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Mrbaffalo
04-28-2008, 08:32 AM
Hello everyone,
I'm trading stocks based on eod timeframe, I have some doubt on the stf usage, example the scanner gives me some stocks for a long setup (ts3) but the stf is still red on both daily and weekly compression.
While trading eod do I need to look at the stf (weekly and daily) coloured by red for sells and blue for buys? If the stf is black any long or short trades can be considered as in realtime? I know stf is lagging so I would like to have some more tips on that.

Thanks in advance guys...
Marce

Mrbaffalo
04-29-2008, 03:17 AM
Steve? Tony? and the MTP's gotha.....any suggestion? :)

Tony Beckwith
04-29-2008, 04:06 AM
Marce

EOD Buy set-ups should be supported by a blue or black STF (representing the weekly trend); Sell set-ups should be supported by a red or black STF.

An exception is where the set-up is a TS1 - then the colour of the STF can be ignored because this is the first correction to a move off an important low/high so the STF colour will usually be lagging.

http://www.mtpredictor.com/pricing/documents/Tendhelpfile.pdf in the Support section.

Thanks

Tony.