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Re: [RT] One day Andrews



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If the Median input is set to True then this picture results where the upper
blue line ran right through the congestion at the top like a linear
regression tool might have done.

bobr

----- Original Message -----
From: "BobR" <bobrabcd@xxxxxxxxxxxxx>
To: <MedianLine@xxxxxxxxxxxxxxx>
Cc: <realtraders@xxxxxxxxxxxxxxx>
Sent: Tuesday, July 31, 2001 2:36 PM
Subject: [RT] One day Andrews


> Perhaps this chart will leave  you breathless.
> Just thought this might be something to check out.  Its been said that the
> Low or High of the day is made in the first hour of the day so it occurred
> to me to throw an Andrews on a one day view.  The Midpoint tool I use
starts
> at midnight and follows the intraday high and low and then partitions the
> range with a dynamic midpoint and fib or gann ratios.  So it naturally
> occurred to me to plant an Andrews on a one day view using midnight as
point
> A and the first hour low or high as point B and then the next appropriate
> high or low as point C which on the attached chart is at the end of the
> first hour.  It does make an interesting picture that might justify some
> further examination on "backtests" and forward tests.
>
> bobr
>
>
>
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