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It is the upper channel only. A vertical (now minus) -50% will give
you the bottom halve (lower channel), eg the Dynamic Trend Channels
(best seen on a long term chart).
Also have a go at it, replacing the Price Indicator for Linnear Regression Line.
Regards,
Ton Maas
ms-irb@xxxxxx
----- Original Message -----
From: Guy Gordon <gordon@xxxxxxxxxxxxxxx>
To: <metastock@xxxxxxxxxxxxx>
Sent: maandag 12 april 1999 22:56
Subject: Using moving averages to define channels.
> Has anyone experimented with using two copies of a moving average to
> define a trading channel?
>
> For example, on WMT, set up a 200-day simple MA, and a second one with
> a 50% vertical shift. This forms a very nice long-term channel for
> WMT.
>
>
>
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