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RE: Support & Resistance?



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Price Channel is OK, but it doesn't have any "smarts" behind it. You can't
really use LowestSince because you don't know how far back to go to get the
lowest, or, in the case of upper, the peaks...


-----Original Message-----
From: owner-metastock@xxxxxxxxxxxxx
[mailto:owner-metastock@xxxxxxxxxxxxx]On Behalf Of Lionel Issen
Sent: Friday, November 23, 2001 1:10 PM
To: metastock@xxxxxxxxxxxxx
Subject: Re: Support & Resistance?


Metastock has a price channel indicator. This might be of help
Lionel Issen
lissen@xxxxxxxxxxxxxx
----- Original Message -----
From: "Gerald Novak" <gnovak@xxxxxxxxx>
To: "list Group Metastock (E-mail)" <metastock@xxxxxxxxxxxxx>
Sent: Friday, November 23, 2001 11:24 AM
Subject: Support & Resistance?


> Does anyone use Metastock Explorations to determine Support/Resistance?
> I know that I can visually determine a line over the past X months, but
I'm
> wondering if there is an approximate formula that can be applied to an
> exploration to determine those stocks hitting up against support  or those
> stocks hitting up against resistance.
>
> Jerry
>