TheRumpledOne
6,411 posts
msg #37687
- Ignore TheRumpledOne |
8/28/2005 4:34:39 PM
/* R2DLT1 tells you the number of days rsi(2) < 1 during the past 20 days */
/* R2DLOW tells you how many days since the 20 day low. But if it is -1, this lets you know that there has been a lower RSI before the current rsi(2) 20 day low within the previous 20 days. At first I thought -1 was a mistake until I checked the chart */
Back to the basics.
This filter finds stocks where RSI(2) < 1 and the close is above the low.
Also, the normalized Accumulation/Distribution has to be in the bottom 20%.
This means the stock may have hit bottom and reversed.
Once again, using Muddy's bottom tail size.
MAY ALL YOUR FILLS BE COMPLETE.
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TheRumpledOne
6,411 posts
msg #46812
- Ignore TheRumpledOne |
9/9/2006 3:31:43 PM
Pop to the Top
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ashraf999
33 posts
msg #46939
- Ignore ashraf999 |
9/14/2006 6:30:45 PM
RumpledOne,
Do you have to wait for a confirmation that the price as well as volume increase after the day rsi(2) < 1 in order to go long?. If not, what is the needed confirmation are you suggesting?.
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as214
184 posts
msg #46945
- Ignore as214 |
9/14/2006 9:01:00 PM
Riggs IMO this filter is your finest piece of work to date. DMA 28,-14 and RSI2 combined are lethal. I use them both when I buy a value candidate that catches my eye. Im glad I opened my eyes to technicals. Ill always be a fundamental-value investor at heart but you guys have helped me add thousands to the bottom line by pinpointing entries. Thank you for that.
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WALLSTREETGENIUS
983 posts
msg #46950
- Ignore WALLSTREETGENIUS |
9/15/2006 12:19:45 AM
"Riggs IMO this filter is your finest piece of work to date. DMA 28,-14 and RSI2 combined are lethal. I use them both when I buy a value candidate that catches my eye. Im glad I opened my eyes to technicals. Ill always be a fundamental-value investor at heart but you guys have helped me add thousands to the bottom line by pinpointing entries. Thank you for that."
________________________________
as214,
It's funny how everyone here thought I was off my rocker when I introduced a creative way to use DMA(28,-14). Now everyone talks about it as if it was in last months "Stocks & Commodities Magazine!" Funny huh?....anyway dude, you saw what I was doing from day one, and made a ton of $Money$. Now some of my biggest critics back then I've noticed are helping others with my DMA set-up. lol....that cracks me up more than anything, but I'm just glad to see that everyone FINALLY understands that "DMA IS THE ONLY WAY!" lol.....
BTW....you're welcome friend!
Peace.
- RIGGS -
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WALLSTREETGENIUS
983 posts
msg #46815
- Ignore WALLSTREETGENIUS
modified |
9/15/2006 1:29:39 AM
I think most of you will find THIS filter is much more reliable......
*** DIVERGENCE NEVER LOOKED BETTER! ***
When you see "Warm Pop-80" diverging on the hard right edge...."LOAD THE FREAKIN BOAT!"
- THEMIGHTYRIGGS -
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nikoschopen
2,824 posts
msg #46952
- Ignore nikoschopen |
9/15/2006 1:52:47 AM
Now, isn't that funny? I have never once said a word about DMA(28,-14) while the dude's so-called critics lambasted his "original" ideas, which he most definitely ripped off from somebody else. Plus who hasn't heard of DMA(28,-14)? It's not like it was created yesterday. Along with scores of his critics, I'm just not convinced that it works, at least by itself. That is, DMA(28,-14) by itself is useless as any other countless garbage indicators solicited as ure true holy grail. Only when it's combined with others like, well, the Keltner channels and Bollinger bands, does it make itself felt. But then again, it ain't what you use but how you use the damn thing...ain't it?
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TheRumpledOne
6,411 posts
msg #46956
- Ignore TheRumpledOne |
9/15/2006 5:20:28 AM
RumpledOne,
Do you have to wait for a confirmation that the price as well as volume increase after the day rsi(2) < 1 in order to go long?. If not, what is the needed confirmation are you suggesting?.
...................................................................
I would make sure the price is rising BEFORE I went long.
You want the buyers to be in control of the stock.
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alf44
2,025 posts
msg #46953
- Ignore alf44
modified |
9/15/2006 9:06:24 AM
...but didn't ya hear ?
"Now everyone talks about it as if it was in last months Stocks & Commodities Magazine !"
---------------------------------
And somehow I musta missed it !
Regards,
alf44
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WALLSTREETGENIUS
983 posts
msg #46977
- Ignore WALLSTREETGENIUS |
9/15/2006 4:43:22 PM
"You want the buyers to be in control of the stock."
_____________________
Avery, well said! I'm going to use this phrase in the future. Nice going....
- RIGGS -
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