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[amibroker] Re: 95% Channel formula



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--- In amibroker@xxxxxxxxxxxxxxx, "indiana0352" <cs_winn@xxxx> wrote:

> Thanks for the info.  I'm not using Boll Bands simply because Elder 
> says they're not based on volatility as BBands are.  Elder feels 
> that channels are more appropriate for stock trading because they 
> give former price targets when channel trading.
> 
> This seems reasonable to me but I wanted to see for myself.
 
I believe if there were a formula to plot an MA and 2 equidistant 
parallel bands, within which would fall 95% of prices, he would have 
provided it.

You know what price trends look like, and how volatility ebbs and 
flows as that trend develops.  Can you imagine parallel lines 
surrounding a single MA containing a fixed percentage of the price 
action?




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