Sunday, 4 September 2011

more charts

the stochastic on the psar of the psar on close has proved to be quite interesting and is detailed for MXP on the eighth chart in the diagram to the right - very cyclic and looking to be following rise and falls quite closely - while we are at it lets add the stocastics for the psars on the vi and the macd as well, just for fun you understand

will add to the next alpha to see how this goes - the calcs are running for all companies at the moment

just a note here - its not important to know the derivation of the charts, or what a stochastic means or the other terms, apart from that it goes from 0 to 100, the important thing here is to establish a link between the pattern on each chart and the close price in black
on each chart if we can say something like 'buy when red > 80 and sell when < 10' with some degree of certainty then we stand a chance

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