mdl060374 94 posts msg #62740 - Ignore mdl060374modified
5/17/2008 4:05:59 PM Yeah. I have noticed that the last few days since I have started looking at this. The signals are alot stronger when you do what you suggested.
I am going to try to find someone to create a radarscreen that notifies me of such divergences. Think this is hard to do?
TheRumpledOne 6,411 posts msg #62741 - Ignore TheRumpledOne
5/17/2008 4:28:47 PM TradeStation deleted my indicators from their forum.
You can get them at www.kreslik.com
There's a few divergence and I believe I coded Bullpower and Bearpower for RadarScreen.
WALLSTREETGENIUS 983 posts msg #62742 - Ignore WALLSTREETGENIUSmodified
5/17/2008 4:29:39 PM DELETED BY THEMIGHTYRIGGS HIMSELF
WALLSTREETGENIUS 983 posts msg #62744 - Ignore WALLSTREETGENIUSmodified
5/17/2008 4:37:56 PM DELETED BY THEMIGHTYRIGGS HIMSELF
WALLSTREETGENIUS 983 posts msg #62747 - Ignore WALLSTREETGENIUSmodified
5/17/2008 5:20:05 PM DELETED BY THEMIGHTYRIGGS HIMSELF
dee8888 8 posts msg #62761 - Ignore dee8888
5/18/2008 7:07:39 AM I think we have a small error here.
"Bull Power is calculated by subtracting the 13-day EMA FROM the day's High. Bear power subtracts the 13-day EMA FROM the day's Low."
Set{Bullpower, high minus ema(13)} is wrong
Set{Bearpower, low minus ema(13)} is wrong
Set{Bullpower, ema(13) - high}
Set{Bearpower, ema(13) - low}
WALLSTREETGENIUS 983 posts msg #62762 - Ignore WALLSTREETGENIUSmodified
5/18/2008 8:50:25 AM DELETED BY THEMIGHTYRIGGS HIMSELF
nikoschopen 2,824 posts msg #62765 - Ignore nikoschopen
5/18/2008 3:17:03 PMQuote from dee8888:
I think we have a small error here.
"Bull Power is calculated by subtracting the 13-day EMA FROM the day's High. Bear power subtracts the 13-day EMA FROM the day's Low."
Set{Bullpower, high minus ema(13)} is wrong
Set{Bearpower, low minus ema(13)} is wrong
Set{Bullpower, ema(13) - high}
Set{Bearpower, ema(13) - low} Sorry bro, but I think you should reread Elder's Come into My Room . Here's what he wrote about "Elder-ray" on page 115.
WALLSTREETGENIUS 983 posts msg #62766 - Ignore WALLSTREETGENIUSmodified
5/18/2008 3:21:06 PM DELETED BY THEMIGHTYRIGGS HIMSELF
dee8888 8 posts msg #62780 - Ignore dee8888modified
5/19/2008 8:05:07 AM I stand corrected then....
So that means
http://www.incrediblecharts.com/technical/elder_ray_index.php
has it wrong?
They show it backwards. Of course the taking it directly from the horse's mouth is always better.