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Hello Spydrtrader This must be a data source issue again but I don't show volume for IDSA exceding DU. See attached chart. PETD, as you mentioned, looks to be a better short candidate than a long. Volume exceeded DU late in the day. Is that valid for our purposes? Please see the 30...

Makosgu Once again, thank you immensely for the reply. You are absolutely right on all counts. Take care

Hello Makosgu Thanks for the post. Unfortunately I'm not sure exactly what you mean by the above. Are you saying that the constants should be 10 or 100? Please elaborate further if you can. Thanks and take care.

Hi Spydrtrader You are quite welcome. I put the equations into a series of Wealthlab scans but for some reason they never triggered any signals when they were used with QCharts's realtime data. However when used with Yahoo, they worked just fine. I don't know why this is so. Here are...

Thanks, Spydrtrader. The long red candle which ironically can be viewed as an up candle, does not provide much comfort. However for stocks this is not unusual. I'm much more familiar with currency and index futures intra-day charts. This type of a pattern is unusual for these trading vehicles...

Outstanding work, Spydrtrader. Please keep this up!

Hi JC I hope you are doing well. Are these tenured stocks? Take care

Thanks for the outstanding work, Spydrtrader. I look forward to reading your posts and analzying the list of stocks that you post, every night.

Hello All I created a flowchart of Hershey Stock selection criteria which is based on Spydrtrader's excellent description. I thought this may help us all in understanding the process better. The flowchart is in Visio 2003 format. If you don't have Visio, you can download the Visio 2003...

Hi Makosqu You bring up some interesting points. 1) I briefly used TC2000 in 1999 with these set of equations. It did not result in anything meaningful for me. 2) Eliiot Wave: IMHO, this technique is way too error prone. I have spoken to one traders who uses Fib levels exclusively and...

This is exactly how I feel. Diagnostics is the appropiate term to apply here. In essence, we need to have the most modern and automated shop in town. :) I think WL is the perfect platform for our needs. We can automate this process from start to finish. Well, there is one manual step and...

Excellent job as usual, G33M4K! Do you have access to WL 3.0? I think you can download a 30 day trial and if you e-mail the company, I think they will give you a 60 day license that will completely unlock the trial version. If you are interested, I can post the scans for these equations so...

If I remember the discussions correctly since 1999, I don't think staging works very smoothly. David Marshall made some great attempts in making a science out of this but to no avail -apparently. :) [B] Believe it or not, I don't have access to Excel at the moment. Check out the correct...

Well, by definition, MACD uses two MAs. Hence the reason for the double period and not single. Or perhaps I completely misunderstood your question? That would be ideal but there are false crossovers. However Jack's version (5,13,6) does a very good job of aletring us as to when the trend...

Unfortunately this is not very useful. If you, say, plot the 6 period ROC of MACD(5,13), you will see a near straight line with a few peaks that correspond to nothing useful. In a way, you can look at MACD as the velocity of price. When it crosses over during a strong trend, it tells you...

Spydertrader I coded the 7 TC2000 equatios for DU, FRV and Peaking, as described here by David Marshall, in WL: http://tinyurl.com/54ul6 I don't know how useful they will be to us. In any regard, if you want to take a look at them: 1) Copy the content of each text file to WL Script...

Spydertrader First thank you immensely for sharing your experiences with us. This is an outstanding thread. If I may ask, according to the WL script, the DU volume is 57,131 (this is using QCharts as a data source). The highest volume today on the 30 min chart was 49,155. Obviously...

GMS Some of the issues that you raise are valid. However Jack was never paid a dime for all the time that he spent in the Paltalk chat room. Furthermore, he left quite a bit of material on the MSN group that is accessible to everyone. Abandonment or not, the bottom line is that he has no...

Oops! Sorry, I did not read the last part of the last sentence. Unfortunately none of these services will work with RealTick. You may be able to get RealTick to work with TradeStation. However the current version of TS (7.0) requires you to open an account with TradeStation Securities and...