StockFetcher Forums · Filter Exchange · This filter will make you forget all about RSI(2)<< 1 2 3 4 >>Post Follow-up
BFreshour
139 posts
msg #39012
Ignore BFreshour
11/21/2005 6:58:58 PM

Let me get this right, this whole filter is based off the slope of the DMA(28,-14) being above 0?


riggs
313 posts
msg #39015
Ignore riggs
11/21/2005 7:04:47 PM

BF -

Run over to www.transitionstrading.com/Displaced_Moving.htm

It will explain the price bar calculations.


BFreshour
139 posts
msg #39016
Ignore BFreshour
11/21/2005 7:11:10 PM

So we are looking for prive divergence with the displaced ma? :-? Still a bit confused...


BFreshour
139 posts
msg #39017
Ignore BFreshour
11/21/2005 7:11:19 PM

price*


riggs
313 posts
msg #39018
Ignore riggs
11/21/2005 7:30:46 PM

Bf -

There is a perfect illustration over at www.prophet.net Click on the link "Learn." Then click on "T/A Glossary" When that opens up, look on the far left side of the page and click on the 4th indicator "Displaced M.A." It will explain everything and give a perfect example of what I'm doing here.

Riggs.


BFreshour
139 posts
msg #39019
Ignore BFreshour
11/21/2005 8:22:13 PM

I understand... Why on Prophet.NET does the displaced MA fill the chart but on StockCharts it does the following:

http://stockcharts.com/h-sc/ui?symbol=MSFT&period=DAILY&bar=3&gap=0&id=p62289424655


BFreshour
139 posts
msg #39020
Ignore BFreshour
11/21/2005 8:22:35 PM

Notice how the DMA is 14 bars behind...


riggs
313 posts
msg #39021
Ignore riggs
11/21/2005 8:37:36 PM

BF -

That's because stockcharts.com has always been a cheap IMITATION of live streaming charts. It's a waste of $20 if you ask me. Although I do like the "Gallery View" charts with the P&F screen. Cheers!

RIGGS


poindexter
21 posts
msg #39025
Ignore poindexter
11/22/2005 4:19:29 AM

Riggs

Read "Trading for a living" too. It's a good book for rookies.
I use two setups from "Smart Trading" for the last 4 months and doing fine.

TRO

You are right. I'm trying to do what you suggested, but I'm getting frostrated because I get out too soon, or just befor the big move I anticipated occures. So I get out with 3% gain (not bad at all for two days) instead of 10%+ if I stayed another day.
I'm trying to come up with a better exit strategy, but with no success. The fear of loosing the small gain overshadows the potential gain I might gain if I stay longer.


TheRumpledOne
6,362 posts
msg #39026
Ignore TheRumpledOne
11/22/2005 8:58:16 AM

"You are right. I'm trying to do what you suggested, but I'm getting frostrated because I get out too soon, or just befor the big move I anticipated occures. So I get out with 3% gain (not bad at all for two days) instead of 10%+ if I stayed another day.
I'm trying to come up with a better exit strategy, but with no success. The fear of loosing the small gain overshadows the potential gain I might gain if I stay longer."

You can always sell 1/2 (or 1/3, 2/3, etc.) of your position, lock in profits and set a stop at breakeven. So if it runs up big you will make more money and if it reverses, then you are out with a profit. Either way you MAKE MONEY AND THAT'S THE NAME OF THE GAME!

MAY ALL YOUR FILLS BE COMPLETE.



StockFetcher Forums · Filter Exchange · This filter will make you forget all about RSI(2)<< 1 2 3 4 >>Post Follow-up

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