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Nice work Mark and HHP.
A technique Chuck LeBeau described in his book, "Computer Analysis
of the Futures Market," is to trade the envelope or band breakouts when
ADX is rising (the market is trending) and trade inside the bands when
ADX is falling (the market is in a trading range). When the market is
not trending, there is a tendency for price to bounce off the upper and
lower bands.
Regards.
----- Original Message -----
From: "Mark Brown" <markbrown@xxxxxxxxxxxxx>
To: <metastock@xxxxxxxxxxxxx>
Sent: Friday, September 22, 2000 7:49 AM
Subject: Review The Band Study
> Hello ,
>
> http://216.88.105.93:9000/bands2.htm
>
> a re cap of my band study will show where we are in the big scope of
> things. as you can see when we are outside the 2.5 % bands like we
> are now there is a average likely hood that we will remain for a
> statically stable number of days whos' average is determined by the
> study. like wise when the upper band has been penetrated the is a
> sound statical average that the market will stay above its mean.
>
> the latest updated chart is at the very bottom of the page.
>
> MetaStock code was contributed from HHP
>
> --
>
> Best regards,
> Mark Brown mailto:markbrown@xxxxxxxxxxxxx
> Y = Offset + Amplitude * sin(Frequency * X)
> .oİş°¨¨°şİ[ WWW.MARKBROWN.COM ]İş°¨¨°şİo.
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