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you should look at Bollinger bands. I use them and change the parameters to
18 and 1.8 instead of default 20 periods and 2 standard dev. When it gets
very narrow it is due for a breakout in either direction. tony
-----Original Message-----
From: owner-metastock@xxxxxxxxxxxxx
[mailto:owner-metastock@xxxxxxxxxxxxx]On Behalf Of Michael Robb
Sent: Saturday, June 06, 1998 12:40 PM
To: metastock@xxxxxxxxxxxxx
Subject: MA Envelope
Thanks to all who helped with my request. I used:
mov(h,10,e)
mov(l,10,e)
It plots fine, except I am not sure it is an improvement on a MA percentage
band; at least for visualising entry and exit points. Maybe it could use
some % expansion, as it looks too narrow for Index Options. Perhaps it
would look more logical on a stock or Index.
Mike
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