acfncp3
59 posts
msg #83715
- Ignore acfncp3 |
12/2/2009 1:03:20 AM
I've noticed that when the + and - di's wrap tightly around each other moving in the same direction for 3 to 4 days, that once it unwinds suddenly it will tell which direction to buy into very clearly.
For example IPI chart during the dates 11/12/09 and 11/16/09 and once again at 10/8/09 to 10/13/09 the di's almost form a single rope. Once the di's break apart it gives a clear and strong signal for the next 3 to 7 days.
Of course when looking at enough charts this is something you just observe but are never able to catch. Is there a way that SF could search for this setup in time for you to take the right side of the trade.
Thanks ahead of time.
Bill
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acfncp3
59 posts
msg #83719
- Ignore acfncp3 |
12/2/2009 8:14:23 AM
I tried this code:
DI(14) Difference equal 1 for last 2 days
stocks are optionable
close above 25
add column di(14) difference
but it's not really what I want. If you look at SLB on 9/2 - 9/3 for two days the difference was in the decimals. How would I write this in SF.
Thanks for the help,
Bill
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Kevin_in_GA
4,599 posts
msg #83720
- Ignore Kevin_in_GA |
12/2/2009 9:18:25 AM
For example:
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Arooj
15 posts
msg #83800
- Ignore Arooj |
12/3/2009 7:25:27 PM
Hey Bill,
check this site out: www.adxcellence.com. It'll give you more food for thought.
I have bought their book on ADX, and I have studied it, but my SF coding skills are not as advanced as I would wish them to be. Your observations are very good, and there is a great deal of information present when you change the "typical" parameters of ADX/DMI.
I will attempt to post more soon; my current efforts are more in the day-trading realm but I too want to be able to generate
statistics like the RFR screen based on certain ADX/DMI criteria.
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