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[EquisMetaStock Group] Re: Channel for EMA



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--- In equismetastock@xxxxxxxxxxxxxxx, Alwin Chuah <ctk188@xxxx> 
wrote:
> Hi everyone
> First of all, I would like to wish everyone "May you make a lot of 
money in 2005".
> OK now back to business
>  
> In the book "Come into my trading room" by Dr Alexander Elder. He 
mentioned about channels.
> He provide the formula 
> Upper channel line = EMA + EMA * Channel coefficient
> Lower channel line = EMA - EMA * Channel coefficient 
>  
> So i was thinking whether anyone can help me in translating the 
above formula into a Metastock formula. 
>  
> Thanks
> Alwin Chuah (KL ,  Malaysia) 
>  
> Hi Alwin,
Regretably I can't help with your formula question, but Dr Elder has 
his own website and sells a Metastock add-on of his theories. The 
cost of $199 USD is putting me off purchasing it , but you may have 
heard if it is of any use ??
Glad to hear your comments 
> 		
> ---------------------------------
> Do you Yahoo!?
>  The all-new My Yahoo! – What will yours do?








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