Recent content by fernandok

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    What is behind the number 14 used in oscillators like RSI and stochastic?

    Thank you very much. Hurst was mentioned in the Murphy's TA book. I should take a look at the work of Hurst to understand that topic better. But yeah, I use RSI and stochastic in every chart because they can be useful in very specific situations. The lower the time frame, the more uncommon is to...
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    What is behind the number 14 used in oscillators like RSI and stochastic?

    Thank you for telling me that. Could you tell me where Wilder talk about that? Is it in his "New Concepts" book? Would you mind if I make another question? I'd like to know why the "passing of time" is more important in those oscillators. My system is based on a professional trader and recently...
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    What is behind the number 14 used in oscillators like RSI and stochastic?

    I've heard about that. But there are some days inside those 28 days that the market is close, so it wouldn't get all of those 28 trading days.
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    Please convince me that technical analysis works

    Backtesting, in my opinion, doesn't work well because usually the results are not convicing, or it'll become bad in practice even if it appears to be good. That statistic study used in academics doesn't work well most of the time in the markets, because many things are happening at the same...
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    What is behind the number 14 used in oscillators like RSI and stochastic?

    Hi, I'm new here. I trade futures. I know how to use those indicators and their calculations. I'm just curious about the meaning behind the number 14. When it comes to market cycles, usually the number 2 is used either to multiply or divide a cycle. One can study cycles of 5 or 10 trading days...
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