TheRumpledOne
6,407 posts
msg #39647
- Ignore TheRumpledOne |
12/18/2005 4:23:42 PM
I had an idea today!!
The MOMENTUM ZOOM LENS combines much of what I have learned from others.
HolyGrail(HG) teaches to look at multiple time frames.. zooming in/out.
Mike Parker(MP) teaches to look at momentum in the RSIWLR display.
Mark Crisp emphasizes using the weekly chart in his momentum system.
The MOMENTUM ZOOM LENS plots NORMALIZED "monthly", "3 month" and weekly momentum all on the same chart!.
This allows you to see in one glance what a stock's momentum is doing across 3 time frames.
Of course, you can expand this to 4 or more time frames or you can use a different indicator... Like RSI(2)!!
MAY ALL YOUR FILLS BE COMPLETE.
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TheRumpledOne
6,407 posts
msg #39648
- Ignore TheRumpledOne |
12/18/2005 4:33:41 PM
This shows zoom lens for momentum and williams %r.
I will leave the rest up to your imagination!
MAY ALL YOUR FILLS BE COMPLETE.
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riggs
313 posts
msg #39656
- Ignore riggs |
12/18/2005 6:19:38 PM
Avery -
If I combine Momentum Zoom Lens and DMA, I could take over the world! Moo-Ha-Ha-Ha!!! LOl...Just kidding around.
Those sure are some deep gaps, but it looks very promising....Yes, I like it!!!
RIGGS.
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maxreturn
745 posts
msg #40014
- Ignore maxreturn |
1/6/2006 9:26:54 AM
TRO...complements for the excellent work on this. Very useful. Just as important...well annotated and easy to follow. Thanks for the contribution and for that matter all the useful/interesting contributions to this forum.
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TheRumpledOne
6,407 posts
msg #40022
- Ignore TheRumpledOne |
1/6/2006 6:44:24 PM
Thank you.
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sekto
6 posts
msg #40038
- Ignore sekto |
1/7/2006 7:07:42 PM
i like this zoom lens, looks like a useful tool, but what if 2 of the indicators are headed up but one is headed down or sideways?
IE NFLX-moval(22) and moval(60) headed up but movalwk looks to be bottomed out and moving sideways. My interpretation of this is that the week bottomed out and should be following the 22 and 60 and heading up soon.
Note: DMA (28,-14) crossed above ema(13) and stock is near bottom of linear regression. Good entry point? Or should i wait.. Any help would be greatly appreciated Thanks!
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TheRumpledOne
6,407 posts
msg #40057
- Ignore TheRumpledOne |
1/8/2006 1:18:01 PM
Think about it....
You have short, medium and long term indicators.
You can create a DECISION TABLE:
Short..............Medium................Long.............ACTION
UP......................UP..................UP
UP......................UP..................DOWN
UP......................DOWN................UP
UP......................DOWN................DOWN
DOWN....................UP..................UP
DOWN....................UP..................DOWN
DOWN..................DOWN..................UP
DOWN..................DOWN..................DOWN
Your assignment is to fill in the ACTION column.
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