In this week's chat, I discussed an approach to finding optimal trade entry points by taking advantage of systems of oscillators. The strategy I developed is attached below for import into Prodigio. Right-click and "Save As" to your computer, then simply "Import" into your Wizard Lab environment.
The main idea from the chat is that you can use Prodigio's Wizard Lab to easily create systems of triggers and filters that combine more than one oscillator. Each technical analysis study can be thought of as a "perspective" of the underlying price or volume action. As such, viewing the market from multiple perspectives gives you insight into the nature of the markets which is difficult or impossible to ascertain with the naked eye. By creating a system that looks at the market from "multiple angles", you can narrow in on trade opportunity windows, and use a triggering condition to pick optimal entry points for trade positions. Although you can't always pick the perfect price, you can give yourself a significant edge which can mean the difference between profit and loss.
Great trading!
| Attachment | Size |
|---|---|
| CCI RMI System.wiz | 2.86 KB |



I tried to get in contact with Mike at Prodigio chat board on the following date 04/28/2011 . Still no contact from Mike. Why am I having so much trouble to get someone to identify and verify this problem. I feel if I could get someone on the phone this problem could be addressed and corrected.
I talked to berry on this very subject and he also informed me that yes there was a problem. Stilll nothing has been accomplished. He also informed me that he sent material on up the chain of command about this problem
There is no use going any further in describing exactly what the problem is until I can get someone's attention.
Chuck