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Michael and All:
1. Use a seven-period %K stochastic (the "fast" line). If your program
allows for an adjustment of the smoothing of this parameter, default to
four.
2. Use a 10-period %D stochastic (the "slow" line).
BUY SETUP (SELLS ARE REVERSED)
1. The slow line (%D, the dotted line in the examples on the following
pages) has establihed a definite upward trend.
2. The fast line (%K, the solid line) has begun to rise along with the
slow
line. A consolidation or retracement in price causes the fast line to pull
towards the slow line.
3. Enter when the price action causes the fast line to turn up once again
in the direction of the slow line (forming a hook).
Charles
PS: In Ensign: 7,4,10S
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> From: Michael Mangiafico <mmangia@xxxxxxxxxxxxx>
> To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
> Subject: anti
> Date: Sunday, February 21, 1999 2:03 PM
>
> The "anti" trading chapter in Conners and Rashke's book seemed quite
> interesting to me,
> and I was going to do some system testing on it. I left the book home,
> and I am now in London. Can anyone list a quick paragraph summation
> of this trading system I was wondering if anyone had those handy, or
> even if anyone has
> experimented with other k-d settings.
>
> thanks in advance
>
> MM
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