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<DIV>I will give a (very) brief description of the indicators.</DIV>
<DIV> </DIV>
<DIV>The Fixed Balance Point is calculated every Friday by</DIV>
<DIV>taking the weekly (high+low+close)/3. It really doesn't </DIV>
<DIV>need to be plotted, but is mostly used to base the other</DIV>
<DIV>indicators from. </DIV>
<DIV> </DIV>
<DIV>The Fixed Balance Point Step, is a 5 week average of </DIV>
<DIV>the Fixed Balance Point.</DIV>
<DIV> </DIV>
<DIV>The Dynamic Balance Point is the daily update of the</DIV>
<DIV>Fixed Balance Point.</DIV>
<DIV> </DIV>
<DIV>The Dynamic Balance Point Step is the daily update</DIV>
<DIV>of the Fixed Balance Point Step.</DIV>
<DIV> </DIV>
<DIV>Robert Krausz teaches that by watching the balance point </DIV>
<DIV>calculations of the longer (weekly) time, you have the market</DIV>
<DIV>direction (trend) for the shorter (daily) time. He also revealed</DIV>
<DIV>that the when the Dynamic Balance Point is above the Dynamic</DIV>
<DIV>Balance Point Step, then the trend is up, and opposite is true </DIV>
<DIV>for down trend. I have found that these act in much the same way </DIV>
<DIV>as a 5/25 moving average cross-over system.</DIV>
<DIV> </DIV>
<DIV>I like the Fibonacci Support & Resistance best of all, seems
(IMHO)</DIV>
<DIV>that these support/resistance areas are very easy to visualize using</DIV>
<DIV>this formula.</DIV>
<DIV> </DIV>
<DIV><IMG align=baseline alt="" border=0 hspace=0
src="cid:002301be3dde$62b4c240$e8d5fed0@xxxxxxxxxxxxxxxxx";></DIV>
<DIV> </DIV>
<DIV><BR> Best wishes,<BR> Adam Hefner.<BR><A
href="mailto:VonHef@xxxxxxxxxxxxx";>VonHef@xxxxxxxxxxxxx</A> <BR><A
href="mailto:VonHef@xxxxxxxxxx";>VonHef@xxxxxxxxxx</A></DIV>
<DIV> </DIV>
<DIV>---------------------------------------</DIV>
<DIV><FONT face=Arial size=2>-----Original Message-----<BR>From: <A
href="mailto:divenfish@xxxxxxxxxxxxx";>divenfish@xxxxxxxxxxxxx</A> <<A
href="mailto:divenfish@xxxxxxxxxxxxx";>divenfish@xxxxxxxxxxxxx</A>><BR>To: <A
href="mailto:metastock@xxxxxxxxxxxxx";>metastock@xxxxxxxxxxxxx</A> <<A
href="mailto:metastock@xxxxxxxxxxxxx";>metastock@xxxxxxxxxxxxx</A>><BR>Date:
Sunday, January 10, 1999 9:13 PM<BR>Subject: Re: Dynamic Multiple Time
Frames<BR><BR></DIV></FONT>><BR>><BR>>I don't have a copy of the bonus
issue and I can't find anything about it at the<BR>>TASC site. Would it
be possible for someone to briefly describe how to use
the<BR>>indicators?<BR>><BR>>Thanks,<BR>>Ken<BR>><BR>></BODY></HTML>
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