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Witold,
While the peak and trough graphs look dramatic, unless you have a share that is really slow moving, I think its peak and trough is
an untradeable method. Peak and trough best use is probaly in identifying when (at what time, ie the date) that a reversal
occurred. This useful if you then wish to use fibonacci or some other timing method. This way you look at the last 3 or 4 peaks
and troughs to see what the natural period is, so that you can guage when the next might occur, but use other faster reacting
indicators for the determination of the actual execution.
P
----- Original Message -----
From: "Witold Dabrowski" <witold_dabrowski@xxxx>
To: "amibroker" <amibroker@xxxxxxxxxxxxxxx>
Sent: Monday, October 08, 2001 8:41 PM
Subject: [amibroker] Re: Peak function II
> Hi Dimitri,
>
> In the picture are my explanation. Please look.
>
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