|
PureBytes Links
Trading Reference Links
|
michael arnoldi wrote:
"a pretty good top & bottom picker discoverd:
plot the usual a/d line (advancing minus declining issues, cumulated)
now drop on this line rsi(25) and you can observe divergences of the a/d
line which shows up a day or so ahead of the price changes.
any comments ?"
............................................................................
...
Mike:
I tried your suggestion--I had never tried an indicator on this line. The
25 RSI of the cumulative A/D Line looks like it could be an early warning
system of things to come. It seems much more revealing than the cum A/D
Line itself.
Attached are two gifs. On the mike.gif I did not mark any bottom
divergences. Mike, thanks for sharing this.
Pete
Attachment Converted: "c:\eudora\attach\mike1.gif"
Attachment Converted: "c:\eudora\attach\mike.gif"
|