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>Date sent: Tue, 16 Sep 1997 08:12:29 -0400 (EDT)
>From: VALIALLAH@xxxxxxx
>To: bgh@xxxxxxxxxxx, realtraders@xxxxxxxxxxxxxx
>Subject: Re: simple but elegant trend indicator HTLT INDICATOR
>
>i take it you mean a 10 daysimple average of the highs and a 10 day simple
>average of the lows. and also a one day simple average of the close. thus if
>the one day is above the 10 day high the trend is up and vice versa. is this
>correct or do you use
>a different formula for the highs and lows? ismail
...? not clear for me: isn't a ONE day average of Price equal to Price ??
Carl Vanhaesendonck
Brussels
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