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Don't the two expressions mean exactly the same thing? That is:
(HHV - LLV) / 2 + LLV = (HHV / 2) - (LLV / 2) + LLV = (HHV / 2) + (LLV /
2) = (HHV + LLV) / 2
----- Original Message -----
From: mikelu <mikelu@xxxxxxxxxxxxxxx>
To: <metastock@xxxxxxxxxxxxx>
Sent: December 14, 1999 7:42 AM
Subject: RE: bull/bear fear-retested
> I'll repost for you with a question.
>
> Why is BullFear defined as
>
> BullFear := (HHV(HIGH,n) - LLV(HIGH,n))/2 + LLV(HIGH,n);
>
> instead of just
>
> BullFear := (HHV(HIGH,n) + LLV(HIGH,n))/2;
>
> as it is in the magazine?
>
> Mike
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