[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]

PatternSmasher: set ups for 06/14/1999 [Market averages at critical levels]


  • To: "Metastock-List" <metastock@xxxxxxxxxxxxx>
  • Subject: PatternSmasher: set ups for 06/14/1999 [Market averages at critical levels]
  • From: "A.J. Maas" <anthmaas@xxxxxx>
  • Date: Tue, 15 Jun 1999 21:02:50 -0400 (EDT)

PureBytes Links

Trading Reference Links

<x-html><!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN">
<HTML><HEAD><TITLE>Kasanjian Research Newsletter</TITLE>
<META content="text/html; charset=iso-8859-1" http-equiv=Content-Type><BASE 
href="file://C:\Windows\Desktop\Pattern Smasher\program\">
<META content=tlb name="Microsoft Border">
<META content="MSHTML 5.00.2614.3401" name=GENERATOR>
<META content="MSHTML 5.00.2614.3401" name=GENERATOR>
<META content="MSHTML 5.00.2614.3401" name=GENERATOR>
<META content="MSHTML 5.00.2614.3401" name=GENERATOR>
<STYLE></STYLE>

<META content="MSHTML 5.00.2614.3401" name=GENERATOR></HEAD>
<BODY aLink=#808080 bgColor=#ffffff link=#000080 text=#000000 vLink=#b591b5>
<DIV>
<DIV>Quality Resarch made by the Pattern Smasher program.</DIV>
<DIV>&nbsp;</DIV>
<DIV>Program is pricy, but does do a tremendous job in finding (and direct 
commenting on</DIV>
<DIV>spotted) patterns. (I do not own the program as yet, therefore&nbsp;(up 
till now) "only" go by</DIV>
<DIV>the newsletter's recommendations (made available from my newsletter 
subscribtion).</DIV>
<DIV>
<DIV>&nbsp;</DIV>
<DIV>Check out these very critical Dow+Nasdaq patterns(H+Ss) spotted by the 
PS-program.</DIV></DIV>
<DIV>Below is my personal interpretation of the set up's current 
comments&nbsp;for the Dow.&nbsp; </DIV>
<DIV>
<DIV>(set up = per day (pattern) stand (position) on market's expectation, based 
on by program</DIV>
<DIV>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 
&nbsp;discovered pattern(s)).</DIV></DIV>
<DIV>&nbsp;</DIV>
<DIV>--------------</DIV>
<DIV>The Set up's comment on the Dow Chart's pattern + my interpretation of 
it:</DIV>
<DIV>&nbsp;</DIV>
<DIV>06/09/14: "A break of the red horizontal line just below 10500 (near Pivot 
low), will be</DIV>
<DIV>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 
&nbsp;the first&nbsp;time,&nbsp;since the Sept(98) Lows, where a Swing starts at 
a lower High</DIV>
<DIV>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 
(Mrch99)&nbsp;and&nbsp;breaks a prior Pivot low(May99).</DIV>
<DIV>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 
The current set up is a mirror image of this bottom, which had a Swing 
starting</DIV>
<DIV>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 
&nbsp;from a higher&nbsp;Low(Mrch99) take out the prior Swing 
high(Feb99)".</DIV>
<DIV>&nbsp;</DIV>
<DIV>i.e. based on the pattern's developments this far, the most likely next 
action will&nbsp;either be</DIV>
<DIV>the set up top comment's&nbsp;possible&nbsp;break to the downside of the 
Irregular Diamond's</DIV>
<DIV>Descending (H+Ss) Triangle(=bearish), but more likely, the Price(Dow) to 
reside in a</DIV>
<DIV>(possible 2-months lasting) Trading Range, with levels just below Pivot 
Low(May99) and</DIV>
<DIV>just above 10700 (minor PullBack high). This is&nbsp;also part of the 
image&nbsp;seen on chart in</DIV>
<DIV>the 2-months TR(Jan-Feb99) prior to the start of the&nbsp;set up top 
comment's&nbsp;Swing example,</DIV>
<DIV>so therefore, continue to watch the chart daily, should the Price(Dow) 
decide otherwise, eg</DIV>
<DIV>with a possible Triangle pattern's breakout move to the upside(=bullish), 
testing the</DIV>
<DIV>All Time High (May99).</DIV>
<DIV>--------------&nbsp;&nbsp;<BR></DIV>
<DIV>A suggestion to Kasanjian Research is to have an accompanying comment 
always added</DIV>
<DIV>to the on Chart's also always present current set up comments, i.e.</DIV>
<DIV>as to&nbsp;the future (but also most current) possibility&nbsp;of a now 
unexpected move into the (an)other</DIV>
<DIV>direction (or no direction, eg sideways), which therefore also 
requires&nbsp;viewer/user to</DIV>
<DIV>urgently&nbsp;continue to watch the Chart on a daily basis, eg for 
next&nbsp;days and&nbsp;for a than&nbsp;possible</DIV>
<DIV>made (turnaround) change in the than on Chart (always) present "current" 
set up readings</DIV>
<DIV>(eg the patterns implementations output).</DIV>
<DIV>&nbsp;</DIV>
<DIV>Thus my suggestion:</DIV>
<DIV>Adding an extension to&nbsp;the set up's comments section</DIV>
<DIV>&nbsp; "of the next &lt;slightly&gt; possible (surprise) action 
that&nbsp;can be made by Price into the than</DIV>
<DIV>&nbsp;&nbsp; &lt;unexpected&gt;&nbsp;different opposite direction (or no 
direction), should set up's&nbsp;comment(s)</DIV>
<DIV>&nbsp; &nbsp;only proove to be&nbsp;correct for&nbsp;the current 
day(=Charts date)&nbsp;but incorrect&nbsp;from this</DIV>
<DIV>&nbsp;&nbsp; &lt;in future possible&gt;&nbsp;surprise move,&nbsp;i.e. than 
made&nbsp;&lt;after&gt; the for that moment(=Charts date)</DIV>
<DIV>&nbsp;&nbsp; valid&nbsp;+ current&nbsp;set up's reading (of the 
pattern)".</DIV>
<DIV>&nbsp;</DIV>
<DIV>Good work done so far by the PS-program,</DIV>
<DIV>&nbsp;</DIV>
<DIV>Regards,<BR>Ton Maas<BR><A href="mailto:ms-irb@xxxxxxxxxxxxx";><FONT 
color=#0000ff>ms-irb@xxxxxxxxxxxxx</FONT></A><BR>Dismiss the ".nospam" bit 
(including the dot) when replying.</DIV>
<DIV>&nbsp;</DIV>
<DIV>cc: -Kasanjian Research (for the adding to web Charts&nbsp; -and in the 
program-&nbsp; the above mentioned</DIV>
<DIV>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 
suggestion, and a request to also include Diamonds to the "patterns to</DIV>
<DIV>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 
search for"-list).</DIV>
<DIV>bcc: -Dutch MetaStock Users Group (NL)</DIV>
<DIV>&nbsp;</DIV>
<DIV>============================================</DIV>
<DIV>&nbsp;</DIV>
<DIV>----- Original Message ----- 
<DIV>From: Kasanjian Research &lt;<A 
href="mailto:info@xxxxxxxxxxxxxxxxxxxxx";><FONT 
color=#0000ff>info@xxxxxxxxxxxxxxxxxxxxx</FONT></A>&gt;</DIV>
<DIV>To: Ton Maas</DIV>
<DIV>Sent: dinsdag 15 juni 1999 10:45</DIV>
<DIV>Subject: Market averages at critical levels</DIV></DIV>
<DIV><BR></DIV>
<DIV>Market averages at critical levels.&nbsp; Click below to view charts of Dow 
and<BR>NASDAQ Composite.<BR><BR><A 
href="http://www.kasanjianresearch.com/setups/6.14.99/default.htm";><FONT 
color=#0000ff>http://www.kasanjianresearch.com/setups/6.14.99/default.htm</FONT></A><BR><BR><BR>Contact 
Kasanjian Research:<BR></DIV>
<DIV>Email: <A href="mailto:info@xxxxxxxxxxxxxxxxxxxxx";><FONT 
color=#0000ff>info@xxxxxxxxxxxxxxxxxxxxx</FONT></A><BR>Web: <A 
href="http://www.kasanjianresearch.com/";><FONT 
color=#0000ff>www.kasanjianresearch.com</FONT></A><BR><BR>Sales in US: 888 
220-9789<BR>Support/International: 909 337-0816<BR>Fax: 909 337-8388<BR></DIV>
<DIV>Mail:<BR>Kasanjian Research<BR>PO Box 4608<BR>Blue Jay, CA 92317<BR></DIV>
<DIV>---<BR></DIV></DIV>
<DIV>&nbsp;</DIV><!--msnavigation-->
<TABLE border=0 cellPadding=0 cellSpacing=0 width="100%">
  <TBODY>
  <TR>
    <TD>
      <H1 align=center>&nbsp;</H1></TD></TR><!--msnavigation--></TBODY></TABLE><!--msnavigation-->
<TABLE border=0 cellPadding=0 cellSpacing=0 width="100%">
  <TBODY>
  <TR>
    <TD vAlign=top width="1%">
      <P align=left>&nbsp;</P>
      <DIV align=center>
      <CENTER>
      <TABLE border=0 cellPadding=0 cellSpacing=0 height=314 width=93>
        <TBODY>
        <TR>
          <TD bgColor=#ffffff borderColor=#000000 borderColorDark=#000000 
          borderColorLight=#000000 height=314 vAlign=top width=93><A 
            href="http://www.kasanjianresearch.com/Default.htm";>Home</A> 
            <P><A href="http://www.kasanjianresearch.com/about_kr.htm";>About 
            Us</A></P>
            <P><A href="http://www.kasanjianresearch.com/about_ps.htm";>About 
            PatternSmasher</A></P>
            <P><A href="http://www.kasanjianresearch.com/contact.htm";>Contact 
            Us</A></P>
            <P><A 
            href="http://www.kasanjianresearch.com/feedback.htm";>Feedback</A></P>
            <P><A 
            href="http://www.kasanjianresearch.com/kasanjianresearch_list.htm";>Our 
            Newsletter</A></P></TD></TR></TBODY></TABLE></CENTER></DIV></TD>
    <TD vAlign=top width=24></TD><!--msnavigation-->
    <TD vAlign=top>
      <DIV align=center>
      <CENTER>
      <TABLE border=0 cellPadding=0 cellSpacing=0>
        <TBODY>
        <TR>
          <TD>
            <H2 align=left>Kasanjian Research Newsletter</H2>
            <BLOCKQUOTE>
              <H3 align=left>Our free newsletter will keep you up to date with 
              the following information:</H3>
              <BLOCKQUOTE>
                <UL>
                  <LI>
                  <P align=left>Significant changes we make to PatternSmasher 
                  (such as making it real-time)</P>
                  <LI>
                  <P align=left>Weekly or bi-weekly examples of setups that 
                  PatternSmasher helped with, so that you can watch the results 
                  of PatternSmasher's predictions at the same time that we 
do</P>
                  <LI>
                  <P align=left>News about any additional services we begin, or 
                  notification about changes to our 
              services</P></LI></UL></BLOCKQUOTE></BLOCKQUOTE>
            <BLOCKQUOTE>
              <HR>
            </BLOCKQUOTE>
            <BLOCKQUOTE>
              <H4 align=left>To Join:</H4>
              <BLOCKQUOTE>
                <P align=left><A 
                href="http://earth.lyris.net/cgi-bin/lyris.pl?join=kasanjianresearch";>Click 
                here</A> to sign up for Kasanjian Research's newsletter</P>
                <P align=left>Or send a message to <A 
                href="mailto:join-kasanjianresearch@xxxxxxxxxxxxxxx";>join-kasanjianresearch@xxxxxxxxxxxxxxx</A></P></BLOCKQUOTE>
              <P align=left>&nbsp;</P>
              <H4 align=left>To View Past Setups:</H4>
              <BLOCKQUOTE>
                <P align=left>You can see examples of setups that we have sent 
                to our newsletter in the past.&nbsp; To view the archive of 
                setups, <A 
                href="http://www.kasanjianresearch.com/Setups/Default.htm";><B>click 
                here</B></A>.</P></BLOCKQUOTE>
              <P align=left>&nbsp;</P>
              <H4 align=left>To Unsubscribe:</H4>
              <BLOCKQUOTE>
                <P align=left>To unsubscribe from our newsletter, do one of the 
                following:</P>
                <UL>
                  <LI>
                  <P align=left>Send a message to your personal unsubscribe 
                  address listed at the bottom of every list message (preferred 
                  method).</P>
                  <LI>
                  <P align=left>Or send a message to <A 
                  href="mailto:leave-kasanjianresearch@xxxxxxxxxxxxxxx";>leave-kasanjianresearch@xxxxxxxxxxxxxxx</A></P>
                  <LI>
                  <P align=left>Or <B><A 
                  href="http://earth.lyris.net/cgi-bin/lyris.pl?enter=kasanjianresearch";>click 
                  here</A></B> to unsubscribe (leave) via the web 
                  interface</P></LI></UL></BLOCKQUOTE>
              <P align=left>&nbsp;</P>
              <H4 align=left>To Change Your Settings:</H4>
              <BLOCKQUOTE>
                <P align=left>If you are already on the Kasanjian Research 
                newsletter mailing list and would like to change your name or 
                email address, or to read previous messages, <B><A 
                href="http://earth.lyris.net/cgi-bin/lyris.pl?enter=kasanjianresearch";>click 
                here</A></B>.</P></BLOCKQUOTE>
              <P align=left>&nbsp;</P>
              <H4 align=left>Questions:</H4>
              <BLOCKQUOTE>
                <P>If you have any questions or comments about the management of 
                the Kasanjian Research newsletter list, or if you have problems 
                with your list subscription, please send email to: </P>
                <P><B><A 
                href="mailto:owner-kasanjianresearch@xxxxxxxxxxxxxxx";>owner-kasanjianresearch@xxxxxxxxxxxxxxx</A></B> 
                </P></BLOCKQUOTE></BLOCKQUOTE></TD></TR></TBODY></TABLE></CENTER></DIV>
      <P>&nbsp; <!--msnavigation--></P></TD></TR><!--msnavigation--></TBODY></TABLE><!--msnavigation-->
<TABLE border=0 cellPadding=0 cellSpacing=0 width="100%">
  <TBODY>
  <TR>
    <TD>
      <HR align=right SIZE=3>

      <BLOCKQUOTE>
        <H5>Copyright © 1999 Kasanjian Research. All rights 
        reserved.<BR>Revised: June 15, 1999.</H5></BLOCKQUOTE></TD></TR><!--msnavigation--></TBODY></TABLE></BODY></HTML>
</x-html>From ???@??? Tue Jun 15 18:52:38 1999
Received: from listserv.equis.com (204.246.137.2)
	by mail07.rapidsite.net (RS ver 1.0.4) with SMTP id 05128860;
	Tue, 15 Jun 1999 21:49:16 -0400 (EDT)
Received: (from majordom@xxxxxxxxx)
	by listserv.equis.com (8.8.7/8.8.7) id TAA02573
	for metastock-outgoing; Tue, 15 Jun 1999 19:30:44 -0600
X-Authentication-Warning: listserv.equis.com: majordom set sender to owner-metastock@xxxxxxxxxxxxx using -f
Received: from freeze.metastock.com (freeze.metastock.com [204.246.137.5])
	by listserv.equis.com (8.8.7/8.8.7) with ESMTP id TAA02570
	for <metastock@xxxxxxxxxxxxxxxxxx>; Tue, 15 Jun 1999 19:30:41 -0600
Received: from hme0.mailrouter02.sprint.ca (hme0.mailrouter02.sprint.ca [207.107.250.60])
	by freeze.metastock.com (8.8.5/8.8.5) with ESMTP id TAA03503
	for <metastock@xxxxxxxxxxxxx>; Tue, 15 Jun 1999 19:44:10 -0600 (MDT)
Received: from walter (spc-isp-ott-uas-17-9.sprint.ca [209.103.36.60])
	by hme0.mailrouter02.sprint.ca (8.8.8/8.8.8) with SMTP id VAA17280
	for <metastock@xxxxxxxxxxxxx>; Tue, 15 Jun 1999 21:31:48 -0400 (EDT)
Message-ID: <004b01beb798$4a111ca0$3c2467d1@xxxxxx>
From: "Walter Lake" <wlake@xxxxxxxxx>
To: <metastock@xxxxxxxxxxxxx>
References: <003a01beb767$a00a59e0$0101a8c0@xxxxxx>
Subject: Re: Volatility bands on Osc's
Date: Tue, 15 Jun 1999 21:33:50 -0400
MIME-Version: 1.0
Content-Type: multipart/alternative;
	boundary="----=_NextPart_000_0048_01BEB776.C2254940"
X-Priority: 3
X-MSMail-Priority: Normal
X-Mailer: Microsoft Outlook Express 5.00.2014.211
X-MimeOLE: Produced By Microsoft MimeOLE V5.00.2014.211
Sender: owner-metastock@xxxxxxxxxxxxx
Precedence: bulk
Reply-To: metastock@xxxxxxxxxxxxx
X-Loop-Detect: 1
X-UIDL: 0dbaed7a676b27ac86cdde9083785cb4.03

<x-html><!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN">
<HTML><HEAD><TITLE></TITLE>
<META content="text/html; charset=iso-8859-1" http-equiv=Content-Type>
<META content="MSHTML 5.00.2014.210" name=GENERATOR>
<STYLE></STYLE>
</HEAD>
<BODY bgColor=#ffffff>
<DIV><FONT size=2>Hi Bob</FONT></DIV>
<DIV>&nbsp;</DIV>
<DIV><FONT size=2>You're absolutely right.</FONT></DIV>
<DIV>&nbsp;</DIV>
<DIV><FONT size=2>Any suggestions on programming Brown's volatility bands into 
either Excel or Metastock?</FONT></DIV>
<DIV>&nbsp;</DIV>
<DIV><FONT size=2>==============</FONT></DIV>
<DIV>&nbsp;</DIV>
<DIV><FONT size=2>{Is there a range of coefficients given in her book? 
The<BR>CoefficientDown(2.1) and CoefficientUp(2.3) get inserted into the 
formulas<BR>below, just like in 
Metastock.}<BR><BR>Plot1[[Average[[RSI[Close,14]],6]]+[Coefup*[Average[TrueRangeCustom[[RSI[Clo<BR>se<BR>,14]],[RSI[Close,14]],[RSI[Close14]]],15]]],"Plot1"];<BR><BR>{The 
code separates True Range into 2 parts: first the True Range then 
the<BR>Average. Whereas in Metastock you only use ATR. What is the input for 
the<BR>average and the ATR? 6 and 
15?}<BR><BR>Plot2[[Average[[RSI[Close,14]],6]]-[Coefdwn*[Average[TrueRangeCustom[[RSI[Cl<BR>os<BR>e,14]],[RSI[Close,14]],[RSI[Close,14]]],15]]],"Plot2"];<BR><BR>{As 
Adam suggested, the ATR will probably be calculated on the price and<BR>then 
applied to the RSI 
indicator}<BR><BR>Plot3[[RSI[Close,14]],"Plot3"];<BR><BR>=======</FONT></DIV>
<DIV>&nbsp;</DIV>
<DIV><FONT size=2>Best regards</FONT></DIV>
<DIV>&nbsp;</DIV>
<DIV><FONT size=2>Walter</FONT></DIV>
<BLOCKQUOTE 
style="BORDER-LEFT: #000000 2px solid; MARGIN-LEFT: 5px; MARGIN-RIGHT: 0px; PADDING-LEFT: 5px; PADDING-RIGHT: 0px">
  <DIV style="FONT: 10pt arial">----- Original Message ----- </DIV>
  <DIV 
  style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black"><B>From:</B> 
  Bob Jagow </DIV>
  <DIV style="FONT: 10pt arial"><B>To:</B> <A 
  href="mailto:metastock@xxxxxxxxxxxxx"; 
  title=metastock@xxxxxxxxxxxxx>metastock@xxxxxxxxxxxxx</A> </DIV>
  <DIV style="FONT: 10pt arial"><B>Sent:</B> Tuesday, June 15, 1999 3:45 
PM</DIV>
  <DIV style="FONT: 10pt arial"><B>Subject:</B> RE: Volatility bands on 
  Osc's</DIV>
  <DIV><BR></DIV>
  <DIV><FONT color=#000080 face=Arial>Walter,</FONT></DIV>
  <DIV><FONT color=#000080 face=Arial>&nbsp;My Kaufman shows</FONT></DIV>
  <DIV><FONT color=#000080 face=Arial>&nbsp;2) H today&nbsp; - C yesterday&nbsp; 
  <FONT color=#ff0000>not</FONT></FONT></DIV>
  <DIV><FONT color=#ff0000 face=Arial>&nbsp;2) H today - L yesterday 
  <BR></FONT></DIV>
  <DIV><FONT color=#000080 face=Arial>With that change, all three of those defs 
  are identical, leaving OT alone in left field.</FONT></DIV>
  <DIV><FONT color=#000080 face=Arial></FONT>&nbsp;</DIV>
  <DIV><FONT color=#000080 face=Arial>Bob<BR><BR></FONT><FONT 
  face=Arial><BR><BR></DIV></FONT>
  <P><FONT size=2><FONT face=Arial size=3><A 
  href="mailto:bjagow@xxxxxxx";>bjagow@xxxxxxx</A> &lt;<A 
  href="mailto:bjagow@xxxxxxx"; 
  target=_blank>mailto:bjagow@xxxxxxx</A>&gt;<BR><BR><BR>-----Original 
  Message-----<BR>From: <A 
  href="mailto:owner-metastock@xxxxxxxxxxxxx";>owner-metastock@xxxxxxxxxxxxx</A><BR>[<A 
  href="mailto:owner-metastock@xxxxxxxxxxxxx"; 
  target=_blank>mailto:owner-metastock@xxxxxxxxxxxxx</A>]On Behalf Of Walter 
  Lake<BR>Sent: Tuesday, June 15, 1999 11:54 AM<BR>To: 
  metastock@xxxxxxxxxxxxx<BR>Subject: Re: Volatility bands on 
  Osc's<BR><BR><BR>Hi Bob<BR><BR>Yep ... Page 82 of the OT systems book. This 
  was part of the system that OT<BR>sold as an insert into 
  MetaStock.<BR><BR>Anyway ... here are three more definitions of True 
  Range<BR><BR>Kaufman refers to Wilder's DM or Directional Movement as True 
  Range, i.e.<BR>the larger of<BR>1) H today - L today<BR>2) H today - L 
  yesterday <BR>3) C yesterday - L today<BR><BR><BR>&gt;From the Metastock 
  Custom formula collection: The Volatility Index (VI) is<BR>described by Wilder 
  as:<BR>VI Today = (13 * VI Prev + TR1) / 14 *where TR1 is today's true 
  range.<BR>He defines the true range as the greatest of the following:<BR>The 
  distance from today's high to today's low<BR>The distance from yesterday's 
  close to today's high, or<BR>The distance from yesterday's close to today's 
  low.<BR><BR><BR>Schwager's True Range = True High less True Low<BR>True High = 
  max of H today and the previous days C (whichever is greater)<BR>True Low = 
  min of L today and previous days C<BR>(whichever is less)<BR><BR>Best 
  regards<BR><BR>Walter<BR><BR>-</FONT>---- Original Message -----<BR>From: Bob 
  Jagow &lt;bjagow@xxxxxxx&gt;<BR>To: &lt;metastock@xxxxxxxxxxxxx&gt;<BR>Sent: 
  Tuesday, June 15, 1999 12:03 PM<BR>Subject: RE: Volatility bands on 
  Osc's<BR><BR><BR>&gt; TR isn't based on the open, Walter.<BR>&gt;&nbsp;&nbsp; 
  Did OT publish that? No wonder it makes such amazing calls :o)<BR>&gt;<BR>&gt; 
  bjagow@xxxxxxx &lt;<A href="mailto:bjagow@xxxxxxx"; 
  target=_blank>mailto:bjagow@xxxxxxx</A>&gt;<BR>&gt;<BR>&gt;<BR>&gt; 
  -----Original Message-----<BR>&gt; From: owner-metastock@xxxxxxxxxxxxx<BR>&gt; 
  [<A href="mailto:owner-metastock@xxxxxxxxxxxxx"; 
  target=_blank>mailto:owner-metastock@xxxxxxxxxxxxx</A>]On Behalf Of Walter 
  Lake<BR>&gt; Sent: Tuesday, June 15, 1999 7:33 AM<BR>&gt; To: 
  metastock@xxxxxxxxxxxxx<BR>&gt; Subject: Re: Volatility bands on 
  Osc's<BR>&gt;<BR>&gt;<BR>&gt; Adam, Lenny, Laurent, et all<BR>&gt;<BR>&gt; 
  Here's the code for the Omni Trader Volatility Breakout System. It 
  has<BR>True<BR>&gt; Range separated from the Average.<BR>&gt;<BR>&gt; "... the 
  following calculations are made to arrive at the 
  Volatility<BR>Bands:<BR>&gt;<BR>&gt; If<BR>&gt; P = Periods used<BR>&gt; Range 
  = Breakout Percentage (that is, 150 = 150%)<BR>&gt; Then<BR>&gt; R1 = ABS(O 
  today -C today)<BR>&gt; R2 = ABS(O today - C yesterday)<BR>&gt; TR = Greater 
  of R1, R2 {True Range calculation)<BR>&gt; AVGTR = Average of TR of P 
  periods<BR>&gt;<BR><BR></FONT></P></BLOCKQUOTE></BODY></HTML>
</x-html>From ???@??? Tue Jun 15 19:06:11 1999
Received: from listserv.equis.com (204.246.137.2)
	by mail05.rapidsite.net (RS ver 1.0.4) with SMTP id 07514;
	Tue, 15 Jun 1999 21:55:07 -0400 (EDT)
Received: (from majordom@xxxxxxxxx)
	by listserv.equis.com (8.8.7/8.8.7) id TAA02658
	for metastock-outgoing; Tue, 15 Jun 1999 19:43:05 -0600
X-Authentication-Warning: listserv.equis.com: majordom set sender to owner-metastock@xxxxxxxxxxxxx using -f
Received: from freeze.metastock.com (freeze.metastock.com [204.246.137.5])
	by listserv.equis.com (8.8.7/8.8.7) with ESMTP id TAA02654
	for <metastock@xxxxxxxxxxxxxxxxxx>; Tue, 15 Jun 1999 19:43:02 -0600
Received: from hme0.mailrouter02.sprint.ca (hme0.mailrouter02.sprint.ca [207.107.250.60])
	by freeze.metastock.com (8.8.5/8.8.5) with ESMTP id TAA03511
	for <metastock@xxxxxxxxxxxxx>; Tue, 15 Jun 1999 19:56:31 -0600 (MDT)
Received: from walter (spc-isp-ott-uas-17-9.sprint.ca [209.103.36.60])
	by hme0.mailrouter02.sprint.ca (8.8.8/8.8.8) with SMTP id VAA29550
	for <metastock@xxxxxxxxxxxxx>; Tue, 15 Jun 1999 21:44:10 -0400 (EDT)
Message-ID: <005f01beb79a$048627a0$3c2467d1@xxxxxx>
From: "Walter Lake" <wlake@xxxxxxxxx>
To: <metastock@xxxxxxxxxxxxx>
References: <001301beb672$27111330$361fa03e@xxxxxxxxxxx> <000f01beb690$7a05d120$e52467d1@xxxxxx> <003001beb6b2$087d0ec0$18d1fed0@xxxxxxx> <001f01beb6c3$cb16ce60$2e2567d1@xxxxxx> <003d01beb752$da2c7320$20c47ad1@xxxxxxx>
Subject: Re: volatility bands on oscillators
Date: Tue, 15 Jun 1999 21:46:12 -0400
MIME-Version: 1.0
Content-Type: text/plain;
	charset="iso-8859-1"
Content-Transfer-Encoding: 7bit
X-Priority: 3
X-MSMail-Priority: Normal
X-Mailer: Microsoft Outlook Express 5.00.2014.211
X-MimeOLE: Produced By Microsoft MimeOLE V5.00.2014.211
Sender: owner-metastock@xxxxxxxxxxxxx
Precedence: bulk
Reply-To: metastock@xxxxxxxxxxxxx
X-Loop-Detect: 1
X-UIDL: 7f02b64bf77d893c149f259a11d9b301.01

Hi Mark

I don't have WaveWi$e but have been able to translate most of their code
into Excel when I see it in Traders Tips in TASC.

Would be interested in any code that you have in this area.

Best regards

Walter

----- Original Message -----
From: Mark Thompson <mst1@xxxxxxxxx>
To: <metastock@xxxxxxxxxxxxx>
Sent: Tuesday, June 15, 1999 1:16 PM
Subject: Re: volatility bands on oscillators


> I have been reading your posts on bands around oscillators with great
> interest.  I also use Wavewi$e as well as Metastock and WW lends itself
> easily to this kind of application.  If anyone has the WW software and
would
> like a copy of my work, please let me know.  Unfortunately since WW is a
> spreadsheet based program it does not translate into Metastock.
>
> ----- Original Message -----
> From: Walter Lake <wlake@xxxxxxxxx>
> To: <metastock@xxxxxxxxxxxxx>
> Sent: Monday, June 14, 1999 8:12 PM
> Subject: Re: volatility bands on oscillators
>