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Jack et al,
This indicator is availible for free at http://www.omegaresearch.com/ as an
.ela file that can be imported into Omega Research products. All it tells
you is that some number of bars are higher or lower before and after a new
high or low. Either they are less then if the bar is high or greater then if
the bar is low.
A word of warning it does not plot until the number of bars in the strength
have elapsed so if it is set a Strength (6) it wont put up a signal until 6
bars have gone by. That's why I have used it as a signal that warns of an up
comming cross over of the DMA.
Brent
-----Original Message-----
From: Jack Higgins <jfh37@xxxxxxxxxxxxxxxx>
To: brente@xxxxxxxxxxxx <brente@xxxxxxxxxxxx>; RealTraders Discussion Group
<realtraders@xxxxxxxxxxxxxx>
Date: Thursday, March 18, 1999 12:05 PM
Subject: Re: Intraday T-Bonds with Indicators
>Brent and all,
>
>I am not familiar with the Alternating Swing indicator , do you have any
>recommedations on where I can read up on it.
>
>Thanks,
>Jack
>
>-----Original Message-----
>From: BrentinUtahsDixie <brente@xxxxxxxxxxxx>
>To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
>Date: Wednesday, March 17, 1999 4:41 PM
>Subject: Fut: Intraday T-Bonds with Indicators
>
>
>>RT's
>>
>>I thought I'd send along a example of an Intra-day T-Bond (US9M) chart
with
>>a Displaced Moving Average (DMA) and the ADX on it showing how some
>>Indicators could be used to day trade Bonds. As you can see each time the
>>price crosses above the DMA and the ADX is (or just has been) increasing
>you
>>buy. The white Regression line indicates the trend. You want to start
>>looking for the cross over after the Alternating Swing (set strength for 6
>>days on these 4 min bars). The red and blue lines on the ADX are
Regression
>>Lines based on it to help you see that the trend is on going. If the price
>>starts to move back to the Regression line or has a pivot you watch to get
>>out.
>>
>>Yes this is after the fact hindsight but the point here is that it can be
>>used real time if you have the Day Traders Psyche.
>>
>>Maybe you don't need this kind of help, you can just see it all from the
>>price. (You don't need field glasses to see the ball game either.)
>>
>>Brent
>>
>
>
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