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Oh ! I am from K.L. also ...
I am not so sure what is the concept / criteria he mentioned in his books , may be you can explain it in details ?
pjrbutler <Patrick@xxxxxxxxxxxxxxxxxxxxxxxx> wrote:
--- 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
>
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