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Gerald:
You have a valid point. You have to decide how far back you want to look.
Lionel Issen
lissen@xxxxxxxxxxxxxx
----- Original Message -----
From: "Gerald Novak" <gnovak@xxxxxxxxx>
To: <metastock@xxxxxxxxxxxxx>
Sent: Friday, November 23, 2001 2:46 PM
Subject: RE: Support & Resistance?
> 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
> >
>
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