|
PureBytes Links
Trading Reference Links
|
Tom,
I don't like the idea of doing the regression channel on the moving
averages since I'm using the channels for entrance and exit points on the
stock action. That doesn't mean that you don't have a good idea, just that
I don't like it <G>. I'll have to look at your idea on RSI on several
charts. You may have something there. I really would like to have some
hard and fast rules for constructing Raff Regression channels, but that may
be asking too much <G>.
Jim
----------
> From: Tom Barry <tombarry@xxxxxxx>
> To: Guy Gordon <gordon@xxxxxxxxxxx>
> Howdy Guy , Jim;
>
> I have been looking at this problem of " where to start/stop Raff
> Channels.
> Two areas that I have been looking at to alleviate the uncertainty:
>
> 1) Use RSI extremes (above 80 0r below 20) as start stop points.
> Notice on your APM chart that the RSI extreme would have given a good
> channel similiar to your smaller channel. I have been looking at this
> approach and trying to see if it holds up and makes sense. It says that
> you start a channel when the momentum peaks.
>
> 2) Approach #2 :
> Forget about the closing prices !
> Build your Raff Channel about the Moving Average that you are using.
> For instance,a Raff channel about the 20 day EMA or 20 day TSF.
>
> I would like to hear any comments you might have on these two
> approaches.
|