|
PureBytes Links
Trading Reference Links
|
Just a guess, but my surmise is it's a centred MA and utilises Hurst
envelopes. The bit atthe bottom is the delta between the upper/lower
envelope and the actual.
----- Original Message -----
From: "Ian Waugh" <ianwaugh@xxxxxxxxx>
To: <LScharpen@xxxxxxx>
Cc: <omega-list@xxxxxxxxxx>; <ianwaugh@xxxxxxxxxxxxxxxxxxx>
Sent: Tuesday, May 20, 2003 8:29 PM
Subject: Re: Band-its...?
> Hi Lee,
> We've all been thinking the same - see my reply to Jack's post.
>
> Ian
>
>
> > In a message dated 5/20/03 12:00:02 PM Pacific Daylight Time,
> > ianwaugh@xxxxxxxxx writes:
> >
> > << Could I please direct the curious and interested parties to the
> > second chart on this page http://mktcycles.com/faq.php and ask if
> > anyone knows what sort of indicators may be at work, particularly
> > for the thick black central trend line?
> >
> > Thoughts on the other indicators also welcome.
> >
> > Thank you.
> > >>
> >
> > Ian,
> >
> > The central black trend line and the red line are probably moving
> > averages of one type or another. You could construct a chart and try
> > various averaging lengths to see if you can find averaging lengths
> > which match the charts you referenced. The green lines are, as he
> > stated, 1, 2 and 3 standard deviations of price from the trend lines.
> > The indicator(s) plotted separately at the bottom of the chart
> > shows, I believe, the difference between price and the black and red
> > lines shown on the price chart.
> >
> > Lee Scharpen
> >
> >
>
|