|
PureBytes Links
Trading Reference Links
|
|
This is simply a system that is sold under the name
"Reversal Magic" along with a couple of other techniques. I think when you
use it routinely you will find that it is best to combine it with other types of
studies, rather than use it in a "vacuum."
Bill
----- Original Message -----
Sent: Saturday, June 28, 2008 10:21
PM
Subject: [amibroker] Re: Predicting
future turning points.
Hi Dennis,
I think you missed the point of the CIT
indicators. This is strictly a
time based indicator it is not a S/R point.
It points to a specific
bar on which the trend should change
direction.
The point where the 'trend' lines cross is usually not very
close to
the price. It usually points to the exact bar where price changes
trend.
That is why I said "it must be tapping into some underlying
market
symmetry or cycle".
Look at the 3 examples drawn on the
current NDX daily chart pointing
exactly to 3 pivot high bars (black lines)
on the file I just posted
in the files section
(changeInTrend1.png).
Bill
------------------------------------
Please
note that this group is for discussion between users only.
To get
support from AmiBroker please send an e-mail directly to
SUPPORT {at}
amibroker.com
For NEW RELEASE ANNOUNCEMENTS and other news always check
DEVLOG:
http://www.amibroker.com/devlog/
For
other support material please check also:
http://www.amibroker.com/support.html
Yahoo!
Groups Links
<*> To visit your group on the web, go
to:
http://groups.yahoo.com/group/amibroker/
<*>
Your email settings:
Individual Email |
Traditional
<*> To change settings online go
to:
http://groups.yahoo.com/group/amibroker/join
(Yahoo! ID required)
<*> To change settings via
email:
mailto:amibroker-digest@xxxxxxxxxxxxxxx
mailto:amibroker-fullfeatured@xxxxxxxxxxxxxxx
<*>
To unsubscribe from this group, send an email to:
amibroker-unsubscribe@xxxxxxxxxxxxxxx
<*>
Your use of Yahoo! Groups is subject to:
http://docs.yahoo.com/info/terms/
No virus found in this incoming message.
Checked by AVG.
Version: 8.0.101 / Virus Database: 270.4.3/1524 - Release Date: 6/28/2008
7:42 PM
__._,_.___
Please note that this group is for discussion between users only.
To get support from AmiBroker please send an e-mail directly to
SUPPORT {at} amibroker.com
For NEW RELEASE ANNOUNCEMENTS and other news always check DEVLOG:
http://www.amibroker.com/devlog/
For other support material please check also:
http://www.amibroker.com/support.html
![]()
__,_._,___
|
|