How to apply this as afl-please help

#1
Hi friends-experts

Here is a thing a friend sent me.
I cant figure out line 4.
The Oscillator means which oscillator? is it price osc? or rsi or satoch?
Can anybody help me please!
HTML:
[B]Help  identify the "Trend Continuation Trade" setup.
When you see this setup, wait for confirmation.
DEFINITION OF THE SETUP:
1. 50 SMA angles up/down - only take trades in the direction of that angle.
2. Price retraces and at least touches the 15 EMA
3. The 15 EMA and 20 EMA have space between them
4. Oscillator has retraced to an extreme (<=10; >=90).[/B]
I wish to crate an afl for ocillator and top part with ema etc

regards
ford
 

KelvinHand

Well-Known Member
#4
Hi friend

Thank you for the hint.I will try it now.
regards
ford
Why don't you tell people where you find the source of information.
It will be easy for people to tell you what oscillator it is using instead of guessing. http://www.futurestalk.net/trainingbarry.htm

Dr. Barry Burns using Stochastic(%K=5, Slowing=2,%D=3) as the oscillator and MACD(ema5, ema20,ema30) as momentum indicator in his TOP DOG system.http://www.topdogtrading.com/
So far i did not see him using RSI.
 
Last edited:

PartTime_Trader

Well-Known Member
#5
Why don't you tell people where you find the source of information.
It will be easy for people to tell you what oscillator it is using instead of guessing. http://www.futurestalk.net/trainingbarry.htm

Dr. Barry Burns using Stochastic(5,2,3) as the oscillator and MACD(ema5, ema20,ema30) as momentum indicator in his TOP DOG system.http://www.topdogtrading.com/
So far i did not see him using RSI.
Hello Kelvin

Thanks for the links. The url you posted further lead to a nice page with 5 sample trading plans.


For anyone interested in it here is the link http://www.futurestalk.net/tradingplans.htm


Cheers
::thumb::
 

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