levamit
101 posts
msg #97531
- Ignore levamit
modified |
11/17/2010 3:38:03 PM
Hello,
I think i found something very simple way to make some money with indicator "Center of Gravity EMA(7)",
all you need to do is find some solid stocks and check the indicator with name "Center of Gravity EMA(7)"crossed above 0 meaning go long(the blue line crossed above the 0 line)and jump in without a Fear.
when you need to close your long position when the "Center of Gravity EMA(7)"(the blue line crossed below the 0 line)crossed back the 0 line and dropped below.
the filters are below:
Buy Signal :
Short (Sell) Signal :
If someone think their is a way to Improve that please post
Regards,
LA
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traderseb
36 posts
msg #97539
- Ignore traderseb |
11/18/2010 7:29:12 AM
Run Debug. It helps with spelling errors, ie. "nasfaq100"
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gmg733
788 posts
msg #97608
- Ignore gmg733 |
11/24/2010 10:02:23 PM
You'll want to pay attention to the market direction of course and look for overbought/oversold.
i.e. you use RSI(9), I'd look for candidates crossing the COG that were recently below RSI(9) 30 for a long. If you don't you can get whip sawed pretty good.
In a sideways moving stock, you'll have issues. Hence, my comment above. Stocks move three ways.... not two.
Good work though nonetheless.
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tarun766
50 posts
msg #108518
- Ignore tarun766 |
10/24/2012 5:22:42 PM
i do not understand all that i have checked it almost goes the opposite way.
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