Each of these settings
called “EFS” can be downloaded on eSignal’s site or it is a built in parameter.
Candlestick Chart – Up Green,
Down Red
3 Day Pivot Point Average –
Simple Moving Average (H + L + C)/3, Length 3 days.
5 Day Pivot Point Average –
Simple Moving Average (H + L + C)/3, Length 5 days.
13 Day Pivot Point Average –
Simple Moving Average (H + L + C)/3, Length 13 days.
50 Day Moving Average – (O +
H + L + C)/4, Length 50 Days
New Study: (Opens in a new
window)
Keltner Oscillator (ATR
Bands), Length set to 20
New Study: (Opens in a new
window)
Directional Movement (5,5)
New Study: (Opens in a new
window)
Directional Movement (14,14)
New Study: (Opens in a new
window)
CMB Oscillator (file is
cmboscillator.efs) – standard settings.
This combines RSI and various short term moving averages and is and an excellent
indicator.
Each of the stocks that are
under consideration is viewed using these settings.
A new equity window is
created for TRIN, I use $TRINQ. I use
the same Pivot Point Moving averages as above.
I have this set on 60 minutes to see the overall trading history for the
past several days.
Another new equity window is
created for S&P Futures, I use $OEX. I use the same Pivot Point Moving averages as above. I have this set on 60 minutes to see the overall
trading history for the past several days.
Another new equity window is
created for the Advance/Declines, I use $ADDQ. I use the same Pivot Point Moving averages as above. I have this set from 5 minutes to daily to
see the overall trading history for the past several days.
The Trading Plan will cover
how each is used in combination with the other indicators and software
programs.