Friday, April 21, 2006 4:15:20 PM
You are only concerned with two indicators in this setup up. The first indicator is the Aroon set at 8 day, and the second indicator is the MACD Histogram set at 5,15,10. When you are looking at the Aroons you want to see the Aroon Down crossing the 70 coming down, and you want to see the Aroon Up on zero. You will then notice the MACD Histogram having a sloping set of bars heading toward the signal line. When the MACD bar is 50% smaller than the previous day, it should turn positive (north). With the Aroon Up on zero the MACD is very close to crossing into growth mode. When you see the Aroon Down dropping through the 70 you should be considering buying. Money Mountain baby
Set up by Ken Goodrich. 
(man in the picture is named Robert) Photo by: martyMAC
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