tag:blogger.com,1999:blog-6632462944102388509.post6912272235720974516..comments2023-09-25T05:21:38.485-07:00Comments on Fibonacci Financial: MondayRobert Campbellhttp://www.blogger.com/profile/09214258717538241014noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-6632462944102388509.post-73395132297592399352010-01-05T12:36:10.324-08:002010-01-05T12:36:10.324-08:00I like Woodies CCI because it's got a lot of i...I like Woodies CCI because it's got a lot of info at a glance He could hardly pack more indicators into a system, and still put it on one chart. The reason it will never be popular is that it takes months to learn how to use the whole program. I consider it a second opinion at this point, and if it's jiving with MoneySpy and PPS then it makes a good case. One thing I've noticed is that his Zero Line Reject works out a lot of the time. The TTM series which I've written for TOS is also good and TTM Propulsion uses the same sort of strategy as Woodies ZLR.<br /><br />My best indicator for general trend is the Andrews Pitchfork. I don't follow the instructions for it's use. I find that lining the center line up to hit the peaks and dips is more useful. Simply placing the three points on the low and then the next high and low can be deceiving. If the center-line looks right then it probably is. If not, stretch the fork around until you find it. Remember yesterday I said "Plus I feel that the fork is still developing. A break below 1.4392 would set my lower target at 1.4360, " Well that turned out to be good observation, and though it appears I missed the bottom by 16 pips. I still got in and out at the right places by watching the volume, Stochastics, and Williams %R. <br /><br />Thanks for you comment and please join us on Share-TOS.Robert Campbellhttps://www.blogger.com/profile/09214258717538241014noreply@blogger.comtag:blogger.com,1999:blog-6632462944102388509.post-70172814656477441372010-01-05T07:24:43.934-08:002010-01-05T07:24:43.934-08:00Bob,
Good calls recently...I appreciate your anal...Bob,<br /><br />Good calls recently...I appreciate your analysis. I've been digging through the TOS scripts like you, trying come up with a workable system. I stumbled onto the PPS as well and have been intrigued with it. Was wondering if you find it valueable in conjunction with your other indicators or on it's own? Also was wondering about how you pick the pivots for your pitchforks? I tried using Woodies CCI a while back, but found that if I'm going to look for patterns, I'd rather look directly at price instead of picking patterns out of an indicator.<br /><br />Cheers,<br /><br />Todd BTodd Bnoreply@blogger.com