System Design | JAN 1997
V.15:1 (11-19) A Daily A-D New High-New Low Market System by Dennis Meyers
A Daily A-D New High-New Low Market System by Dennis Meyers Here's a new system using daily statistics to issue buy and sell signals for the stock market. In the February 1996 STOCKS & COMMODITIES, I presented a stock market timing system called the ADL-NH-NL system, which uses as its base for generating signals the weekly advancing-declining issues (ADL) and the weekly new highs (NH) and new lows (NL) on the New York Stock Exchange (NYSE). I rigorously investigated this set of market indicators because of the anecdotal discussion that has abounded concerning the use of these market statistics. Often, articles point to comparisons of these indicators to the Dow Jones averages as confirmation of emerging upward market trends or forewarning market declines based on divergences. My February article detailed the development and rigorous testing of a weekly based method using in- and out-of-sample parameter design and models.
by Dennis Meyers, Ph.D.
Technical Analysis of STOCKS & COMMODITIES
The Traders’ Magazine since 1982
has had over 1,226,237 subscribers from 174 different countries.
37,000 Page Traders’ Archive for $89.99
To continue reading, sign-up for trial access to Traders.com and the S&C Archive — 37,000 pages of trading ideas!
After verifying your email address, you will have limited access to the S&C Archive, as well as access to a Digital Edition of S&C, and access to Traders.com Advantage and Working Money for 30 days.
Not a subscriber to Technical Analysis of
STOCKS & COMMODITIES magazine?
Click
here to subscribe, or request
a trial subscription.
Log-in now to view articles from the S&C Archive.
Your Subscriber ID is located at the top of your magazine label, highlighted here in red.
Your last name can be found on the second line, highlighted here in blue.
*If you have a company name on the label, that can also be used. It will appear below your name on the label.
If you do not have a Subscriber ID on your label, you can find it on your statement or renewal form.
For help locating your Subscriber ID number, please call us at 1-800-832-4642 or send an email to Survey@Traders.com. If sending an email, please include your name and mailing address.