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Thanks for the assurance. But I have no clue as to how it could be
taken care of. Could you lead me to the 'how' of right edge using the
time aspect !
vin
--- In realtraders@xxxx, Clyde Lee <clydelee@xxxx> wrote:
> The right edge problem is taken care of I will assure you.
>
> The use of % of price or % of ATR is not as useful as
> the time aspect.
>
>
> - - - - - - - - - - - - - - - - - - - - - - - - - - - -
> Clyde Lee Chairman/CEO (Home of SwingMachine)
> SYTECH Corporation email:clydelee@xxxx
> 7910 Westglen, Suite 105 Office: (713) 783-9540
> Houston, TX 77063 Fax: (713) 783-1092
> Details at: www.theswingmachine.com
> - - - - - - - - - - - - - - - - - - - - - - - - - - - -
>
> ----- Original Message -----
> From: "vin st" <vinst1@xxxx>
> To: <realtraders@xxxx>
> Sent: Thursday, September 26, 2002 3:13 AM
> Subject: Re: [RT] LU
>
>
> > Thanks a lot for the information. Looks like I will be
> > busy for a long time, if I can use the info!
> > On one of the pages, it is mentioned that to identify
> > turning points (TPs), it is either n-bar high/low or a
> > %of 21 ATR. The method of n-bar high/low will lead to
> > difficulties on the 'right edge ' of the price time
> > plot.
> > How is the ATR used to identify TPs? Value of ATR will
> > vary a lot from stock-to-stock. Does it need a
> > normalization?
> >
> > Further, I am assuming that some normalization is done
> > (with what ?), how much %age of 21 ATR could be used
> > to identify that the TP is close enough? Is the %age
> > stock specific?
> > thank
> > vin
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