|
PureBytes Links
Trading Reference Links
|
David,
The numbers on the LengthOfSwing indicator are the length
in bars of the leg which leads up to or down to the
turning point (TP) where displayed.
Nothing predictive. Look at a chart with two LOS indicators
plotted, say one with a length of 5 and one with a length of
13 and see if you can tell where in a market cycle you are!
Clyde
--
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
Clyde Lee Chairman/CEO (Home of SwingMachine)
SYTECH Corporation email: <clydelee@xxxxxxx>
7910 Westglen, Suite 105 Work: (713) 783-9540
Houston, TX 77063 Fax: (713) 783-1092
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
|