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hohandy UNFI and the MACD Divergence. Rate this Topic:
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scottnlena
Posted : Friday, July 20, 2007 12:36:24 AM

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Joined: 4/18/2005
Posts: 4,090
Just thought you might be interested in this .. or anyone. It seems to me that if one were going to play a divergence this is the time to play this one. I'm considering it for an entry. However I did a quick parusal of their fundamentals and they look wonderful at a glance... but that isn't what the chart says.. unless there was an aquisition in their history the chart and the fundamentals arent in sync.... but then that's why i'm mostly a technical trader.

Oh it's also got a TSV divergence.
hohandy
Posted : Friday, July 20, 2007 12:56:50 AM
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Joined: 12/21/2004
Posts: 902
yep definite divergence on both the the MACD, the MACD-H and the TSV. Real nice MACD-H divergence on the weekly too. Volume indicators are starting to look good too - but for my purposes I'd wait to see more high volume up breakout-type days before I'd consider entry. But that's my taste...
vulcan
Posted : Friday, July 20, 2007 2:49:02 AM
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Joined: 8/7/2006
Posts: 14
hohandy

Has an EASYscan for Diceman crossovers been developed using AVGC4 OR XAVGC4 of the diceman pcf?

((ABS(XAVGC3 - XAVGC8) + ABS(XAVGC5 - XAVGC8) + ABS(XAVGC10 - XAVGC8) + ABS(XAVGC12 - XAVGC8) + ABS(XAVGC15 - XAVGC8)) / XAVGC8) * 100


I have tried without success to determine how this would be written.

thanks
diceman
Posted : Friday, July 20, 2007 3:18:35 AM
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Joined: 1/28/2005
Posts: 6,049
Vulcan

If the indicator format is:

diceman = (diceman indicator)
diceman1 = (diceman indicator yesterday)
diceman2 = (diceman indicator day before yesterday)

(and so on)
---------------------------------------------------
One way to do it would be:

diceman>((diceman+diceman1+diceman2+diceman3)/4)
AND
diceman1<((diceman1+diceman2+diceman3+diceman4)/4)

-------------------------------------------------

In other words today's value is above its 4 bar average and
yesterdays value is below the previous 4 bar average.


This would be in the format:

Diceman:

((ABS(XAVGC3-XAVGC8)+ABS(XAVGC5-XAVGC8)+ABS(XAVGC10-XAVGC8)+ABS(XAVGC12-XAVGC8)+ABS(XAVGC15-XAVGC8))/XAVGC8)*100

---------------------------------------------------------

Diceman1:

((ABS(XAVGC3.1-XAVGC8.1)+ABS(XAVGC5.1-XAVGC8.1)+ABS(XAVGC10.1-XAVGC8.1)+ABS(XAVGC12.1-XAVGC8.1)+ABS(XAVGC15.1-XAVGC8.1))/XAVGC8.1)*100


------------------------------------------------------

Diceman2:

((ABS(XAVGC3.2-XAVGC8.2)+ABS(XAVGC5.2-XAVGC8.2)+ABS(XAVGC10.2-XAVGC8.2)+ABS(XAVGC12.2-XAVGC8.2)+ABS(XAVGC15.2-XAVGC8.2))/XAVGC8.2)*100

(and so on)


Thanks
diceman

vulcan
Posted : Friday, July 20, 2007 7:05:06 AM
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Joined: 8/7/2006
Posts: 14
QUOTE (diceman)
Vulcan

If the indicator format is:

diceman = (diceman indicator)
diceman1 = (diceman indicator yesterday)
diceman2 = (diceman indicator day before yesterday)

(and so on)
---------------------------------------------------
One way to do it would be:

diceman&gt;((diceman+diceman1+diceman2+diceman3)/4)
AND
diceman1&lt;((diceman1+diceman2+diceman3+diceman4)/4)

-------------------------------------------------

In other words today's value is above its 4 bar average and
yesterdays value is below the previous 4 bar average.


This would be in the format:

Diceman:

((ABS(XAVGC3-XAVGC8)+ABS(XAVGC5-XAVGC8)+ABS(XAVGC10-XAVGC8)+ABS(XAVGC12-XAVGC8)+ABS(XAVGC15-XAVGC8))/XAVGC8)*100

---------------------------------------------------------

Diceman1:

((ABS(XAVGC3.1-XAVGC8.1)+ABS(XAVGC5.1-XAVGC8.1)+ABS(XAVGC10.1-XAVGC8.1)+ABS(XAVGC12.1-XAVGC8.1)+ABS(XAVGC15.1-XAVGC8.1))/XAVGC8.1)*100


------------------------------------------------------

Diceman2:

((ABS(XAVGC3.2-XAVGC8.2)+ABS(XAVGC5.2-XAVGC8.2)+ABS(XAVGC10.2-XAVGC8.2)+ABS(XAVGC12.2-XAVGC8.2)+ABS(XAVGC15.2-XAVGC8.2))/XAVGC8.2)*100

(and so on)


Thanks
diceman





thanks diceman
I should have directed my question to you anyway.
You guys work well as a team, and I am grateful for your assistance.
vulcan
Posted : Friday, July 20, 2007 7:53:30 AM
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Joined: 8/7/2006
Posts: 14
diceman
I have created pcfs for diceman-diceman4.
What is the next step?


thanks
diceman
Posted : Friday, July 20, 2007 7:59:09 AM
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Joined: 1/28/2005
Posts: 6,049
Follow the format in my post.

If you have trouble let me know.

I dont have time right now to
put it together but will help
later if you need it.


Thanks
diceman
vulcan
Posted : Friday, July 20, 2007 8:05:06 AM
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Joined: 8/7/2006
Posts: 14
thanks diceman,
I will give it a try
hohandy
Posted : Friday, July 20, 2007 9:35:31 AM
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Joined: 12/21/2004
Posts: 902
Here's the complete Diceman crossing PCF. I've been using this a few weeks now and it works pretty well:

(((ABS(XAVGC3 - XAVGC8) + ABS(XAVGC5 - XAVGC8) + ABS(XAVGC10 - XAVGC8) + ABS(XAVGC12 - XAVGC8) + ABS(XAVGC15 - XAVGC8)) / XAVGC8) * 100) > (((((ABS(XAVGC3 - XAVGC8) + ABS(XAVGC5 - XAVGC8) + ABS(XAVGC10 - XAVGC8) + ABS(XAVGC12 - XAVGC8) + ABS(XAVGC15 - XAVGC8)) / XAVGC8) + ((ABS(XAVGC3.1 - XAVGC8.1) + ABS(XAVGC5.1 - XAVGC8.1) + ABS(XAVGC10.1 - XAVGC8.1) + ABS(XAVGC12.1 - XAVGC8.1) + ABS(XAVGC15.1 - XAVGC8.1)) / XAVGC8.1) + ((ABS(XAVGC3.2 - XAVGC8.2) + ABS(XAVGC5.2 - XAVGC8.2) + ABS(XAVGC10.2 - XAVGC8.2) + ABS(XAVGC12.2 - XAVGC8.2) + ABS(XAVGC15.2 - XAVGC8.2)) / XAVGC8.2) + ((ABS(XAVGC3.3 - XAVGC8.3) + ABS(XAVGC5.3 - XAVGC8.3) + ABS(XAVGC10.3 - XAVGC8.3) + ABS(XAVGC12.3 - XAVGC8.3) + ABS(XAVGC15.3 - XAVGC8.3)) / XAVGC8.3)) * 100) / 4) AND (((ABS(XAVGC3.1 - XAVGC8.1) + ABS(XAVGC5.1 - XAVGC8.1) + ABS(XAVGC10.1 - XAVGC8.1) + ABS(XAVGC12.1 - XAVGC8.1) + ABS(XAVGC15.1 - XAVGC8.1)) / XAVGC8.1) * 100) < (((((ABS(XAVGC3.4 - XAVGC8.4) + ABS(XAVGC5.4 - XAVGC8.4) + ABS(XAVGC10.4 - XAVGC8.4) + ABS(XAVGC12.4 - XAVGC8.4) + ABS(XAVGC15.4 - XAVGC8.4)) / XAVGC8.4) + ((ABS(XAVGC3.1 - XAVGC8.1) + ABS(XAVGC5.1 - XAVGC8.1) + ABS(XAVGC10.1 - XAVGC8.1) + ABS(XAVGC12.1 - XAVGC8.1) + ABS(XAVGC15.1 - XAVGC8.1)) / XAVGC8.1) + ((ABS(XAVGC3.2 - XAVGC8.2) + ABS(XAVGC5.2 - XAVGC8.2) + ABS(XAVGC10.2 - XAVGC8.2) + ABS(XAVGC12.2 - XAVGC8.2) + ABS(XAVGC15.2 - XAVGC8.2)) / XAVGC8.2) + ((ABS(XAVGC3.3 - XAVGC8.3) + ABS(XAVGC5.3 - XAVGC8.3) + ABS(XAVGC10.3 - XAVGC8.3) + ABS(XAVGC12.3 - XAVGC8.3) + ABS(XAVGC15.3 - XAVGC8.3)) / XAVGC8.3)) * 100) / 4)
vulcan
Posted : Friday, July 20, 2007 2:41:55 PM
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Joined: 8/7/2006
Posts: 14
thanks Hohandy,
I have been a student of Alexander Elder for sometime. The macd-h setup intrigues me.
hohandy
Posted : Friday, July 20, 2007 3:05:04 PM
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Joined: 12/21/2004
Posts: 902
You're welcome Vulcan. As you can probably tell the MACD-H is currently my favorite indicator of trend strength in it's own right - and if you combine it with the HNC/Diceman setup, it really does illustrate well the points that Elder made.
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