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Can some one help me out? I was reading the latest addition of
Roy's
news letter (Jan. issue) he has an article about Dr. Clauburg's
settings on trend - I just wanted to confirm a few things about
figure 7 in the January issue and see how it lines up with the
uploaded file titled "clayburg example".
http://f3.grp.yahoofs.com/v1/MCMBQqq4gMwN3VJ_rSgOUVF-jx8dOvskuVQ7q-
gNc-fTHvdc6FK6lvz65NH3Qx6Tw9ufZGvPdqXxeXJgFyRoUVdrvfO02_Tz-
jRl/Clayburg%20example.jpg
I'm having a little trouble interpreting the settings – if
anyone has rd the new letter and knows what I'm talking about - can
you help me out?
William %R Green and Black on the chart:
Are you using the standard William %R the one that is given in
Metastock? If not which version are you using, and are the below
criteria correct?
%R 50 thresholds -10 & -90 green
%R 70 thresholds -20 & -80 black
Plot each Williams's %R in separate windows or plot both Williams
%
R's together? Is the 50 and 70 referring to the time periods to
set?
And the -10 & -90 is referring to horizontal lines right?
RSI Black and red on the chart:
Plot each RSI in a separate window? Are you using the relative
strength index provided within Metastock? Or are you using another
one? And again is the 7 and 14 referring to time periods?
Stochastic Oscillator:
Plot each Stochastic in a separate window? Are you using the
stochastic oscillator provided within Metastock? Or are you using
another one? And is the (7, 3) referring to the setting of the %K
parameter and %D parameter? And again is the 10 and 90 are referring
to horizontal lines right?
Now with this all said, simply said with the above indicators you
want them all to be increasing per bar equals (uptrend), or
decreasing equals (downtrend) – correct?
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