dasunn |
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Wednesday, May 11, 2005 |
Thursday, April 12, 2018 9:56:12 PM |
14 [0.00% of all post / 0.00 posts per day] |
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QUOTE (alindsley) Thank You Bruce. Works great
art
Thanks Art and Bruce, just what I was looking for. You TC guys are the greatest.
Dave
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Thanks so much.
I once was a user of stockmentor.com with Dan Fitzpatrick who really advocated the bollinger band volitility squeeze concept. Its a great aid.
I will paper trade using tsf along with my other indicators for a while.
regards
Dave
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Thanks a lot, it sure does help.
My problem is/was how to interpret the indicator. Since it is called a forecast, I thought it forecasted a price value. The edit box contains the ability to indicate the forecast bars wanted. I made the assumption there was a 30 day algorithm using past history values to calculate this forecast bar value.
I searched Google a lot to better understand TSF. Most were too heavy for me and did not enlighten me much. One simple explanation was to buy under and sell over the line. It said TSF was a mean value to which price would return to.
Because I am a swing trader, I set my forecasted bars to 5. If you toggle to different forecast bars and watch the corresponding price line, one will see that TSF line change. I am assuming that this indicator is calculating price out to the furture bars selected.
I am not certain of my understanding. Thats why I made my origninal post. I was hoping to hear from someone knew more than I do. You could be right on your analysis and I do appreciate your inputs.
I will paper trade for a while and see if I can draw some conclusion that will help make some profitable trades.
Any further input will be much appreciated.
regards
Dave
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Lets see if we can get specific.
I am a swing trader. I use a xma crossover, vol, bollinger bands and short term/long term macd for my setup.
I look to buy strong stocks (9,6,3 mo Roc>10%) on above avg 20 day vol with price hooking up the last 1or2 days. Typically price would be crossing over a 3 day xma.
I was hoping the time series forecast would help me predict the next 5 day prices so my trade would yield me at least 4%.
Do you have any information for me in this reguard?
dave
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I did not get that. I wanted some help, not a philosopy lesson.
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TC200 V11 , Time Series Forecast Indicator.
How does one utilize TSF and what are the recommended settings? How successfull has anyone had using this indicator?
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I'm sure there are pcf's for buying on the dips.
I have searched the TC site and saw references like tid 18942, etc.
How do I access this ?
tia
dave
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I'm sure there are pcf's for buying on the dips.
I have searched the TC site and saw references like tid 18942, etc.
How do I access this ?
tia
dave
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PWR will probably break its nearby old high of $18.00.
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Tnx for the reply, the one and only I might add.
I just reviewed a couple of hundred old Worden notes ; many of the stocks they featured had no p/e. Guess earnings make no difference to them.
Looking at charts of companies with no p/e did not reveal any conclusion one way or the other.
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