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re:The reason I brought up the idea of the MA enveloped was the recollection
of a Glen Ring seminar some years ago where he mentioned using a retracement to
the envelope boundary for an entry point, subsequent to a momentum signal.
> After ploting it, there does not seem to be any reason to prefer such a
> boundary to that achieved via the BBands, or even the % bands. I do
> appreaciate the information discussing the different ways to plot this array.
One technique I heard was to use the last 10 day highs for a top and the last 8
day lows for the bottom of the envelope, then use a crossing of two full bars
below or above the channel for an entry long or short...crossing back into the
channel was not reason to go the other way until you have 2 bars on the other
side of the channel. Any input anyone ?
Wayne Walusiak
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