I tend to use the following indicator on most of my chart work , as it is a leading indicator and tends to give an impression of what could occur next week. You just nominate the day in advance that you require a price, overlay it on recent transactions and presto there it is . None of these cure fitting using bollinger bands or macd for me this is the rear Mcoy, you can have it shown as an oscillator or an exponential trend line.
THE YAQONA INDICATOR This indicator ia a variation of the more basic Harmano indicator. It leads more weight to past metrics in the sector and actually inserts historical data to replace ill founded recent data. Can be used with a trailing stop loss such as the DB76 indicator. Some investors use the Mangels indicator as a exit signal but it can give many false whipsaw signals and needs to be smoothed using a 21 day average.
I just checked out the YAQONGA INDICATOR on the ESG chart and it looks like Monday is going to be a good day, the price is on my screen but I am prohibited from posting it, should be permitted at 4.10 pm Monday . Have a good week ...... We need it .
Mattocks
ESG Price at posting:
72.0¢ Sentiment: Hold Disclosure: Held
