Penny Stocks | Investing Online - View Single Post - MP -- simplified "TER" analyzer

mp6140 · Wed, 08-16-2006, 08:53 AM

originally done for my partner in crime as a fast scan method, its been found to work unbelieveably well -- if you have the RSIWLR, or wish a fast, COMPLETELY VISUAL method of finding bottoms and tops OR those nice little swings, check this out on either the free "prophet.net" charts or even better, the realtime version.

only two things to watch for -----

SIGNAL LINES AT THE BOTTOM indicate . . . . . BOTTOMS (think about that !)
RSI MOVES UP AND OVER THE FULL STOCH LINE and/or the dotted signal lines = HEY, this looks good !
ACCUMULATION/DISTRIBUTION LINE -- if at top, the rally will sell off very close to when the RSI 2 hits 100% as the stock is fully accumulated. IF AT BOTTOM, with all other indicators, RALLY stands excellent chance of continuing up nicely. If the stock price is moving up and the A/D does not, or worse -- heads down, then the rally will be very weak. On a longer range chart, the divergence would be a SELL signal, and conversly, if the pps was moving down and the A/D line is moving up, you have a BUY signal.

LINEAR REGRESSION LINES -- show "normal" support and resistance for the stocks movement (usually within the channel) NORMALLY, stocks DO NOT penetrate the top line unless they have super news or are being manipulated

oh yeah -- all indicators are SUPERIMPOSED on each other -- for detailed setup see my RSIWLR indicator instructions.

SO SIMPLE and works SO well !

INDICATOR VALUES

OVERLAYS ON THE CHART ITSELF

sma 50 on volume
DEMA (10)
LINEAR REGRESSION CHANNEL (100%)
TIMESERIES 50
TIMESERIES 25 --- the ts indicators are EXTREMELY STRONG support or resistance indicators -- watch your stock as these point out HIGHS amazingly well !
SMA 20
SMA 9
BOLLINGER BANDS (20,2) i also use (10,2 on my charts -- they do interesting things on crosses !
LINEAR REGRESSION CHANNEL (100%) ON FULL STOCHASTICS (10,3,10) -- this one goes on the indicator pak and not on the chart itself --- direction of the channel shows safety of the trade --- DOWN is less preferable to UP, but do-able if you watch exits and dont hang around !
STANDARD DEVIATION CHANNEL -- xtreme movements (spikes) are registered here !

INDICATOR VALUES IN INDICATOR PANEL

FULL STOCHASTICS -- (10,3,10) 9 as a value can certainly be used !
FAST STOCHASTICS --(10,10) 9 can also be used
RSI, WILDER (2)
DOUBLE SMOOTHED STOCHASTICS (10,5,9) Identifies bottoms with a bit more clarity if the other indicators are moving around
ACCUMULATION/DISTRIBUTION LINE --- DONT skip this one !

a version for quotetracker also exists -- in fact, two versions !

enjoy and trade well

mp

Wed, 08-16-2006, 08:53 AM	#1 (permalink)
mp6140 CRUSTY ON THE OUTSIDE ! Join Date: Mar 2005 Posts: 839	MP -- simplified "TER" analyzer originally done for my partner in crime as a fast scan method, its been found to work unbelieveably well -- if you have the RSIWLR, or wish a fast, COMPLETELY VISUAL method of finding bottoms and tops OR those nice little swings, check this out on either the free "prophet.net" charts or even better, the realtime version. only two things to watch for ----- SIGNAL LINES AT THE BOTTOM indicate . . . . . BOTTOMS (think about that !) RSI MOVES UP AND OVER THE FULL STOCH LINE and/or the dotted signal lines = HEY, this looks good ! ACCUMULATION/DISTRIBUTION LINE -- if at top, the rally will sell off very close to when the RSI 2 hits 100% as the stock is fully accumulated. IF AT BOTTOM, with all other indicators, RALLY stands excellent chance of continuing up nicely. If the stock price is moving up and the A/D does not, or worse -- heads down, then the rally will be very weak. On a longer range chart, the divergence would be a SELL signal, and conversly, if the pps was moving down and the A/D line is moving up, you have a BUY signal. LINEAR REGRESSION LINES -- show "normal" support and resistance for the stocks movement (usually within the channel) NORMALLY, stocks DO NOT penetrate the top line unless they have super news or are being manipulated oh yeah -- all indicators are SUPERIMPOSED on each other -- for detailed setup see my RSIWLR indicator instructions. SO SIMPLE and works SO well ! INDICATOR VALUES OVERLAYS ON THE CHART ITSELF sma 50 on volume DEMA (10) LINEAR REGRESSION CHANNEL (100%) TIMESERIES 50 TIMESERIES 25 --- the ts indicators are EXTREMELY STRONG support or resistance indicators -- watch your stock as these point out HIGHS amazingly well ! SMA 20 SMA 9 BOLLINGER BANDS (20,2) i also use (10,2 on my charts -- they do interesting things on crosses ! LINEAR REGRESSION CHANNEL (100%) ON FULL STOCHASTICS (10,3,10) -- this one goes on the indicator pak and not on the chart itself --- direction of the channel shows safety of the trade --- DOWN is less preferable to UP, but do-able if you watch exits and dont hang around ! STANDARD DEVIATION CHANNEL -- xtreme movements (spikes) are registered here ! INDICATOR VALUES IN INDICATOR PANEL FULL STOCHASTICS -- (10,3,10) 9 as a value can certainly be used ! FAST STOCHASTICS --(10,10) 9 can also be used RSI, WILDER (2) DOUBLE SMOOTHED STOCHASTICS (10,5,9) Identifies bottoms with a bit more clarity if the other indicators are moving around ACCUMULATION/DISTRIBUTION LINE --- DONT skip this one ! a version for quotetracker also exists -- in fact, two versions ! enjoy and trade well mp __________________ Within the great hall at Elfinore stands a wondrous coffer, precisely four cubits square and securely latched against the outside world. Inside that repository, shut away from impertinent eyes, abides many an intriquing trading secret garnered from around the world and over the ages ! As a child, i used to watch from the darkness as the secrets were debated and annotated by the elders. No one there held a single thought of my presence -- BUT I KNOW WHERE THEY HID THE KEY !!