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Nicholas:
Please bear in mind that Dahl only had access to a punch card main frame
computer. It probably had the power of a 286 or 386 computer. Hence he
developed indicators that were easy to use in his evironment. Secondly the
markets today are much faster moving, and so some of his indicators need to
be modified.
Dahl's primary trend indicator is similar to a price oscillator except that
he uses the value of the longer moving average for 89 days ago. This the
equivalent of 3 months of trading days ago.
Try this indicator out, if it works for you use it, if it doesnt work then
modify or drop it.
Lionel Issen
----- Original Message -----
From: Nicholas Kormanik <nkormanik@xxxxxxxxxx>
To: <metastock@xxxxxxxxxxxxx>
Sent: Sunday, May 23, 1999 4:33 PM
Subject: Dahl's Primary Trend
> On the Silicon Investor MetaStock thread some people have spoken well of
> Dahl's Primary Trend indicator. I believe the following is the
formulation:
>
> Mov(c,13,S) - Ref(Mov(c,34,S),-89)
>
> Questions: Have you folks found this particular indicator to be of
value?
> What other parameters in the formula would you recommend? What indicator
> value is the buy signal?
>
> Thanks,
> Nicholas
>
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