four
5,087 posts
msg #90465
- Ignore four
modified |
3/27/2010 4:07:06 PM
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/*BUY:
when ersi above cma
AND use buy value*/
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ETF finder with ERSI
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/*http://www.schwab.com/public/schwab/investment_products/etfs/schwab_etfs?cmsid=P-3312891&lvl1=investment_products&lvl2=etfs*/
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Eman93
4,750 posts
msg #90485
- Ignore Eman93 |
3/28/2010 12:07:46 AM
Nice work
Its cool to look at how the 50 ema is so strong,,,,
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four
5,087 posts
msg #90487
- Ignore four |
3/28/2010 12:40:39 AM
eman93
Nice catch ;)
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miska2
17 posts
msg #90574
- Ignore miska2 |
3/30/2010 1:46:05 PM
Nice filter Four.
I tweaked the ERSI setting slightly to (15,5,), 8) to make it more responsive to my style of trading. I tend to use the daily highs for long entries (lows for shorts) and by doing this I let price action come to me rather than chasing it. The indicator in conjunction with this entry strategy seems to work pretty well.
BTW, Can you explain the buy criteria you use.
Also, I wonder if there is a way to code the ERSI indicator and CMA-ERSI line that it crosses in Think or Swim.
I tried, but had no luck so far. Are there are any programmers out there that would be willing to code this?
A-
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mystiq
650 posts
msg #90595
- Ignore mystiq |
3/31/2010 3:26:26 AM
draw weekly Stochastic Momentum Indicator(10,3,3) ..... is a good look-a-like(confirmation) to the ersi indicator
!supply and demand!
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four
5,087 posts
msg #90659
- Ignore four |
4/1/2010 1:33:29 PM
@miska2
"BTW, Can you explain the buy criteria you use. "
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set{var1, day point range / 5}
set{buy, max(close,open) + var1}
draw buy on plot close
add column separator
add column var1
add column buy
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I am using the above to help screen the hits that are returned.
Fewer false entries (lack of continuation).
I wish to skate over the highs when the stock is going to go down the next day. The buy value is for an order the next day.
Not perfect. However, it will keep some more money in the pocket.
HTH
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miska2
17 posts
msg #90739
- Ignore miska2 |
4/3/2010 2:33:02 AM
Thanks!
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