|
PureBytes Links
Trading Reference Links
|
Hi David,
Someone suggested the 'trend line' is a linear regressing line
and that seems to be close. I'm still experimenting with it.
I can't get a MA line to fit. What do you mean by a "centred MA"? Is
that different to an ordinary one?
What's a Hurst envelope?
Ian
> 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
> > >
> > >
> >
>
>
|