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DT,
I understand why a ratio is better than usind a fixed dollar amount.
I do not understand why you suggest (H-L)/(H+L) rather than (H-
L)/Close or (H-L)/(Close*2)? I am not saying H+L is bad since it is
likely just as good as Close or Close*2. I am just wondering if H+L
is better in someway?
b
--- In amibroker@xxxx, "dtsokakis" <TSOKAKIS@xxxx> wrote:
> It is obvious that many readers did not pay attention to our
> dicsussion, re the $1 of MSFT.
> My QQQ posting had the same idea, not in absolute $ terms but in
the
> arranged relative form.
> $1 is good for MSFT when prices are around 50, but prices were
$100
> and it is better to use the relative [normalized somehow] H-L/H+L.
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