nikoschopen 2,824 posts msg #46234 - Ignore nikoschopen |
8/6/2006 5:16:49 PM
It would need to rely on if-then conditionals. Suppose ure a value investor with these entry criteria:
(1) The DJIA is below its 50-day moving average;
(2) price is below 10% of the previous 6-month trading range;
(3) RSI(2) is below 1.
Taking ure "BallOn" example into consideration, I've devised the following ad-hoc filter:
I'm not sure whether my answer adequately addresses ure question but I hope it will lead to the right direction. Of course, this is just one of many ways to play the if-then scenario. As I already mentioned, this is more chanllenging than I previous thought.
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