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I just had to test the ROC indicator,,,realtime.
So,,,I took long positions on Monday for Natural gas and coffee.
I had confirmation from other indicators for these positions but,,,mainly depeneded on ROCs.
Both of trades were not so good until today on which the price finally turned upside.
Coffee broke above a minor resistance and natural gas hit the highest high for last three days at the afternoon session. For the last 3 days,,,the price never fell below the pivot day(Friday).
If this week ends upside,,,,I'll see "V" ROC on weekly chart for both contracts.
Hope these trade work out well,,,in profit.
Regards,,
P.S. I don't have any clue yet how to start on coding this system yet.
Might need great help from someone experienced with ELA.
*********** REPLY SEPARATOR ***********
On 3/11/98, at 12:12 PM, RANDALL L. REED wrote:
>RJ and All,
>
>Haven't heard anything yet. Maybe everybody died.
>
>Lots of people interested but no one has yet to construct a system.
>
>Has anybody out there done any trading using the multiple ROC's?
>Anything strike you as significant? How about a couple of markets
>that indicate a signal.
>
>The biggest issue I'm trying to naildown are the tops. They do not
>show up the way the bottoms do. Mostly because of all the noise due
>to congestion. I've tried adding filters like Volumn but can't see
>anything worthwhile.
>
>Anybody got any ideas for seeing tops, ESPECIALLY shorting
>opportunities?
>
>As soon as I get some help on building an ROC system and solving
>the situation on the top/short signal I have another indicator that
>shows as much promise as the ROC's ...maybe even more. Anyway,
>I will be passing it along soon.
>
>from Petersburg, MI
>Randy
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