RE: UK Stocks - Watchlist and Discussion (Premium)
(2014-04-10, 06:29 PM)pcabc Wrote: It does help to calibrate myself. The MA30 (week) looked almost flat on the charts I was looking at. This seems to be heavily influenced by whether log or linear scales are used and whether the bottom of the Y axis is based around a price minimum or zero. I'll have to factor slope of the MA30 line more prominently into my screening method - so I am not caught out by 'almost' flat.
It looks like you are using the exponential moving average on your custom chart, which is not used in Weinstein's method. You should be using the 30 week simple MA.
isatrader
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.