Gents,
please guide me about the best 5 formulae to be used for swing
trading stocks.
---------------------
to begin I know
1)the
support-resistance formula from
//Support and resistance levels using
RSI.
//graham Kavanagh May
2003
-----------------------
just try to catch the stock at
best support levels
2)relative strength by brian
Simple Sector
Rotation Model
bmitchell@xxxxxxcom
3)modified
darvas box
this also gives good support and resistance
levels
---------------
//LISTING 1//
Periods = 100;
function
DarvasHigh( Periods )
{
HHVtemp = HHV( High, Periods );
result =
HHVTemp;
for( i = Periods + 4; i < BarCount; i++ )
etc
-----------------------------
4)n bar
reversal
------------------------------
//An n Bar Reversal
Program
//The theory says that this indicator gives reliable signals of
strong trends.
//Its disadvantage is that the signal can be a little
late, but is
offset by its reliability.
// An uptrend is assumed to be
in place if todays high is higher
than those
// of the previous n
days,and a downtrend is in place when todays
low is lower
//than those
of the previous n days. Otherwise the existing trend
persists.
//n is
commonly set at 3 but can be any value.
//The implementation here simply
shows arrows at trend
reversals.
--------------------------
BUT FOR SOME REASON THIS
THING I CANT USE
HELP ME TO USE IT BY
GUIDANCE
REGARDS
FORD