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this history of the anti oscillator is interesting.
SMR (of Colorado) had been plotting this indicator at the bottom of their
printed price charts for many years. It is a simple 3-10 macd with a 16
period signal line. It had always been a proprietary algorithm which SMR
never publicly revealed. Then, in about 1994, a man by the name of Frank
Key, a brilliant software engineer from New jersey, reverse engineered the
indicator for Linda. I can remember for a spell it was even called the FO
oscillator (frank-oscillator).
The anti pattern had been introduced as part of the SMR 'system' - - a
countertrend signal. SMR still plots these signals (on a mechanical basis)
on their printed charts.
-----Original Message-----
From: Johnny Storm <iceman_nrg@xxxxxxxxx>
To: Real Traders <realtraders@xxxxxxxxxxxx>
Date: Wednesday, June 23, 1999 10:03 AM
Subject: GEN: Street Smarts
:I re-read the book Street Smarts by Larry Connors and Linda Raschke and
:finally implemented another pattern in my trading repretoire..."The
:Anti".
:
:I have to say that this pattern is one of the best patterns that I have
:used in a long time. I have been trading the pattern for about a month
:and have done fairly well with it.
:
:I would recommend you look it over again to see how well the pattern
:works.
:
:JS
:
:_________________________________________________________
:Do You Yahoo!?
:Get your free @yahoo.com address at http://mail.yahoo.com
:
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