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RT'ers,
For those interested in LBR's 3-10-16 oscillator, as well as 7/4
slowD stochastics, using a MACD of 5/34/5 and looking for an
upturn or downturn will alert you to the possiblity of an impending stoch or
3-10-16 hook.
This will give you one or two extra days to get ready !! <g>
Walt Downs
CIS Trading
-----Original Message-----
From: Bryan Finnegan <TeamData@xxxxxxxxxxxxxxxx>
To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
Date: Friday, August 21, 1998 2:03 PM
Subject: Re: LBR/MACD/ENSIGN SOFTWARE
>The equations are
>
>plot#1: average( c,3) - average(c,10)
>plot#2: average( average(c,3) - average(c,10), 16)
>
>I have tradestation, so i can't tell you how to implement in ensign.
>
>Bryan Finnegan
>
>----------
>> From: charles meyer <chmeyer@xxxxxxxx>
>> To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
>> Subject: GEN: LBR/MACD/ENSIGN SOFTWARE
>> Date: Friday, August 21, 1998 10:35 AM
>>
>> Linda uses the following parameters on the MACD: 3, 10, 16.
>> Is anyone out there sufficiently familiar with her work that can
>> define the mathmatical expression for each of these numbers?
>> Embarassing, but I can't seem to replicate her charts with
>> my software and I don't understand the definitions used in my
>> manual. One number represents what she calls the 'fast'
>> (short) moving average, one number represents what she calls
>> the 'slow' moving average (long).....and this is where I'm lost.
>> I don't know in which order to enter the numbers on my system
>> setup screen. I have tried different permutations but my chart
>> doesn't look like the one from her. At this point, I just don't
>> understand why my chart doesn't look like hers. If necessary,
>> I can fax pictures of her MACD charts. Thank you.
>>
>> Charles.
>
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