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Re[2]: [RT] conv div on macd



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Hello Mikey,

For info, Linda Raschke uses the 3/10 (most of Pattern Trapper's
method are nearly idendical to hers)  She posts charts throughout the
day at http://www.mrci.com/lbr/charts/index.asp  You'll notice that
her 3/10 is actually a macd as that is the only way to get it in SP
Comstock.  If you go to that site you can look at charts and short
explanations going back many months.  No affiliation but I have taken
her course and used her chat room in the past.

-- 
Best regards,
 Jim Johnson                           mailto:jejohn@xxxxxxxxxxxxxxxx

Friday, March 22, 2002, 10:56:32 AM, you wrote:

M> i don't use the 3 10 method  but your gif describes basic divergence theory   i ahvent yet
M> seen anyone use the macd the way i have described it  and i don't charge for the
M> information as does the pattern trapper
M> i don't believe that this forum should be used as a mechanism to sell a product or a
M> service  it should be about people willingly sharing their ideas without any hook or
M> hidden fees or charges  or is the pattern trapper no free ???

M> Bob Hunt wrote:

>> More extensive writings on this concept can be found at:
>> http://www.patterntrapper.com/guide.shtml#310
>>
>> The 3/10 Oscillator actually uses Weighted Moving Averages, whereas MACD uses
>> Exponential. I prefer the weighted, but for those who do not have that capability
>> the MACD comes very close.
>>
>> Bob Hunt
>>
>> Mikey wrote:
>> >
>> > see the attached chart
>> > what i do is to convert the macd into a line and then plot it into sub
>> > graph one  ( the price bars) and then to look for conv div in this
>> > manner
>> > for ease of perusal i have marked a couple of trades up so it is easier
>> > to see
>> > normally there are three macd components on trade station they are the
>> > fact ma slow ma and the macd diff   i am just using the macd diff and i
>> > have blacked out the two moving averages since (though necessary for the
>> > computation A)       they just clutter up the chart
>> > take a look at it and then i will be more than happy to answer any and
>> > all questions
>> > mikey
>> >
>> >
>> > To unsubscribe from this group, send an email to:
>> > realtraders-unsubscribe@xxxxxxxxxxxxxxx
>> >
>> >
>> >
>> > Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/
>> >
>> >   ----------------------------------------------------------------------------------
>> >  [Image]
>>
>> --
>> Bob Hunt
>> THE PATTERN TRAPPER
>> E-Mail: RHunt@xxxxxxxxxxxxxxxxxx
>> Web Site: http://www.PatternTrapper.com
>> Phone: 952-892-5550
>>
>> *******************************************************************
>>  The Pattern Trapper Interactive On-Line Course is now available!
>>     http://www.PatternTrapper.com/coursetitle_pt/Course_.html
>> *******************************************************************
>>
>>
>> To unsubscribe from this group, send an email to:
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>>
>>
>>
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