Subject: Re: My new Program
Elan,
My attempt at getting BCC signals is based on SPY and on the 20th there were 816 new highs and 2150 new lows according to BarChart. Your numbers are from the NASDAQ. Quite a difference. Robbie's URL which gets the signals from GTR1 indicates it is based on SPY. I am a novice when it comes to the Stock Market and I am open to suggestions for how to approach this problem. My strength (what little there is) is in the "scraping" of web pages and the programming. I need someone who really knows the market to lay out methods and free sources of information so that I get on the best track.
Jim,
I recognize a need for soothing in what I am trying to do with NH-NL but I need suggestions on how to approach it. I guess it is smoothing that Robbie does with the simple moving average when he calculate the SMAdiff as the difference between today's SMA and the SMA from ten days ago. Would something like that work?
Larry