Replies to post #38212 on A.I.M. Users Bulletin Board (AIMUSERS)

[The Grabber]

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.

[SFSecurity]

Hi Tom,

I feel like an idiot. I've been using Netstock for a while and missed that it has an alarm function. It's quite neat and I sent Henrik $50 because it is so good. He even fixed a problem that I had running multiple copies, one for each portfolio I have.

Now on the W%r function. Can I assume that the brown area below -80 in the chart is the area that validates a buy?

In your chart of AIM activity you have + for buy, - for sell and | signs. What do the | signs signify?

BTW, I love your charts, especially where it shows the hold range on the side. I haven't had the time to learn how to do such elegant charts yet. One day, I hope.

Best,

Allen

[Toofuzzy]

Hi Tom and Allen

You could use trailing stops but you would need to increase the num er of shares to be traded as the price increased or decreased.

Toofuzzy