The Arizona Rules - Rob Booker
The Arizona Rules - Rob Booker
The Arizona Rules - Rob Booker
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Chart Setup<br />
1. If you use xtick for charting, you will need the Stochastic Divergence + SMA<br />
template. You can get it here:<br />
http://www.robbooker.com/books/azrules_white.cht<br />
If you don’t use xtick, or you want to know what you’re looking at on that chart<br />
template, please move to the next step.<br />
2. You need the Slow Stochastic Oscillator, set to 9,3,3. You can alternatively use<br />
the Stochastic 30,10,10.<br />
3. You need the MACD with Histogram, set to 12,26,9. You can alternatively use<br />
the MACD 30,65,23.<br />
4. You need an 800 Simple Moving Average. Color this black or dotted black. If<br />
your charting program does not offer the 800, you need to look at the 200 SMA<br />
on a time frame 4 times greater than the one you’re looking at. (the 200 SMA on<br />
the 4hr chart is the same thing as the 800 on the 1hr). Or you can switch charting<br />
platforms.<br />
5. You need a 200 Simple Moving Average. Color this blue.<br />
6. You need a 62 Exponential Moving Average. Color this red. Woohooo, I love<br />
the 62!<br />
7. Eventually you will need to be able to plot the 89 EMA as well. But we’ll get to<br />
that later.<br />
8. You need to understand how to draw trendlines.<br />
On the next page we’ll look at what a chart might look like after you set it all up. I’ve<br />
used the 60 minute chart because I’ve tested it more than anything else and it works very<br />
well.<br />
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