Thursday, September 25, 2014 5:32:21 PM
Hi Tom
Nice charts.
They really show how powerful of an indicator the W%r can be.
Of course the % change down or up from the crossovers may not be big enough to trigger AIM.
I don't have any idea how one would attempt to use GTC orders with Ocroft's methods.
In my mind (not that I've tried it yet), you can 'precalculate' the crossover prices and use them as a trigger. Some algebra probably needed there and I don't recall how to do all of that.
Of course you would need to do this each time you added/dropped a time period, so in your case eavery week.
Thanks for the link to NetStock, I'll need to check that out when I get a chance.
Nice charts.
They really show how powerful of an indicator the W%r can be.
Of course the % change down or up from the crossovers may not be big enough to trigger AIM.
I don't have any idea how one would attempt to use GTC orders with Ocroft's methods.
In my mind (not that I've tried it yet), you can 'precalculate' the crossover prices and use them as a trigger. Some algebra probably needed there and I don't recall how to do all of that.
Of course you would need to do this each time you added/dropped a time period, so in your case eavery week.
Thanks for the link to NetStock, I'll need to check that out when I get a chance.
Best Regards, Steve (The Grabber)
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