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[EquisMetaStock Group] The AO is not a green buy and red sell



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Williams AO indicator is simply a glorified MACD. Set up the AO and 
plot a 9 day MACD and overlay it without a scale on top of the AO. 
Surprise, Surprise, they both give buy and sell signals at the same 
time. The red and green shifts in the AO are momentum changes that 
can be easily read with other osc's. 

You can buy systems off of infomercials on late night television sold 
by a bald headed guy, that give red and green buy and sell signals. 
Those are based on MACD crossovers also. Program an expert to change 
the color of the highlights to red and green based on MACD crossovers 
and you've got an even easier system. Yes, it works and it's 
profitable. If you prefer more motivation, program the symbols with 
red and green arrows at the exact point of the MACD crossover. Then 
program your Explorer for finding stocks at (or near) the crossover 
point. 

Do simple crossover systems make money--absolutely. 

Willam's balance lines are simply different moving averages with 
offsets. The alligator's mouth, lips and jaw, or something like that. 
Simple moving average crossovers work too, and when I studied moving 
averages, they weren't called alligators. If you want to use moving 
average crossovers, 73 periods and 134 periods have the optimal 
efficiency in terms of making money for trend traders. However, 35 
periods is good for day trading. Of course, you can use 34 if you 
believe that Fibonacci discovered the true "symmetry" of the universe.

Fractals are just five bars with the middle bar higher than the other 
two. I've heard another name for that pattern. I would use it but I 
can't count to five and fractals sound like something that got 
broken. 

If you really want to understand how to use indicators that clarify 
entry and exit points and have a higher hit rate than the AO AC 
combination, read John Clayburg's book Four Steps to Trading Success. 
You'll be changing your charts first thing in the morning.  

Trading is a risky business and there's never been an indicator of 
any kind that has changed that.  However, astrology and cycles help, 
especially chinese cycles. 

http://www.fourpillars.net/finance/predic.html

This link will take you to the best chinese cycle forecasting site on 
the internet. You'll be amazed at how accurate the predictions are--
and it meets the major requirement of a lot of trader's--it's free!

I've done some research combining chinese cycles with Japanese 
candlesticks and it's a combination that has to be seen to be 
believed. Steve Nison doesn't trade because he thinks it's too risky 
and he's gone "beyond candlesticks". The problem is he never combined 
chinese cycles with his candlesticks! Candlesticks without the year 
of the Yin Water Goat as a sentiment indicator fall flat.

Check it out, you'll be surprised, I guarantee it. 

Good luck! Yang Earth Horse has started so I've got a lot to do 
finishing up my Explorer to pick out YEH stocks. 




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