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Right you are. The variable width of the Equi-volume and
Candle-Volume charts distorts the date axis. This leads to a slightly
different trendline, and (in this case) an earlier buy.
But is it valid? It worked (<font="envy green"> great </font> this
time, but what about in general?
On Wed, 30 Apr 97 21:20:23 UT, you wrote:
>Guy,
> That explains why we have a slightly different channel. Candle Volume
>charts, which I use, will give slightly different trend channels due to the
>variable width of the bars which is a function of volume. They tend to
>trigger a little faster than the standard HLC bar charts since they can cover
>a lot of horizontal distance on a big volume day.
>Jim
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