Thread: Mikey's Method
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Old Tue, 06-14-2005, 11:01 PM   #22 (permalink)
mp6140
CRUSTY ON THE OUTSIDE !
 
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Join Date: Mar 2005
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hey bug --- im sure you could write a formula for that one but first, theres a little nagging thought stuck in the back of my alleged mind and thats WHY ?

oh, i understand what youre driving at by wanting an alert when the mfi crosses up over the 50, but i believe if you monitor that idea a bit longer, you will see how dangerous an idea it really is, as SOME stocks come off the bottom and continue up, but an awful lot DONT and even more reverse and return back down over the 50 point after having broken it to the upside !

i do not find pivot points particularly helpful, but im really NOT a formula writer either so you can go to the excellent paint bar section on the medved group web page under the HELP column ! theyve got tons of paintbar formulas and assistance !


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