nmike

HEAD & SHOULDERS

BATS:KOG   None
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3
Contrary to popular textbook definition, Head and Shoulder patterns do not have to be perfect. To me they are nothing more then a TRIPLE TOP or BOTTOM with a higher high or lower low accompanied (most of the time) by DIVERGENCES
and the falling / rising of THE GREAT FISHER.

Comments

Great chart, but how did you modify the Fisher to show these red coloured kind of hills and troughs ? I tried to enter Fisher 144 here but it just gave me a simple 2 line indicator. Thanks for all the ideas !
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Hello,double click on any of the 2 FISHER lines, in the window properties click styles.On the TRIGGER choose HISTOGRAM.
A note on the look back periods of the Fisher,the 60, 100,144,200 are the ones I use depending on the historical performance and time frame.The 144 is most used.
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