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--- In amibroker@xxxxxxxxxxxxxxx, "indiana0352" <cs_winn@xxxx> wrote:
> The lines are not straight and therefore are not parallel. They
> move up and down every day and will in fact look exactly like the
> MA because thats what they're based on.
"Parallel" applies to curves as well as straight lines. And it is
curves, equidistant to the MA, one above and one below, to which I
referred.
> I have the formula in Amibroker already and the channels it creates
> look quite nice and work well in both uptrends and downtrends.
> it's just that I have to adjust the coefficient manually and
> eyeball what looks like 95% of prices.
>
> I'm sure there is a way of mathematically calculating this
> formula...
Good luck :)
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