hey
the TER analyzer is an ADDITION to the RSIWLR and set up as a seperate chart on "prophet.net". TER and I have found it to be, essentially, a simplified analyzer that still contains everything one needs to determine bottoms and tops and allows easier stockfetcher scanning because of the reduced number of variables to be entered into a scan !
I will only say that TER was a relatively new trader who had amassed a ton of bags, some of which still remain but are slowly dying off --- he simply didnt know when to sell ! using the analyzer and doing weekly scans, he is now actually doing better than I am by following ONLY HIS OWN SCANS and waiting for them to move off the bottom, remaining in for two days and selling the 3rd day gap !
the version of the RSIWLR that i presently use can only be used with the "real time" subscription service from prophet (it contains WAY more indicators) and can be complex if youre not a geek like me, but it does allow one to set up one day, real time charts which will tell one when a stock will reverse (to either side) when "flipping" a stock, (although my quotetracker "flip" charts will do that also ! I simply use one to verify and confirm the other !
Alas, pc quotes had tremendous problems and no longer provides their charts for free --- a tremendous loss as that one indicator alone was worth a fortune -- SORRY, but I miss it also !
enjoy and trade well
mp
Quote:
Originally Posted by Jimski  MP: I have started reading your archived materials the last while and am a bit confused on the relation of the RSIWLR and "TER" analyzer. Is the TER to replace the RSIWLR or work along with it? Should I set up both or just one?
Also I went to PCquotes.com as indicated in the "Completely Non Technical for the rest of us thread" and attempted to find the chart and indicator settings for the PCR etc. as you describe but found no indicators. |