Replies to post #1146 on World Surveillance Group Inc (fka WSGI)

[Laughing Cow]

Correction...

The MACD(28,56,14) crossover is way below the centerline, so that means the trending is extremely weak, correct? Therefore the chances of a continued uptrend is not as great as back in late March to early April. Though back then the crossover was below the centerline, but showed a stronger trend than now.


SloStoch(56,14) is showing as way oversold compared to before so I have no idea how that effects the current pattern.

But I'm guessing that it also means as long as the MACD is trending up, the SloStoch should eventually start heading up - but only if the MACD uptrend strengthens.

Anyhow, any and all critiques are welcome!

Laughing Cow



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What I see so far...

For those who don't know, I'm still new at TA, but just looking at the chart, it looks like the current pattern is matching the first week of April. Then again, how do I know I'm not fooling myself? LOL! I'm using RSI(14), SloStoch(56,14), MACD(28,56,14), CMF(14), Aroon(28), SMA(14,56) over a period of 1 month @ 30 min intervals.

I read a bit about the parameters over at Clearstation, but it is kind of confusing how the reading portion doesn't exactly match up with the sample charts they give.

Can someone critique the parameters I'm using and help explain why? TIA!

Laughing Cow

[lowtrade]

'Laughing Cow' ADD on - - - there are lots of stupid traders. But such a large trade would show it's a MM or day trader expecting to be out by the EOD!

Try to choose indicator numbers that match your chart length more closely. IE the number you choose would fit better to a 3 month chart with daily intervals.

And remember to choose the time frame in which your going to be holding the stock, it's good to (look longer) while evaluating if you want to get into the stock (answer to Watney99's question), but if your in the stock only watch the time frame you expect to be there. If the indicators on that time frame show you the time to get out is coming soon, tighten the chart time frame again!

Get the idea? 1st you want to see over all performance (LONG TIME), then you want to know whats happening lately (MID TIME) and lasts you want to know what's happening now (SHORT TIME).

The 3 months you can choose 56 days because it 3 months, but when looking at a 1 month the numbers should fit within that time frame, 30 max, ETC. OH yea the time interval Daily over 30 day, 30 minute over 10 and 15 minute over 5 day IMO.

Hope this helps.

IMO
RSI(14), OK
SloStoch(56,14), 30,15
MACD(28,56,14), 14,28,7
CMF(14), OK
Aroon(28), 14 (MID range like RSI)
SMA(14,56) 30
over a period of 1 month @ 30 min intervals1 month & daily


Success!!