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  • Get Into the Market Oscillator (GITMO) For Equity Investing [View instapost]
    >Interesting - Could you upload your spreadsheets so we can examine the formula.

    Go to URL:

    finance.yahoo.com/q/hp?s=^GSPC&a=08&b=...

    and at the bottom of the page click on "Save as Spreadsheet". Be sure to work with the closing price.

    >Have you back tested these.

    Only on the S&P500 for the last 20 years.

    >Your Gitmo 5 appears similar to the Coppock guide indicator?

    I don't know about that indicator, but looked at its values and they are continuously-scaled (quantitative), whereas GITMO is discretized taking on mostly discrete values of 60,70,80,90,100 or near-zero values. GITMO typically won't produce a signal with hills and valleys or peaks and troughs, but rather look like a plateau.
    Sep 08 22:59 pm |Rating: +1 0
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