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Yes for short sales
Day One Close must be in top 25% of range.
Day Two Close must be in Bottom 25% of range.
Close must be less than both 10 and 50 day moving average.
Day Three sell 1/8 below, day two low.
Risk One point above entry.
Sorry about the error.
"The darkest hour in any man's life is when he sits down to plan
how to get money without earning it"
Sentinel Trading
rjbiii@xxxxxxxxx
____________________Reply Separator____________________
Subject: 180's Short Indicator
Author: owner-realtraders@xxxxxxxxxxxxxx
Date: 10/19/98 9:39 AM
I downloaded this indicator recently, and I believe it was from RealTraders.
Also included was the 180's Long indicator.
My question to the developer of this indicator is I believe there is an
error in the formula: . . . . . . . Close < Average(Close,50) and Close
">" Average(Close,10)". Should this not read ...... Close" <"
Average(Close,10), i.e. Close "less than" rather than "greater than....."?
Thanks for your response. Its an effective indicator!
John
jdfo@xxxxxxxxx
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