Pring's Special K is a cyclical indicator created by Martin Pring. His method combines short-term, intermediate and long-term velocity into one complete series. Useful tool for Long Term Investors
Function - 1) Primary Trend Reversals at a Relatively Early Stage. 2) Timing Short term Price Moves.
This indicator is always part of my analysis indicator set on stockcharts.com, Wanted to share it here. Primary Use is to find TOPs and BOTTOMS in a Market - Not 100% but the most reliable warning sign when the market is TIRED.
Drawback - Need at least 725 Bars to calculate this - Originally Developed by Martin Pring.
My Personal Goal for this Indicator is to convert this into an Overlay, with All the components (Short/Mid/Long) meaningfully plotted out. This would make this indicator far more useful in predicting the future longer term trend.
Here is the Sneak Peak on Sector Ranking tool, this indicator is part of the tool.
UDAY_C_Santhakumar
⋅
The Letters "E,B,I.....etc" are the SPY ETF last letters, XLB - B - Materials. XLE - E - Energy.
Based on this Snapshot on 60 Mins - SPY rally is supported by Energy and Materials sector.
Here is the Daily Snapshot
Alphaoptions
⋅
As a follower of these scripts and many of your scripts, I would definitely love to see the webinar - and for the project I am doing it fits perfectly if can be done soon - but not sure if that fits your time table. I know you are doing things in stages but for our learning, it might help us to learn one piece at a time so maybe you would consider a webinar series or links to several that cover each portion?
IvanLabrie
⋅
Very nice!
UDAY_C_Santhakumar
⋅
Try this, and let me know how easy to rank you stocks with this indicator.
UDAY_C_Santhakumar
⋅
For some reason the numbers on two chart did not show up in the picture.
IvanLabrie
⋅
Can barely see the numbers...how do you read this?
Also, got any instructions for your squeeze v3?
UDAY_C_Santhakumar
⋅
Squeeze V3 - the goal for that indicator was to Find squeezes on constantly gaping Securities - Using Heikin Ashi Optimization. Others are just cosmetic. If you are a 24 Hr Trading security person, the Version 2 is fine.
UDAY_C_Santhakumar
⋅
May be you need a bigger screen - My 4k Screen its good to read the numbers.
xSHADx
⋅
You have really done some excellent work, my man. Thank you so much!