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If you dont't compute a 10 day moving avg of the midpoint, then what is
the significance of a 10 day lookback vs today and yesterday?
>>> "bgh" <bgh@xxxxxxxxxxx> 09/16/97 11:07pm >>>
The HTLT indicator is constructed by plotting the Extreme high and low
for
the last ten periods and connecting the midpoints of these daily (period)
ranges each day(period)
The ten day period includes today.
It also will work on day trading
If the closes stay above these midpoints the trend is up and if they stay
below
the trend is down
THERE ARE NO MOVING AVERAGES
I will post a chart if I can figure how to save a file from my program and
attach it to a posting
I AM A NEED TO KNOW COMPUTER USER AND PROGRAMER
I appreciate the comments that you all posted
BG
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