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Joe,
You may want to pick up a copy of Martin Pring's Market Momentum. I found it
to be an excellent book on the study of momentum indicators. Also be very
careful in using just momentum in making your decisions. They usually work
best with a confirmation signal whether that be candlesticks, crossing a
moving average, etc.
Jack
----- Original Message -----
From: Joe Stratmann <jstratmann@xxxxxxxxxxxxx>
To: Omega Mailing List <omega-list@xxxxxxxxxx>
Sent: Tuesday, July 13, 1999 6:59 PM
Subject: Oscillator Numbers - how do you pick them?
> I'm new to TA and TS2000i. So far I'm having a lot of fun studying
> everything and trying to apply what I've learned. But... I'd like to know
> how most people pick the numbers to use in the Indicators.
>
> For instance, if I'm watching Yahoo and I want to use Momentum and MACD -
> how do I pick what numbers would be proper? Sure, I could run optimize on
a
> study based on these functions but isn't that fitting the curve and
> therefore produces "bad" results?
>
> Thanks
>
> Joe
>
>
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