papagatorga
124 posts
msg #100304
- Ignore papagatorga |
4/18/2011 7:37:41 PM
Using a Daily chart on Stock Charts, I have plotted two indicators under the chart
PPO (12,26,9) and under that
ADX (14)
When the PPO has a major decline and the ADX rises to a point with a very narrow distance between the lines, there is a high probability of a turnaround. Not always immediate but generally rather soon. This is my alert to watch for an entry signal.
I have tried several different scan versions and then made a Watch list of the two, but I have not found anything that really comes close to what I am seeking. I'm not even sure such a Watch list can be created. Of course I am a novice at this and so many on here are so far advanced I can't even understand what they are plotting and doing at times. But I am confident with the intellect I have observed on here, if it is possible, someone will know how. Any suggestions. I am just seeking a Watch list to create an alert for me, I have my buy signals.
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