|
Suggest you have a read of bill Blau's book -
momentum, Direction and convergence. He explains the rationale behind a number
of his formulae. It's well worth buying if you use indicators.
----- Original Message -----
Sent: Monday, February 28, 2005 6:32
PM
Subject: [EquisMetaStock Group] Re:
Ergodic Theory
Hi Everyone,
It's seems like an interesting
discussion we have here on this
Ergodic Indicator.
I could be wrong
here, so please share your views on my
interpretation of this Ergodic
Indicator.
Personally I believe its almost the same as MACD. If you
were to
twig the parameter settings you could see a similarity in both the
Ergodic Indicator and the MACD.
Just my views.
Thank
you
Sachin
PS Jose, your modified ergodic indicator (later
posting of the
formula) if I put it into any NYSE symbol, the chart will
just show
a chart formation of a triangle shaped or an inverted triangle
shape
from the zero line.Is this how it should look like in the chart as
created by you in the latter posting. I believe this is what David
was
trying to say.
--- In
equismetastock@xxxxxxxxxxxxxxx, "Jose" <josesilva22@xxxx>
wrote:
>
> David, the previous example of the Ergodic code
was set at
crossover
> signals as default - you've probably plotted
it on a chart with
either
> insufficient data and/or no available
signals.
>
| Yahoo! Groups Sponsor |
ADVERTISEMENT
![click here]() | |
![]() |
Yahoo! Groups Links
|