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| Mike Parker's Method Use Mikey's method with Medved QuoteTracker™ and say good-bye to pump and dumps. |
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| | #11 (permalink) |
| CRUSTY ON THE OUTSIDE ! Join Date: Mar 2005
Posts: 839
![]() | MP -- additional mods to RSIWLR [quote=goforbroke]this is for time series!!! how about momentum,rsi,etc QUOTE] =============================== hey actually, the indicators have stood the test of time although i added a RSI (6) as another indicator, a50% LRC to the RSI (2) (gives the indicators their own LRC) and a ma50 to the volume indicator. also working with the Williams at (9) instead of (10) as a test that seems to be working out well ! nothing major besides the timeseries ! 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 !! |
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| | #13 (permalink) | |
| CRUSTY ON THE OUTSIDE ! Join Date: Mar 2005
Posts: 839
![]() | MP -- RE: explain plz Quote:
everyone has someone, and i guess your mine right now ! (LOL) but im dumb and dont know how to post the chart so ---- just go to studies for your RSIWLR chart and ADD "50% LINEAR REGRESSION CHANNEL". in the drop down box below that, it gives you choices AS TO WHERE YOU WANT TO APPLY the indicator youve chosen, so choose "RSI (2) and it will go there ! as far as the MA50, select that from the indicators as above and then on the next drop down box below it, assign it to VOLUME ! with many of the indicators available, you can ASSIGN them to more than just the chart itself, which is what ive done ! enjoy 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 !! | |
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| | #15 (permalink) | |
| CRUSTY ON THE OUTSIDE ! Join Date: Mar 2005
Posts: 839
![]() | MP -- re: thnx [quote=goforbroke] Quote:
only the greatest of respect for eso, sa, pp2 and others keeps me from answering your question ! LOL 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 !! | |
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| | #16 (permalink) |
| Senior Member Join Date: May 2005
Posts: 107
![]() | Looks like you got a new apprentice on your hands mp, How has it been going! Anyways, made any new changes? What do you think about ema(5) crossing above pps and rsi 2 not peaked, and not hit upper bb's and LRC. It seems to do well some of the time.
__________________ The quality of decision is like the well-timed swoop of a falcon which enables it to strike and destroy its victim. Sun Tzu |
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| | #18 (permalink) |
| CRUSTY ON THE OUTSIDE ! Join Date: Mar 2005
Posts: 839
![]() | MP -- HAND QUIDE FOR THE RSIWLR well now, i guess the first few paragraphs of the RSIWLR instructions pretty well sums up the whole program, since its SO much simpler than setting up "mikeys method" (gotta change that name someday) which required a hand quide. BUT THE SIMPLEST WOULD BE --- BUY when all the lines are at the bottom having gotten there at between a 30 and 45 degree angle AND the pps is sitting on the bottom LRC line showing a hammer or a doji AND the timeseries lines are BENEATH the pps. SELL when the RSI2 hits topside "directly" and does not bend over and go flat at the top. if it goes flat, hold and wait for the rest of the lines to reach the top and then SELL. Prepare to SELL when the RSI 2 reaches the 80% area, as that shows the stock will most likely gap the next day and begin its selloff. cant get simpler than that ! |
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| | #19 (permalink) |
| Join Date: May 2005
Posts: 7
![]() | RSIWLR Thanks MP. Are you referring to the #1 post of this thread for the instructions? Just wanted to make sure as I have been reading all the threads pertaining to this method and was getting confuse about all the rules with the momentum, ad, rsi, wlr, and timeseries. If I recall the #1 post of this thread just talks about the TSF. In the other threads, the momentum, ad, rsi, wlr rules are given. I'll just have to reread again. I am looking for a "cheat" sheet I guess. But maybe I just need to KISS and just follow your reply. ![]() Is this thread the "official" instructions i.e. scrap the other threads? I am using the StockFetcher scan emulated by TRO - it seems to replicate what generates on prophet.net. |
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| | #20 (permalink) |
| I don't know chit... Join Date: May 2005 Location: Wisconsin
Posts: 16
![]() | thanks Wanted to say thanks MP for all you do here! I look up all your recent posts and hang on every word and stock watch. And don't worry, I don't blindly buy anything you post so please don't stop. I like your reasonings and analysis why you think a particular stock might be worth considering. So, just wanted to let you know people appreciate your work! Eric |
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