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manuel,
if you use the std dev channels tool , which is the one with a "D" on it on
the toolbar, then go to properties, right click, then you can set units to
the number of std devs out you want the channel plotted. Jim suggests
picking the smallest (fibonacci type) number that envelopes the data,
starting at 2 and working towards 1
-----Original Message-----
From: Manuel Barquin <ALEMANIA@xxxxxxxxxxxxxxxxxxxxx>
To: Metastock@xxxxxxxxxxxxx <metastock@xxxxxxxxxxxxx>
Date: 21 April 1999 17:54
Subject: RE: Building blocks - Trend channels
>Adam: Thanks for your two messages on standard deviation channels. The
>channels that I see on the Metastock left tool bar is the Raff Regression
>Channel button which I do not kow if this one is similar to the standard
>deviation channel. From the MS help "A Linear Regression trendline is used
>to construct Raff Regression Channels (see Raff Regression Channels).
>Developed by Gilbert Raff, the channel is constructed by plotting two
>parallel, equidistant lines above and below a Linear Regression trendline.
>The distance between the channel lines to the regression line is the
>greatest distance that any one high or low price is from the regression
>line".
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