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I consider this as a centering indicator, one that sets the primary trend. I
don't do high caps or mutual funds and I find it useful. certainly there are
better indicators depending on ones' mindset, but I think system tests can
show it provides good returns, and might be the best to compare to other new
systems. If you beat Dahl, you aren't doing bad. if you don't, look some
more.
As for pre-PC, there is nothing new under the sun. Everyone should look at
the classics.
-----Original Message-----
From: Lionel Issen <lissen@xxxxxxxxxx>
To: Richard Estes <restes@xxxxxxxxx>; michael.arnoldi@xxxxxxxx
<michael.arnoldi@xxxxxxxx>; metastock-list@xxxxxxxxx
<metastock-list@xxxxxxxxx>
Date: Saturday, January 03, 1998 1:37 PM
Subject: Re: DAHL indicator
>Please note that this is a rate of change of a moving average. It was
>developed in the '40s or '50s, long before the days of the pc. You can get
>similar signals using an macd or price oscillator. Exepriment with the mov
>time period and the roc of the mov. A mov of 50 may be more suited to
>large cap stocks and mutual funds.
>
>Lionel
>
>At 12:49 PM 1/3/98 -0600, Richard Estes wrote:
>>The work of Curtis Dahl and his news letter was my start in TA in the 60s.
>>Dahl and Coppock started me off right.
>>
>>His primary trend index should be plotted as a histogram and you use 0 as
a
>>trigger. I feel you should never be long in a stock when Dahl is below 0,
or
>>short when it is above 0. You might play with the types of MAs but leave
the
>>periods the same. He developed the indicator as simple as it looks, by
>>extensive computer review of 50 years of data.
>>
>>mov(c,50,s) - ref(mov(c,50,s),-15)
>>
>>
>>-----Original Message-----
>>From: michael.arnoldi@xxxxxxxx <michael.arnoldi@xxxxxxxx>
>>To: metastock-list@xxxxxxxxx <metastock-list@xxxxxxxxx>
>>Date: Saturday, January 03, 1998 7:19 AM
>>Subject: DAHL indicator
>>
>>
>>>does anyone have the formula for the DAHL indicator for use with MS6.5
>>>
>>>thanks.
>>>mike
>>>
>>
>>
>>
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