Need help with Raschke's Momentum Pinball Set-Up

[Scrittitrader]

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]

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]

I prefer the momentum pinbar

 

[Black Swan]

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