|
PureBytes Links
Trading Reference Links
|
From: Graham <<A
href="">gkavanag@xxxx>
Date:
Fri Feb 21, 2003 0:20pm<FONT
size=-1>Subject: <A
href="">RE:
Re: Trend Detectors 1
I have done in the past used the MACD of the weekly chart of any chart.
The cross of the signal line can give reasonable indication of a change
of trend. Of course nothing is perfect, but I consider that it is useful
enough. This is just from visual observations as I have never tested it
by back test.
Sorry I do not know what MSFT or INTC are.
Cheers,
Graham Graham,Graham,MSFT is the Microsoft Corporation (NasdaqNM:MSFT) and INTC is Intel Corporation (NasdaqNM:INTC) See http://biz.yahoo.com/p/m/msft.html and http://biz.yahoo.com/p/i/intc.htmlfor more info.As for the ^NDX weekly MACD, I did not like its last bullish signal on Aug 22.It skips the Aug-Oct downtrend.Of course, it is a matter of taste !!Thank you for your comments.Dimitris Tsokakis
Yahoo! Groups Sponsor
ADVERTISEMENT
Post AmiQuote-related messages ONLY to: amiquote@xxxxxxxxxxxxxxx
(Web page: http://groups.yahoo.com/group/amiquote/messages/)
Check group FAQ at: http://groups.yahoo.com/group/amibroker/files/groupfaq.html
Your use of Yahoo! Groups is subject to the Yahoo! Terms of Service.
Attachment:
weeklyMACD.gif
Attachment:
Description: "Description: GIF image"
|