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I've Got An R-Squared, Swing


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#1 U.F.O.

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Posted 24 February 2009 - 10:47 PM

We've got an R2 reload in place. This thing is good. Below are $SPX and $NDX. ST/IT trend changes occur close to indicator peaks. (2 charts)

U.F.O.

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Edited by U.F.O., 24 February 2009 - 10:54 PM.

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#2 Rogerdodger

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Posted 24 February 2009 - 11:06 PM

What do you think about using Monday's low as a stop for longs? ;)

#3 U.F.O.

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Posted 24 February 2009 - 11:20 PM

I'm thinking more like Thursday's high as a stop for shorts. That way they can be flat before the cross over $800 $SPX. U.F.O.
"Democracy is two wolves and a lamb voting on what to have for lunch. Liberty is a well-armed lamb contesting the vote!"
~Benjamin Franklin~

#4 Rogerdodger

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Posted 24 February 2009 - 11:32 PM

You're so bad. :lol:

#5 U.F.O.

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Posted 24 February 2009 - 11:33 PM

Love ya RD. :D U.F.O.
"Democracy is two wolves and a lamb voting on what to have for lunch. Liberty is a well-armed lamb contesting the vote!"
~Benjamin Franklin~

#6 MaryAM

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Posted 25 February 2009 - 12:06 AM

UFO - I find your oscillator chart intriguing - can you apply a sine function to it - 0's should predict a change in direction. Mary Anne

#7 goldswinger

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Posted 25 February 2009 - 01:49 AM

From your chart it is clear that Dec 17th and Feb 9 are very likely the peaks as the indicator flatens out, but right now , it is still pointing to the moon, it could still rise a bit more and the $spx keep tanking lower do you know that the indicator peak has been reached? It is a great indicator othwerwise. Can yiu get that indicator on an hourly chart? Thanks for your post. Goldswinger.

#8 U.F.O.

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Posted 25 February 2009 - 03:20 PM

MaryAM, you'll have to show me how. swinger, probably, never tried it on hourlies. U.F.O. (I'll be back on tonight after hours)
"Democracy is two wolves and a lamb voting on what to have for lunch. Liberty is a well-armed lamb contesting the vote!"
~Benjamin Franklin~

#9 goldswinger

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Posted 25 February 2009 - 05:02 PM

UFO, i 've actually used hourly charts of indicators with daily type parameters , it works reasonably well, you end up with a daily looking chart with an hourly degree of granularity, that way you can actually see when the indicator turns with hourly resolution and then you can place trades on a more timely basis as things can move pretty quick within a day........an example of that woud be a 5,3 stochastic on the daily which could be built using hourly data at 32,20 which is 6.5 times the daily prameters.....for the # of trading hours in a day... How can you get an R square chart? Goldswinger.

#10 U.F.O.

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Posted 25 February 2009 - 05:05 PM

It came included with my MetaStock. I'll post the formula tonight. U.F.O.
"Democracy is two wolves and a lamb voting on what to have for lunch. Liberty is a well-armed lamb contesting the vote!"
~Benjamin Franklin~