weekend charting march 18-20, page-122

  1. 18,874 Posts.
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    Hi 10C,
    Sure thing first add this formular to the Dema Filter in MS Dema(RSI(55),7) To get the main Dema(Black)

    Then this Formular to another Dema Filter to get the Short Entry (Blue) Dema(RSI(5),3)

    Then this Formular to another Dema Filter to get the Short Exit (Red) RSI(14)
    Just paste them in to the Formular Box.

    The Red & Blue act as early warnings to what the main Dema is about to do when they cross above it games on most of the time.
    The Main Dema Black cuts out a lot of Whipsaws when other Inds are screaming Over Bought.
    Its very good for keeping you in the trade on Fast Trending Stocks on a Big Run.
    When it hits the line at 70 it 90% of the time comes off for a retrace unlike Stoch RSI & Macd which can turn again mid stream and go again.
    A Top on the Dema of 70 is more than likley the Top... as is a Bottom of 30/40 most likley the Bottom.
    Look at the Chart Below the MA's have a Golden Cross on them but all Inds are saying over bought except the Dema it still has a long way to go to get to 70 and chance's are it will if you look at the Range it Traded last time it had a Golden Cross (Black Line).
    I put a line at 54 when the Dema crosses this it most of the time comes back to retest the 54 and go's again this is a Long Entry Point if yo missed the first turn,I scan the market for this point it cuts out a lot of rubbish this one came up on my market scan today so a good example.
    Note the White Cricles they are a Bullish Dema.
    The Red Boxes is a Bearish Dema.
    The Green Box is a Sideways Dema.
    If you had traded the Dema on this stock you would have stayed in the trade longer and maxed your proffits.IMO
    Cheers Pete


 
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