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Martin Pring on Market Momentum ---Rate of Change
RANDALL L. REED wrote:
> Randy:
>
> What is the name of the book and what is the indicator called???
>
> Dave
>
> ---------------------------------------------------------------------
> Randy wrote:
> > Jim,
> >
> > You will find it in Chapter three page 52. Read the entire chapter
> and
> you
> > will find an excellant indicator that's easy to construct and very
> > effective. His explanation of the indicator and all it's uses is
> very
> > good. He also adds charts with his explanations so you can see
> exactly
> > what he is pointing out. I was doubtful untill I examined it
> closely and
> > constructed it in SuperCharts as I described in my original post.
> The
> > results made me sit up and take notice. I then started
> experimenting and
> > came up with the three ROC's used together (similar to one Prings
> > suggestions) to get an indicator that can be used to see the trend
> change.
> >
> > I have added information in the my other replies to Realtraders
> which may
> > help you. I will continue to post as I come up with further
> information.
> >
> > from Petersburg, MI
> > Randy
> >
> >
>
> _______________________
> Dave Seremek
> seremek@xxxxxxxxxxxxxxx
> 630.279.1339
>
> Dave,
>
> The book is "Martin Pring on Market Momentum" and the indicator is ROC
>
> (Rate Of Change). It is excellant reading and offers much in the way
> technical analysis and solid trading savey.
>
> Randy
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