Need help with Raschke's Momentum Pinball Set-Up

This is a discussion on Need help with Raschke's Momentum Pinball Set-Up within the Discretionary Trading forums, part of the Methods category; Hi - I have a question about Linda Raschke's Momentum Pinball set-up and the RSI. I'm using stockcharts.com - how ...

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Old Jul 25, 2011, 11:49pm   #1
Joined Jun 2011
Need help with Raschke's Momentum Pinball Set-Up

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!
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Old Jul 29, 2011, 3:58pm   #2
Joined Nov 2008
Re: Need help with Raschke's Momentum Pinball Set-Up

Quote:
Originally Posted by Scrittitrader View Post
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-for...m-pinball.html
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Old Jul 30, 2011, 11:47am   #3
Joined May 2010
Re: Need help with Raschke's Momentum Pinball Set-Up

I prefer the momentum pinbar
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Thanks! The following members like this post: Pazienza
Old Jul 31, 2011, 9:34pm   #4
Joined Nov 2008
Re: Need help with Raschke's Momentum Pinball Set-Up

Quote:
Originally Posted by Scrittitrader View Post
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
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