Saturday, October 23, 2004 3:11:14 PM
FAT DADDY TEMPLATE POST 1..........
Fat Daddy is one I created/discovered some time back. Again, it is dependant of synchronous events. It uses only two studies: macd histogram 5-13-8 and %r11. Oddly, nearly all signals are generated at support/resistance areas.
%r has two horizontal elevations marked within: -60 (red) and -40 (green).
The long signal is the histogram crossing zero and %r crossing green. The short signal is the macd crossing zero and %r crossing red. All crossings MUST be in the same trend direction and the same exact period.
I used MNG for the template example. Three or more of us are familiar with the stock. I thought a new look might stir interest. Red (short) and green (long) vertical lines identify signals.
Again, synchronous technical events make the world go 'round....... that and nice bottom girls.
Fat Daddy is one I created/discovered some time back. Again, it is dependant of synchronous events. It uses only two studies: macd histogram 5-13-8 and %r11. Oddly, nearly all signals are generated at support/resistance areas.
%r has two horizontal elevations marked within: -60 (red) and -40 (green).
The long signal is the histogram crossing zero and %r crossing green. The short signal is the macd crossing zero and %r crossing red. All crossings MUST be in the same trend direction and the same exact period.
I used MNG for the template example. Three or more of us are familiar with the stock. I thought a new look might stir interest. Red (short) and green (long) vertical lines identify signals.
Again, synchronous technical events make the world go 'round....... that and nice bottom girls.
There comes a time when you define the moment, or the moment defines you. - Tin Cup
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