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Re: [amibroker] H&S pattern



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Hi Thomas,

Thursday, December 18, 2003, 5:43:08 AM, you wrote:

TC> For your H S buffs, enjoy a TC> little academic study here:

TC> http://www.newyorkfed.org/research/staff_reports/sr4.pdf

Very interesting.  Thanks.  I notice too, that they maintain
something I've always said, although not in these exact words:

"To ensure that the patterns do not display extreme vertical
asymmetries, the pattern should only be moderately sloped.  We
require that the right shoulder exceed, and the right trough not
exceed, the midpoint between the left shoulder and left trough.
Likewise, we require than the left shoulder exceed, and the left
trough not exceed, the midpoint between the right shoulder and right
trough."

Likewise, they have strict horizontal asymmetry requirements.  All of
this points to my main theory about these, which is basically that it
has to be rather "beautiful", and obvious, and if it isn't, it isn't.
^_-

DT, you'd probably love this.  Lots of little Greek letters in the
math formulae.  ^^_^^  (Yuki needs to go back to university to
understand all this.)

Yuki


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