(C) 2016 Wm. Schmidt, Ph.D.
========================
NID usually coincides or leads short-term price movements.
IDOSC was created by Marc Chaikin in 1980s.
NID tells you each day the number of stocks in a directory
that are rising minus those that are falling.
Uses
Sell rallies to price new highs where NID fails to
confirm make a corresponding new high by a wide
margin and turns down. Best to use when Peerless
is on a Sell. Best to use when there are other non-
confirmations of new highs.
Sell on turns down by NID from an over-bought
condition when Peerless is on a Sell. NID is overbought
above +24. But it can reach +31.
Buy declines by prices new lows where NID fails to
confirm and make a corresponding new low by a wide
margin and then turns up. Best to use when Peerless
is on a Buy. Best to use when there are other non-
confirmations of new lows.
Sell on turns up by NID from an oversold condition
when Peerless is on a Buy. NID is oversoldt
below -24. But it can reach -31.
Recommendation:
Download the 2005-2016 DJI+30 + DIA data files
to DJI-2005...DJI-2016, Select one of these years
and play with the vertical line command to see
how well these rules played out in support of
Peerless signals.
Open and Run if You are using
TigerSoft.
DJI-2005 DJI-2006 DJI-2007 DJI-2008
DJI-2009 DJI-2010 DJI-2011 DJI-2012
DJI-2013 DJI-2014 DJI-2015 DJI-2016
These downloads will also let you plot the charts
DIA each year and also rank the stocks to see
which ones were the "Tahiti" highest AI/200 pick
at the end of each year.
DIA - Stochastic-5 graphs for each year...
