roca1018
163 posts
msg #144861
- Ignore roca1018 |
10/5/2018 6:13:46 AM
I apolegize for asking about this filter but am curious about what triggers the buy and sell signals. I originally thought that the 4 crossing the 8 triggered it cma(DMA(8,-5),4 or cma(DMA(8,-5),8
but does not seem to be the case. Any help would be appreciated
Thanks
Rich
|
nibor100
1,046 posts
msg #144864
- Ignore nibor100 |
10/5/2018 12:21:49 PM
@Rich,
Please clarify, Is this the filter you are asking about?
Thanks,
Ed S.
|
roca1018
163 posts
msg #144872
- Ignore roca1018 |
10/6/2018 7:54:53 AM
Ed,
Yes and I am am having difficulty understanding the signals. For instance the buy signal
often occurs when the 4 is below the 8.
Rich
|
nibor100
1,046 posts
msg #144875
- Ignore nibor100 |
10/6/2018 8:51:27 PM
@Rich,
1. I agree that filter is a little confusing probably due to some lines left in it from some of his prior filters.
If you are referring to the column labeled "dma_x_84over84" as the buy signal and/or a first red box in the row at the bottom of the charts labeled 'cntcmadma4abovecmadma4b'; try relooking carefully at the filter and you'll probably notice that neither of those variables are actually developed using the "cma(DMA(8,-5),8)" at all.
However, the filter does display the price part of the chart with cma(Dma(8-5) 8 line in relationship to the 4 line which is probably causing the confusion.
2. I went back thru some of his recent posts and found these tidbits which may be of some use:
"Thats what I'm talking about "triggers". There are 1000's but I myself use a ema(4) over ema(9) cross as the first flag of a deeper look at a stock."
"When cma(DMA(8,-5),4) makes a cross above cma(DMA(8,-5),4). It means trend is changing to a uptrend."
"Study the cma(DMA(8,-5),4) cross above cma(DMA(8,-5),8) symlist that I posted and add different stocks. Its not the Holy grail but its made me some $."
Hope this is both a helpful and correct analysis
Ed S.
|
roca1018
163 posts
msg #144877
- Ignore roca1018 |
10/7/2018 9:06:21 AM
Ed,
Thanks for the response. Did you mean when cma(DMA(8,-5),4) is above cma(8,-5),4) one day ago it suggests an uptrend or something else? I just need something simple where you enter on a crossover
on etf's such as dia,qqq,spy and nobl along with dividend aristocrats.
Thanks
Rich
|
nibor100
1,046 posts
msg #144879
- Ignore nibor100 |
10/7/2018 1:31:36 PM
@Rich,
The last 3 lines that are in quotation marks in my last post are all copied and pasted from Mactheriverrat prior posts as is.
I have not studied whether or not any of them is best to use for the situations you are interested in trading.
Ed S.
|