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William Golson
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William Golson commented on a post on Blogger.
This post was not about a possible trading system I had found.  I was just overlaying several indicators looking for a couple that would look good for my article.  I have no idea if the cross used in my examples will give good signals or not.

My intention was to warn against a practice I have seen many MetaStock users do.   For what ever reason, two indicators will end up in the same window and show crossovers that look like a good signal.  However, the indicators were not merged.  I would then get a request for a formula to detect these cross-overs that mathematically were not happening.

I wanted to demonstrate the dangers of a signal that only exists when you are display just the right amount of data.  When the signals change as you zoom in or out or load more or less data, it makes it almost impossible to backtest reliably.  If the indicators can be adjusted to share the same curve, this danger is removed.  This was my purpose and I'm sorry if I did not communicate this clearly.

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William Golson commented on a post on Blogger.
It is just what I said in the post.  I added 50 to the Williams %R and multiplied the CMF by 100.  Its not much, but here is the formula used in the last chart:

WillR(14)+50;
CMF(14)*100;

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William Golson commented on a post on Blogger.
I used 14 periods for both
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