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"Kenneth E. Schubert" wrote:
> I don’t want to bore the list with details of the latest mind-boggling crash
> of my TS2000. But in the process, I managed to lose all the ela files that I have
> been using. Fortunately, most of them were archived, so I have been able to
> reconstruct my work spaces painfully with the exception of an indicator that I have
> found to be quite useful.
>
> The indicator, labeled DT39NT was posted to this list some time ago.
>
> Would the kind soul who posted that ela file please send me another copy, either
> directly or via the list?
>
> Many thanks.
>
> Ken Schubert
>
> >
> >My thanks to all who responded to my request. Many of you asked for a copy of
> DT39NT, so I have attached it to this message.
>
>>
>> There were questions about how to use this indicator. First, let me explain that I
>> am not a statistically minded system trader. I trade options based on my
>> observations of chart patterns and various indicators. I use DT39NT to confirm buy
>> and sell signals from other indicators. I use a number of things, most based on the
>> Mark Jurik Adaptive Moving Average, which I consider to be one of the most important
>> tools in my trading arsenal (no charge for the plug, Mark).
>>
>> With this indicator, the MTM line oscillates above and below zero, and it provides
>> a good indication of the direction of price trend. The ST line oscillates above and
>> below the MTM line. When it crosses above MTM, while MTM is in an uptrend, you
>> usually get the best upward moves in the stock/option price. Vice versa when MTM is
>> in a downtrend. Seems to work well whatever the time frame.
>>
>> My apologies to the author of the article from which DT39NT was derived if this
>> interpretation is different from what you had intended. I am just an old guy who
>> had to retire after becoming confined to a wheelchair. Learning to use computer
>> tools to help my trading has served to keep me in reasonably good mental health.
>> (That appears to be contrary to some of the people who contribute regularly to this
>> list.)
>>
>> Ken Schubert
>>
>
>
>
Attachment Converted: "f:\eudora\attach\Dt39nt.ela"
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