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Re: OldAIMGuy post# 7253

Friday, 01/31/2003 5:25:55 PM

Friday, January 31, 2003 5:25:55 PM

Post# of 47153
Tom

I've heard that you had done a study on the Williams%R indicator. It's one of my favorites too. How do you use it?

Did you know that the Stochastic and Williams%R give the same exact results? I was amazed to see this. I discovered this when I set Williams%R to 100 (my fav settings) and compared this to the Fast Stochastic 100...the same pattern! Not a big deal but the Fast Sto has a moving average parameter which is nice. I set this to 60. Actually, I use the Slow Sto since it smooths the data. Set to 100 60.

Work is going smoothly on my new trading system. Don Carlson has been helping me. I have ironed out the bugs and am now working on the web pages so it will take a bit longer.
I am presenting it to the world free of charge. The only money I will make off it will be from my own acount unless someone else wants to make money off it and then I would demand a cut! #:)
It is not automatic like AIM but is much like AIM in that a percentage of the Port Value is bought or sold each time depending on signals.
It's also somewhat subjective as to exactly when to act, however with a little practice one can get the hang of it.

Jibes
TrendSeekers at:
http://jibes0.tripod.com/trendseeker.html


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