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RE: [Metastockusers] 4MACDean



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Lionel 
Issen
 

<FONT face=Tahoma 
size=2>-----Original Message-----From: Jim 
[mailto:hvacsage@xxxxxxxxx] Sent: Sunday, October 13, 2002 11:10 
AMTo: Metastockusers@xxxxxxxxxxxxxxxSubject: 
[Metastockusers] 4MACDeanA new folder by this name has 
been created in the files area.  It contains four files:  a 
snapshot GIF, an RTF explanation, an MWT template, and a self-extracting EXE 
with ten indicators.Several folks have asked for this information, which 
grew out of an original concept by Robert Cummings (aka Sir Bob) in the 
TC2000 crowd.  The 4MACDean grew from that kernel of thought.  
Many thanks, Bob, for making your ideas public!In that same spirit, 
this enhanced package is provided for your use.  Concepts are described 
in the RTF file for a wide variety of system signal possibilities.  No 
formal buy/sell indicators, system tests, experts or explorations are 
included - this is a starting point from which those tools can be 
developed.The periods used for the MACD's and BB envelopes were tuned 
extensively, for general use with short-term interday daily-bar 
trading.  There is no reason why they could not be used with intraday 
or multiday bars.Jumpstart Color Key & Concepts:  Red & 
Green are faster than Magenta & Yellow.  Red & Magenta are fast 
& slow Bearish indicators;  Green and Yellow are fast & slow 
Bullish indicators.  BB-type envelopes provide statistically-based 
crossover signal lines for the MACD indicators.  Green and Red Dots on 
the Histo bars highlight meaningful changes in their height.Happy 
Hunting!Jim Dean(aka "Sir TANSTAAFL")To 
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