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IYB's Seven


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#1 OEXCHAOS

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Posted 24 March 2004 - 09:43 AM

http://stockcharts.com/c-sc/sc?s=$TRINQ&p=D&yr=0&mn=3&dy=0&id=p47625634707&a=21048254&r=36.png

http://stockcharts.com/c-sc/sc?s=$TRIN&p=D&yr=0&mn=3&dy=0&id=t40498375609&r=8757.png

http://stockcharts.com/c-sc/sc?s=$NAMO&p=D&yr=0&mn=3&dy=0&id=t71472516380&r=6291.png

http://stockcharts.com/c-sc/sc?s=$NYMO&p=D&yr=0&mn=3&dy=0&id=t08249711734&r=5651.png

http://stockcharts.com/c-sc/sc?s=$NAHL&p=D&yr=0&mn=3&dy=0&id=t87758930907&r=8825.png

http://stockcharts.com/c-sc/sc?s=$NYHL&p=D&yr=0&mn=3&dy=0&id=t03301030996&r=7898.png

http://stockcharts.com/c-sc/sc?s=$BPCOMPQ&p=D&yr=0&mn=3&dy=0&id=t35810009552&a=21318141&r=9072.png
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#2 traderpaul

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Posted 24 March 2004 - 10:54 AM

They are great indicators but I think we can improve on them. Does anyone remember the original Wall Street ELF Indicators? They were 1/3 Fed indicator, 1/3 sentiment and 1/3 breath.
"Inflation is taking place now. Prices may not appear to be rising because they are making packaging smaller. " Rickoshay

#3 teki

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Posted 24 March 2004 - 04:08 PM

The trinq chart has another buy signal crossover as of the close today.

#4 frenchpj

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Posted 24 March 2004 - 06:18 PM

traderpaul

Check out The Encyclopedia of Technical Market Indicators, 2nd Ed., by Robert W. Colby, pages 784-788. Too much info to present here.

:D
"Great things are not done by impulse, but by a series of small things brought together."

Vincent van Gogh

#5 Mr Dev

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Posted 26 March 2004 - 11:14 PM

Imho
Having a sigle indicator set as a 6MA on the namo nymo nahl and the nyhl charts is incomplete,

and maybe equal to missing a turbo-charger on a diesel engine.

Being incomplete means it will tend to lag the big moves in both directions leaving

us with much smaller profits in the middle.

In what looks like it could be a sideways to dn market, and possibly for some extended time,

the 6 Ma setting may not cost us more than it gives us, but does leave us with less margin for error.

This unnecessary lag in turn may let us out only slightly better than even on many trades, esp when risking any counter trend trades.

Mr Dev ;)

.. .. ..
Mr Dev

......trading is basically a simple operation, but you have to be a genius to understand the simplicity.
.....timing,..... is ....everything !
... remember no guessing visit MrDev!

#6 Mr Dev

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Posted 08 April 2004 - 02:26 AM

Just shring a Tuned version for those that are reeeally interested.
You may notice a full day advance notice on the very same signals.
Now how many times have we all said ....'If I was only in/out.....yesterday'!
best

http://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=$NAMO,uu[r,a]dhclyyay[db][pb3][vc60][iuaL7,18,9!ld10!lo10!lh14,3][J21450591,Y].png

http://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=$NAMO,uu[r,a]dhclyyay[db][pb3][vc60][iaL!l!lo10!lh14,3][J21450591,Y].png

.. .. ..
Mr Dev

......trading is basically a simple operation, but you have to be a genius to understand the simplicity.
.....timing,..... is ....everything !
... remember no guessing visit MrDev!

#7 frenchpj

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Posted 06 June 2004 - 08:42 PM

Mr. Dev I like your idea. One more suggestion is to analyze the indicator with Bollinger Bands. I find they give better signals than predefinged set levels. Give it a shot! GL :)
"Great things are not done by impulse, but by a series of small things brought together."

Vincent van Gogh

#8 Mr Dev

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Posted 07 June 2004 - 12:53 AM

Thanks frenchpj I will and look forward to sharing some results!

.. .. ..
Mr Dev

......trading is basically a simple operation, but you have to be a genius to understand the simplicity.
.....timing,..... is ....everything !
... remember no guessing visit MrDev!

#9 traderpaul

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Posted 30 September 2004 - 06:04 PM

Hi Don, This may be window dressing... Look at key stocks : CSCO, GOOG, EBAY, INTC, MSFT etc. You will find last minute (they waited until just before the bell) buying on all of them.....
"Inflation is taking place now. Prices may not appear to be rising because they are making packaging smaller. " Rickoshay

#10 Rogerdodger

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Posted 09 August 2005 - 10:17 PM

Here is the general rule that I use (always though keeping the context of the market firmly in mind):

When 7 of 7 say "buy", that marks the beginning of an uptrend, which remains in effect until 7 of 7 say "sell", which in turn marks the beginning of a downtrend until 7 of 7 say "buy", which marks the beginning of an uptrend, until....ad infinitum.

Now the specfic buy/sell points on the seven:

For (each) TRIN and TRINQ: Buy when 3 EMA is below the 13 EMA, sell when 3 EMA above 13 EMA. {I dropped the "lock and load" rule in favor of my overall goal of KISS ("keep it simple stupid")}

For $BPCOMPQ, when reading drops either from above bolinger bands, into same, OR from within BB's to below same...that is a sell signal. Buy signal is a crossing from below into bands, or from within to above bands.

For NAMO, NYMO, NAHL, and NYHL, if the reading is below the 6 DMA, thats a sell, and if its above, that's a buy.

I could say a whole lot more about always keeping context in clear perspective when interpreting the SS's, but I won't. For now we'll just KISS. :icon_petting:

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