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<FONT face=Verdana color=#000080
size=2>Steve,
<FONT face=Verdana color=#000080
size=2>
I
have been trading with StochRSI, with exactly the same formula that you
have posted here, for the past five years, and it is the primary trend
indicator that I use. You can set it to various lengths, using the longer
lengths as trend, and the shorter ones, like the 8,8,3 that you use, as entry
signals. Personally I prefer the Weighted moving average, as it is more
responsive. I would, however, be grateful that you acknowledge the fact
that this indicator has been around for a while, as much as I am grateful that
you do present it to others and let others enjoy its benefits.
Regards.
<FONT face=Verdana color=#000080
size=2>
<FONT face=Verdana color=#000080
size=2>Bijan
<FONT face=Tahoma
size=2>-----Original Message-----From:
owner-metastock@xxxxxxxxxxxxx [mailto:owner-metastock@xxxxxxxxxxxxx]On
Behalf Of Steve KarnishSent: Friday, July 19, 2002 08:21
AMTo: metastock@xxxxxxxxxxxxxSubject: Karnish
StoRSI
List,
Last December, I presented my StoRSI indicator to
the Fort Collins Market Technicians Association (a group that gets together to
drink beer and eat Mexican food...at an Irish Pub). At the time, I had
been trading the system for approximately a year. It has continued
to trade profitably during the past six months "slide to hell". For
those who might of missed previous post, the guts of the system are
attached. Sorry, but I can only provide MetaStock code. All trades
are initiated on the opening, the day following the signal.
Take care,
Steve Karnish, CTACedar Creek Trading<A
href="http://www.cedarcreektrading.com";>www.cedarcreektrading.com1-877-668-1125
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