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> Summing rate of changes for varying time frames and plotting outlying
> (almost horizontal) lines demonstrates turning points, in hindsight of
> course.
Ah, good idea.
The efficiency ratio -- a favorite of Mark Brown's in the old days, if I
remember right, & maybe still -- is another possibility. (It's basically
Price - Price[N] divided by the sum of ranges for all the intervening bars.)
Thanks for the tip.
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