Need help with Raschke's Momentum Pinball Set-Up

Scrittitrader · Jul 25, 2011

Hi - I have a question about Linda Raschke's Momentum Pinball set-up and the RSI.

I'm using stockcharts.com - how do I plot a 3 period RSI of a 1 period rate change as she suggests in stockcharts.com?

Do I simply set RSI to 3 on the Daily Chart or is there some other parameter I need to change? And I am assuming that she is looking at the daily chart in relation to the RSI (3) - but is she using an intraday chart for entry/ exit?

If you are familiar with her book, I'd sure appreciate some advice.

Thanks!

Black Swan · Jul 29, 2011

Scrittitrader said:
Hi - I have a question about Linda Raschke's Momentum Pinball set-up and the RSI.

I'm using stockcharts.com - how do I plot a 3 period RSI of a 1 period rate change as she suggests in stockcharts.com?

Do I simply set RSI to 3 on the Daily Chart or is there some other parameter I need to change? And I am assuming that she is looking at the daily chart in relation to the RSI (3) - but is she using an intraday chart for entry/ exit?

If you are familiar with her book, I'd sure appreciate some advice.

Thanks!

I am familiar with her book street smarts, some good strats in there, why can't you change the rsi to 3? As for momentum pinball It's a goodun if thats your thing, here's a fuller explanation from a few guys who worked it..

http://strategy4forex.com/simple-forex-strategy/forex-strategy-momentum-pinball.html

Chartsy · Jul 30, 2011

I prefer the momentum pinbar

Black Swan · Jul 31, 2011

Scrittitrader said:
Hi - I have a question about Linda Raschke's Momentum Pinball set-up and the RSI.

I'm using stockcharts.com - how do I plot a 3 period RSI of a 1 period rate change as she suggests in stockcharts.com?

Do I simply set RSI to 3 on the Daily Chart or is there some other parameter I need to change? And I am assuming that she is looking at the daily chart in relation to the RSI (3) - but is she using an intraday chart for entry/ exit?

If you are familiar with her book, I'd sure appreciate some advice.

Thanks!

Meant to include this link too, She includes a few set ups, some of which she considers high probability set ups, part of the focus in street smarts

http://www.lbrgroup.com/index.asp?page=FAQ

Need help with Raschke's Momentum Pinball Set-Up

Scrittitrader

Junior member

Black Swan

Chartsy

Experienced member

Black Swan

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