[nolajy]

Has anyone ever used SMR or looked the charts they produce with the SMR indicator. Disclaimer ..if so has anyone seen an indicator that looks similar or do they know the indicator or formula that is used?
Chick Goslin talks about teh SMR charts extensively in his book.. the charts can be seen at smr.com?
Thanks,
Nolajy

[ant]

Originally Posted by nolajy »

Has anyone ever used SMR or looked the charts they produce with the SMR indicator. Disclaimer ..if so has anyone seen an indicator that looks similar or do they know the indicator or formula that is used?
Chick Goslin talks about teh SMR charts extensively in his book.. the charts can be seen at smr.com?
Thanks,
Nolajy

The indicator is a MACD(3, 10, 16) using simple moving averages. Linda Raschke uses it and it is one of the few indicators that I use too.

[nolajy]

thank you, but I am mixed up since the dots seem to hug dips closely in an uptrend.. whereas the MACD would be broken? did you see the bharts on their site? With the dots.. if that is a MACD i haven't seen it like that before.. thanks for your input?

[ant]

Originally Posted by nolajy »

thank you, but I am mixed up since the dots seem to hug dips closely in an uptrend.. whereas the MACD would be broken? did you see the bharts on their site? With the dots.. if that is a MACD i haven't seen it like that before.. thanks for your input?

Nolajy, compare the attached chart of Corn to the SMR chart at http://www.smr.com/tblC_06U.pdf.

[nolajy]

thank you i see now

[dupaski]

Originally Posted by ant »

The indicator is a MACD(3, 10, 16) using simple moving averages. Linda Raschke uses it and it is one of the few indicators that I use too.

I know you don't use many indicators. Why do you choose to use the 3/10-16?

[ant]

Originally Posted by dupaski »

I know you don't use many indicators. Why do you choose to use the 3/10-16?

You're right dupaski. The 3/10 oscillator is one of the indicators I started with and like it for two reasons: to highlight divergences and to identify momentum highs/lows, which I use sometimes to filter out false breakouts on a lower timeframe. These were techniques I learned from Linda Raschke that do quite well on there own. However, I've been focusing mostly on Volume analysis so this indicator's days are numbered. The other indicator I use is the Keltner Channel.

[PipsTrader]

I like to use the 3,5 and 20 day MACD's for tracking pairs. I've also found
that any shorter term indicators are less usefull.