A.I.M. Users Bulletin Board

[Myst]

Tom......since AIM and X_DEV signals are similar, I thought you might enjoy a visual on what your indicators look like when AIM or X_DEV produce their signals.

Here's your favorite....W%R.....on the QQQ. I like checking W%R as well but feel the CCI (also below) is a bit more "comfortable". W%R is like an on/off switch......either very bullish near zero or very bearish near -100. You don't get a good "relative" feel or degree of bullish/bearishness. It's great for day and swing trading though......when you want to get in and out quick.



Chaiken's money flow indicator won't pinpoint great entry/exit points, but it's great for scoping divergences:



Here's CCI. As you can see it's not as jagged as W%R and also offers a better way to visualize the degree of bullish or bearish sentiment, because you are not stuck to the limits of 0 to -100.


As you know however, it's never a good idea to rely on 1 indicator alone. Combinations of indicators are better......and many indicators with a decent system are even better!

~Myst~