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Robert Doeden wrote:
> The OBTR as charted by Livewire using 10-10-10 settings
> visually looks like a slow reacting MACD chart with two
> oscillating lines. It no more correlates to the price than
> MACD does.
Well, I must be missing something.
What exactly are these 10-10-10 settings? If OBTR is analogous
to OBV then all that's being considered is the close relative
to the previous close, which determines whether the true range
is added, subtracted, or ignored ...
Thanks,
CAB VINTON
cvinton@xxxxxxxxxxxxxx
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