
> > Things are better during the downtrend, as long as Markets
> > keep their bearish long term character.
> > Thank you for your code.
> > Dimitris Tsokakis
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