AI
Sunday, December 11, 2011 1:07:45 PM
I agree in total > I have all of my charts >
set at a 6-month time frame.
And I always check them daily, to eliminate the ones that are not ready technically.
All of my charts must show a "current alignment", that is worthy of all of my Bullish indicators.
Meaning:
> RSI under 30
> 34-day MA under 200-day MA, sloped down
> 8-day MA under 34-day MA, sloped down
> PPO bars under zero line, moving-up
> PPO fast and slow lines, sloped down
> ADX (14) line, moving up, near 30
> +DI, sloped down
> a wide "gap" between the ADX line and +DI line
set at a 6-month time frame.
And I always check them daily, to eliminate the ones that are not ready technically.
All of my charts must show a "current alignment", that is worthy of all of my Bullish indicators.
Meaning:
> RSI under 30
> 34-day MA under 200-day MA, sloped down
> 8-day MA under 34-day MA, sloped down
> PPO bars under zero line, moving-up
> PPO fast and slow lines, sloped down
> ADX (14) line, moving up, near 30
> +DI, sloped down
> a wide "gap" between the ADX line and +DI line
