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RT'ers,
When applied to your TS charts, these indicators will produce
a 3 dimensional rainbow of FEAR!!.
This concept was adapted from suggestions made by Mel Widner in
the last issue of TASC, in which He used a series of offset,
multiple moving averages to create a three dimensional
representation of the market.
Rather than using MA's I have used the FEAR!! calculations
instead.
Attached you will find 4 indicators:
FEAR_3Da
FEAR_3Db
FEAR_3Dc
FEAR_Osc
Indicators a,b, and c are applied directly to your chart to
produce the "Fear Rainbow".
The FEAR_Osc is an indicator that displays a -osc, +osc, and
bandwidth(How the market is expanding or contracting in relation
to the oscillators).
You should be able to come up with some interesting systems using
the relationsships between price, -osc,+osc and how the bandwidth
relates to them.
Have fun....... :)
Walt Downs
CIS Trading
Attachment Converted: "c:\eudora\attach\Fear_3d.ela"
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