RE: Beginners Questions
(2013-05-02, 02:59 PM)Sapphire Wrote: How do I set the Mansfield field correctly, or at least read it. Im used to it having a 0.xx figure, but this chart is using two to four digit numbers. Or does it even matter? Should I just look at the Relative Strength direction?
You should use a Parameter of 200 on the daily charts and a Parameter of 52 on the weekly charts.
The figure doesn't matter too much, as long as they are all using the same calculation method. What you are looking for is for it to be above the zero line and rising. And you can order the charts by the Mansfield RS figure. They call it Order by Monest Relative (DESC) and is next to the twitter button.
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.