8 replies to this topic

[mss]

A picture tells more than words.










If this sort of stuff is helpful let me know.

mss

[esther231]

It's helpful. Thanks for posting them.

[swingtrader]

Thanks for posting the chart. Can you explain what is 8s/34s? 8 sma / 34 sma? Also what chart package did you use to plot those charts? Thanks

[MS B]

Very helpful. Looks like all the indexes are rolling over. looks like once the ratio turns down, direction continues until after it crosses the 0 line. Is that correct ??? Thanks for all your work. B

[mss]

Thanks for posting the chart.

Can you explain what is 8s/34s? 8 sma / 34 sma? Also what chart package did you use to plot those charts? Thanks

<{POST_SNAPBACK}>

Sorry, the explaination for 8/34ema has been posted so many times that I assumed all would know how they are used. Click on the LINK: FF Main Page

Scroll down to the chart with explanations on it. DO NOT click back here

mss

[mss]

The explaination and chart got moved somewhere, so for those who missed it here it is.

The 8/34 is the ratio of 8ema/34ema of the closing price of the index. As the two emas move closer together or farther apart you get a clearer view of momentum of price. As the ratio moves above or below the "1.0" line the index is BULLISH or BEARISH trend wise. Below is a long term chart that should give you a good idea of how it works.



I'm done.

[swingtrader]

Thanks a lot for the explantation!

Thanks for posting the chart.

Can you explain what is 8s/34s? 8 sma / 34 sma? Also what chart package did you use to plot those charts? Thanks

<{POST_SNAPBACK}>

Sorry, the explaination for 8/34ema has been posted so many times that I assumed all would know how they are used. Click on the LINK: FF Main Page

Scroll down to the chart with explanations on it. DO NOT click back here

mss

<{POST_SNAPBACK}>

[hiker]

Yes! It is helpful. More golf is more helpful.

[PorkLoin]

Heck yes it's helpful, MSS. Thank You! A fast spurt to a new price high in the NDX or something in here, and I think we've got a near-perfect sell. Doug