In a trending market trust your system

ddd

The market is clearly still trending instead of ranging or sideways. One thing to keep in mind is that all your TA knowledge and your favorite indicators work the best in such trending market. So trust it for your entries and exits.

W%R / RSI and STO / RSI are two entry/exit tools I often rely on over MAs. W%R / RSI responds to entry opportunities faster than most of other indicators, and can give you one to two bars advantage. STO / RSI is quite responsive itself and can offer a confirmation for your entry. I like to wait for STO / RSI exit signal to avoid some of the sensativities of W%R. As for the SL, you can rely on BB, playing with its StdDiv setting between 1.5 and 2.5 (default is 2.0). StdDiv at 1.0 means 62% of chance the prices would fall inside of the band. At 2.0 its like over 80% (I don't remember the exact percentage - maybe some statisticians here can fill in).

As for the state of the current market if you play SPY / BGU, I would stay course and wait for the exit signal from the chart for the next move.

CoolMax

Diffusion

LLN

Great!

Noah

X!nG

好久不见了，过去经常看你的好贴。

谢谢分享。

yanjun

happyface

ruoshui

cool

bigbadwolf

多谢师兄.

hi-liter

谢谢。

lwjnbtx

Thanks for sharing!

bucks

student

only 5% chance out of 2 stdev from mean.

开小差

请教:如何将Wm%R  与RSI叠加在一起？

acoust

asap

谢谢 DDDDDDDDDDDDDDDDDDDDDDDDDDDD

ddd

请教:如何将Wm%R  与RSI叠加在一起？
开小差 发表于 2009-9-21 22:41

在StockChart下，assuming you already have RSI in your chart, add Wm%R, and move it to below your RSI indicator if necessary, select "Behind Indicator" from "Position" setting and Update.

tenteddies

thanks

yggv4

thanks