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George,
The bottom line, just under the bottom of the channel. The idea is to
be stopped out when the channel breaks,
JimG
-----Original Message-----
From: George Ashton <golden1@xxxxxxxxxx>
To: metastock@xxxxxxxxxxxxx <metastock@xxxxxxxxxxxxx>
Date: Monday, January 04, 1999 7:17 AM
Subject: Jim Greening Deviation
>Jim,
>
>" For setting the stops, I set the deviation at 1 and set my stop at the x
>3/4 point just under the bottom of the channel. The reason for the 3/4
>number under the channel is again that specialist like to drive a stock to
>whole numbers, so a stop 1/4 under a whole number is less likely to be hit.
> The reason for setting the deviation at 1 "
>
>Which line do you refer to Jim, the central or bottom line of the standard
>deviation? Thanks.
>
>George.
>
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