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Re: [EquisMetaStock Group] Re: Is there any indicators to confirm MACD Histogram?



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Thomas,
Interesting advice. Actually, I'm just simply applied the Bill Williams indicator/expert advisor on MS. I will explore more about this tool and I will visit Roy Larsen web, when I know what I need.
 
Blitz  

From: thomas12ng <thomas12ng@xxxxxxxxxxxx>
To: equismetastock@xxxxxxxxxxxxxxx
Sent: Mon, October 26, 2009 4:43:28 PM
Subject: [EquisMetaStock Group] Re: Is there any indicators to confirm MACD Histogram?

 

Blitz,

I do got my own method in smoothing, coding and infact my own complete mechanical system that I have traded in Australian market for the late couple of years.

My suggetion is that: market is not similar to uni or school where you can say this s truly 100% right or wrong eventhough we can most of he time test the mechanical part by using system tester

If you are developing Bill William method I think "Roy Larsen" is the best guy in guiding you. I have seen his web page and some of his works align with Bill's principle.

Take Care

TNG

--- In equismetastock@ yahoogroups. com, Blitz Krieg <greenrhinos@ ...> wrote:
>
> Thomas,
> Would you share how to make smoothing method?
> Currently, I tried to confirm MACD Histogram with alligator system of Bill William and fractal system. Is there any person here, experience utilize Bill William method? How effective is it?
>
>
>
>
> ____________ _________ _________ __
> From: thomas12ng <thomas12ng@ ...>
> To: equismetastock@ yahoogroups. com
> Sent: Sun, October 25, 2009 3:13:28 PM
> Subject: [EquisMetaStock Group] Re: Is there any indicators to confirm MACD Histogram?
>
>  
> Hi Blitz,
>
> This is truly an interesting issue. MACD, Stochastic and SIROC are the same concept indicators i.e. RANDOM WALK
>
> They dont tell whether the trend is a dead end or it is just the beginning.
>
> A few oscilators and smoothing method can infact increase the profitability of so calle "random walk indi" For e.g. Moving average,ROC, RSI, ADX , Mom. But if the coding style just rely on and and or promt ......well it is to hard
>
> hope that helps
>
> --- In equismetastock@ yahoogroups. com, Blitz Krieg <greenrhinos@ ...> wrote:
> >
> > Hi guys,
> > I'm watching on of security INDF. MACD Histogram shown decrease since 1st week of Sept even StochRSI maintain in overbought area but the price still increasing. My question is any indicator can confirm this security movement better than MACD Histogram and StochRSI?
> > Thank you for advance.
> >
> > Blitz
> >
>




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