acfncp3
59 posts
msg #82669
- Ignore acfncp3 |
11/9/2009 5:08:13 AM
I have been listening to a John Person CD where he talks about dojis, hammers and shooting stars at key points in his Support and Resistance S1 and R1. Also he has come up with a new indicator that I'm studying at the Pivot Point. Is it possible for SF to find doji and hammers at the Person S1 and a doji or shooting stars at Person's R1. Person says that there is up to a 70 percent chance that these will indicate reversals using these combinations. And can SF find a larger candle going through the Person Pivot point either bullish or bearish.
Thanks for your help ahead of time.
Bill
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chetron
2,817 posts
msg #82670
- Ignore chetron |
11/9/2009 6:41:57 AM
WHAT WAS WRONG WITH THIS????????????????????
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acfncp3
59 posts
msg #82950
- Ignore acfncp3 |
11/12/2009 6:18:23 PM
Thank, this link was great for finding stocks that have reached a pivot point.
A new thing that Person describes in his book is a moving average of pivot points. Is there a way that SF can create say a 3 period moving average of pivot points. The idea of a moving average of pivot points is great but without SF there is no way of filtering for setups.
Thanks again.
Bill
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chetron
2,817 posts
msg #82959
- Ignore chetron |
11/12/2009 8:14:40 PM
PERSON PIVOTS ARE 5 DAY MOVING AVERAGES OF THE DAILY PIVOTS.
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acfncp3
59 posts
msg #82966
- Ignore acfncp3 |
11/12/2009 9:55:21 PM
Interesting but I'm not sure you understand what I'm saying.
What Person now does is have a moving line like you would have for example when you ask SF for a chart of the 10 day moving average.... so 10 days of the closing prices divided by 10. What he has done and what I was hoping SF could do is create a chart with a moving average line of say an average of the last 3 days of person points. (P + P + P)/3 . Can you use SF to create a moving average line that shows a moving average of pivot points.
Thanks ahead of time,
Bill
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chetron
2,817 posts
msg #82967
- Ignore chetron |
11/12/2009 10:01:14 PM
i thought that was what you were asking for. you want a 3 day ma of the 5 day ma of the daily pivots which i believe simplified would be a 15 day ma of the daily pivots, which would mean that all you need to do is take my person pivot filter and add a 1 in front of the 5 of the cmas.
hth
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acfncp3
59 posts
msg #82968
- Ignore acfncp3 |
11/12/2009 10:05:35 PM
Chetron, thanks for the quick response.
What Person has come up with is a abiltiy to look at crossovers. So he'll have one line of say 5 period pivots points crossing the 10 period line of pivot points and use those as entry and exit points. Just like most people use the cross overs of normal moving averages.
Thanks,
Bill
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mystiq
650 posts
msg #83015
- Ignore mystiq
modified |
11/13/2009 3:02:56 PM
gave it a try
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chetron
2,817 posts
msg #83025
- Ignore chetron |
11/13/2009 5:28:10 PM
SORRY, I PUT IT OVER HERE....
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