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The only surefirething you'll get for your money is that you'll be releived
of it!
There are various ways of calculating S/R levels none of which are
particularly good by themselves, but very potent when there is a confluence
of several, such as floor pivots (H+L+C)/3 which provide the various S/R
levels, Prior day's H/L/C, and Volume @ price etc.
When these converge at a particular level, gorming clusters, they are
meaningful.
Also stochastic and MACD divergences provide good signals ... and when S/R
is combined with divergence, then a good trading systems begins to emerge.
Ara
----- Original Message -----
From: "rmortonmd" <mortonr003@xxxxxxxxxxxxx>
To: <amibroker@xxxxxxxxxxxxxxx>
Sent: Wednesday, December 10, 2003 9:09 PM
Subject: [amibroker] Caramilla Equation
> I have been looking at the Surefirething.com web site and their
> comments/hype for the Caramilla Equation, I found it interesting
> that you had to spend $99 for a 1 week trial then $179 a month for
> this "equation". I'm wondering if anyone on this board has any
> experience with this or has tried to code something similar to it in
> amibroker. As best I can tell, you look at the OHLC for the current
> day and from that you are able to predict the support and resistance
> levels for the next day. Any comments?
>
> ron
>
>
>
> Send BUG REPORTS to bugs@xxxxxxxxxxxxx
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>
>
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