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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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