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I have a question in today's Worden Report.
"The Worden Report (Friday, January 4,2008)
Greetings from Sir Rocket Scientist
Sir Rocket Scientist ..., and we appreciate the humility of this one. -DW
Dear Don:
In the summer of 2004 I got interested in a submission by Sir Oversold (WR 7/15/2004), ... More often than not, you should.
Sir Oversolds indicator is:
L<((2.95*MINL15.7)-MAXH7.3)/2 AND STOC50.3<10 AND L
While mine (for overbought) is:
H>((3.05*MAXH15.7)-MINL7.3)/2 AND H>H1 AND STOC50.3>50 AND TSV3
..."
To begin with, "L<((2.95*MINL15.7)-MAXH7.3)/2 AND STOC50.3<10 AND L", per WR 7/15/04, should read as"L<((2.95*MINL15.7)-MAXH7.3)/2 AND STOC50.3<10 AND L<L1". Please make a correction.
My question is about "H>((3.05*MAXH15.7)-MINL7.3)/2 AND H>H1 AND STOC50.3>50 AND TSV3".
What TSV3 is compared with? Could it be TSV3>H1?
Thanks
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I have a question in the following Worden Report.
"The Worden Report (Friday, December 14,2007)
We Dub Thee Sir Four Scenarios
Sir Four Scenarios ... A bottle of Veuve Clicquot Ponsardin is being dispatched directly from the moat. -DW
Don:
...
Buying
...
Selling
...
4) Fourth, I have a series of five indicators which are watched as a group on one TeleChart screen: MACD (7,21,5 green and red) of the stock, MACD (7,21,5 green and red) of the industry sub-group, MS (MA10 red, MA5 green) of the stock, TSV15 of the stock (negative if it falls below zero), and ADX of the stock (6,16 green and red). If three or more of these five turn negative, the stock is sold. (Only one area is given some slack: if the TSV15 of the stock slips below zero, I watch the next day's TSV15 before determining that it counts as a negative.) The wisdom of including these indicators is that it allows factors other than price to figure in to the decision-making process. Plus, it's easy. You glance at the one screen and find yourself counting the indicators off quickly ("1-2-3-4-5!").
..."
In this report, it seems to me that Sir Four Scenarios is able to create BOTH MACD of the stock and MACD of the industry sub-group in the SAME screen. I do know how to create MACD of the stock and MACD of the industry sub-group by itself, but I don't know how to create them in the SAME screen, could you show me how to do it?
Thank you.
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