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lostcowboy

02/16/04 12:25 AM

#367 RE: leapyear92 #365

Hi Leap, Not sure why I astound you. I have not used any high math yet( I got to learn it first)lol! I believe Incwave is based on the Williams %R formula, but the time period is vary different. The High and low prices that they use are not simply the highest or lowest price for the time period, I think they are probably using a average high price and a average low price over one or more years, also They say their prices are based on the company's reports that come out. They are probably using a complex formula for that. I am just talking about the basic formula, and ways that it can be improved. They do have a way of adjusting for a growth stock also.

Problem was and still is the drawdown or deep diver. After all these years I still feel that a simple MA or MA of the equity curve is the best way to bail. Or to jump back in to a stock? I think this can work with mutual funds and maybe ETF's. But I think stocks have to high a noise factor.