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PureBytes Links
Trading Reference Links
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<DIV><FONT size=2>Tried sending this earlier with two .gifs and hasn't come back
yet. Perhaps the new RT server has byte limitations on attachments.
So, here is the code again with one attachment with Mode =2 input.</FONT></DIV>
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<DIV><FONT size=2>Attached is the GOsch ela to plot the outer two bands on the
GOsc indicator. Be sure to Format scaling on both indicators to the same
values. Mode1 input uses the H and L of the current day. Mode2 uses
the previous day's range on which to calculate a range expansion. Exp is
the range expansion factor used in Mode 2. A common expansion factor is
0.382.</FONT></DIV>
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<DIV><FONT size=2>The rationale behind mode 1 is that in range bound mode price
targets fall within the High and Low often by a small percent. Mode 2
expansion targets are based on the previous range by a common factor such as
0.382.</FONT></DIV>
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<DIV><FONT size=2>Have a good day,</FONT></DIV>
<DIV><FONT size=2>BobR</FONT> </DIV></FONT></DIV></BODY></HTML>
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