Where to find an "over-reaction"/ "went up too far" indicator....

Discussion in 'Trading' started by athlonmank8, Sep 21, 2009.

  1. Have a look at Pair Trading at Wealth-Lab.com under strategies. That's the best overbought, oversold shell model program out there, and was written circa March 2000 in Active Trader Magazine. Requires substantial mods, but the shell indicator is in tact.
     
    #11     Sep 21, 2009
  2. mtp666

    mtp666

    What did you have the period set to? I set it to 9 at 15 min interval charts and it seemed to do its job.

     
    #12     Sep 21, 2009
  3. NoDoji

    NoDoji

    I use 3 min charts and I only use stochs to guide exits and very occasionally entries in a range or a trending range. I actually didn't trade AIG today, though when it drifted down slowly after the first 2-leg run up and consolidated it looked like a good long and I'm still regretting not buying it at that point.
     
    #13     Sep 21, 2009
  4. Lomb algo
     
    #14     Sep 21, 2009
  5. this thread is funny, it exists
     
    #15     Sep 21, 2009