Replies to post #2 on augieboo's Junk Pile, part II (augiejunkjunk)

[augieboo]

Hi George,

I use the black background to cut down on glare and eye strain, but find that the dark blue just adds a different type of eye strain. I had never thought of putting two EMAs on a chart in order to get a brighter color, but you can bet I'll start using it this weekend. (:

As to the RSI & ADX, to be honest, that's just some stuff I'm playing with. I'm trying to figure out if there's a way to tell at least the potential strength of a rally from the Summation Indexes plus various indicators.

As to the mirror image thing, I agree, the RSI certainly does mimic the +DI on my Summation Index charts, but that's not always the case. For example, check out the RSI and the +DI and -DI on this chart:

As you can see, they are similar, but not mirror images. Perhaps there is something about the Summation Indexes which gives this appearance, such as the fact that they are highly "smoothed?" Who knows?

augie