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Guy
Have had a look at your SP500 chart and was wondering at what
formula you are using for your StochRSI (3 paramater?)
I have been using a variation that I found on the list (1 paramater)
where I am smoothing the SR (with an 5 day MA)
p1:= 21;
s1:= 5;
l1:=20;
l2:=80;
SR:=(((RSI(p1)-LLV(RSI(p1),p1))/((HHV(RSI(p1),p1))-
LLV(RSI(p1),p1)))*100);
SRmov:= Mov(SR,s1,E);
top:= Ref(l1,-1);
bot:= Ref(l2,-1);
Srmov;
top;
bot;
Regards
Benzie
> Guy,
> Just out of curiosity, what kind of time span is your short and
> intermediate systems?
> Thanks,
> Adam
> ----- Original Message -----
> From: Guy Tann
> To: metastock@xxxxxxxxxxxxx
> Sent: Tuesday, August 10, 1999 12:43 AM
> Subject: RE: S&P 500 chart....
>
>
> Adam
>
> FWIW, our system still is long (the Intermediate Term System and our
> Short Term System) so we're not looking for a major break yet. Our
> system has been pretty good at picking market tops and bottoms, and
> while we've been getting tossed about lately, we've been holding on and
> riding the trades out for small gains. Actually, we've been averaging
> down (or up as the case may be) and making a few bucks.
>
> Until our ITS turns bearish, we'll be trading the long and short side of
> the S&Ps based upon our STS. When the ITS and the STS both turn down,
> we'll be buying all kinds of Puts as well as shorting the S&Ps. Our ITS
> went bullish at 994 (S&P) so it's been a fairly good ride so far. We
> had one ITS (without a STS sell) sell on 6/3/99 with a buy on 6/15/99
> and that was the only sell we've had on the ITS since our original buy
> at 994. Made a few points on the sell and are fairly even on the buy
> side, so far.
>
> Regards
>
> Guy
>
>
>
> -----Original Message-----
> From: owner-metastock@xxxxxxxxxxxxx
> [mailto:owner-metastock@xxxxxxxxxxxxx]On Behalf Of Von Hef Sent: Monday,
> August 09, 1999 8:21 PM To: MetaStock Subject: S&P 500 chart....
>
>
> Looks like the S&P may be ready to turn up. The price is close to
> support (the center tine of the long-term fork) AND the short-term
> momentum is turning (but hasn't crossed the trigger line yet). Will
> wait and see what the next bar's action is.
>
> Adam
>
>
>
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