No. of Recommendations: 3
The base model is
- when the EMA9 (blue) is above 0, it's bullish, otherwise bearish (-10 a little Z tweak)
That is much too fast. Too short of a time frame.
In the short term the market is very volatile, so all that is just mainly random noise.
Maybe a 9 day is useful to day traders (but probably not), but not to people making longer trades.
Indicator showing the number of stocks with new 52-week highs minus the number of stocks with new 52-week lows on the NASDAQ exchange, based on StockCharts' underlying high and low data.
Does anybody have the numerical data? Or know where I can get it?
If so, I can plug it into my spreadsheet(s) that I use to examine timing parameters. Hard numbers are much more reliable than pictures and handwaving.
