Jump to content

leo1177

Members
  • Posts

    208
  • Joined

  • Last visited

  • Days Won

    2

Posts posted by leo1177

  1. commercials:

    MovingAvg (Open - Close , bars used in average) / MovingAvg

    (Range , bars used in average) * 50 + 50

     

    large trader:

    MovingAvgMod (Close - Close.8 , bars used in average) / MovingAvgMod (True Range , bars

    used in average) * 50 + 50

     

    This is a very simple index. All I am doing is taking a moving average of the open minus

    the close for eight weeks and dividing that by the moving average of the true high minus

    the true low for the same eight weeks. In other words, we are looking at the relationship

    between the open and the close as a percentage of the range. That is all there is to it. I

    think the reason this works is because, unlike the public who buys based on closing

    activities, the Commercials tend to buy based on opening activity indications.[-O<

  2. I use weekly timeframe beacause the new cot data comes every week, but i dont think that the cot are a good trading tool... if you use the cot index, most the time the commercials will be heavy long and the price will be in a strong downtrend. Be careful.... larry said it is for him only a set up tool, and no timingtool...

    The only thing what i found with the cot data, if there are divergence beetween price and small speculats or large speculants, it can happens that the trend change.... but it is diffelcult to trade....

×
×
  • Create New...