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List,
Over the last six months I've been using -85 and +5 as the trigger points
for my trades. Use what feels comfortable, but my clients have enjoyed
profits from the above numbers. Keep in mind that any major adjustment to
the trend channel will probably cut into profit potential using these
numbers. This past year I have moved away from optimized variable and with
my quest for the Wholly Grail have standardized all my analysis with simple
overbought/oversold criteria. I continue to post the CocoLoco because I
continue to trade it for the posse and they demand that I trade it until we
lose sight of the trail.
Steve Karnish
CCT
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> From: Craig Monroe <cmonroe@xxxxxxxxxx>
> To: List <realtraders@xxxxxxxxxxxx>; metastock@xxxxxxxxxxxxx
> Subject: Re: CocoLoco rides again
> Date: Saturday, September 04, 1999 10:09 AM
>
> Here's the metastock formula for FibCMO: (CMO(C,3)+CMO(C,5)+CMO(C,8))/3
>
> go long when the indicator penetrates -70; go short when it climbs above
> zero.
>
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