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I stuck the following formula into the Custom 1 Line
indicator in TS2000i (probably ok in TS4) today and
applied it to WEEKLY Dow data going a long way
back.
t3average(((h[0]-l[1])+(l[0]-h[1]))/c,15)
(I know this can be simplified but this is how I
coded it -- my crazy way of thinking -- originally
the 0's and 1's were were 5's and 6's to see
what 5 weeks ago suggested about now)
It is very interesting to note where real bottoms of
significant declines show up on the indicator.
Clyde
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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
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