The indicator went from Neutral to Buy based on the data at the market close today.
RF2 Update
Started by
redfoliage2
, Oct 16 2007 04:46 PM
3 replies to this topic
#2
denleo
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- Chartist
- 3,097 posts
Member
Posted 16 October 2007 - 05:56 PM
Your indicator seems very accurate. What is it? Maybe you have described it before, but I don't remember.
Denleo
#3
redfoliage2
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- Traders-Talk User
- 18,101 posts
Member
Posted 17 October 2007 - 04:48 AM
Denleo: Thanks for your compliment. RF2 is a proprietary ST composite indicator using multiple market parameters such as market breadth, VIX, TRIN, TICK aming others, which are optimized in a computer program. So far it has shown an accuracy about 90%. This short term indicator typically changes in 1 to a few days depending upon market conditions. Thus one needs to be nimble when on this indicator.Your indicator seems very accurate. What is it? Maybe you have described it before, but I don't remember.
Denleo
Edited by redfoliage2, 17 October 2007 - 04:58 AM.
#4
redfoliage2
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- Traders-Talk User
- 18,101 posts
Member
Posted 17 October 2007 - 05:04 AM
Disclaimer: RF2 should not be construed as an advice for trading. It's only for sharing of information.
