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Hello Ernie,
Sunday, February 16, 2003, 8:44:03 PM, you wrote:
EB> List,
EB> Here's a couple of items that might interest this board:
EB> In terms of ~2 days swings, the channel indicator, shows
EB> that we have entered into an overbought situation or that
EB> we're at the start of a steady uptrend. Secondly, the bbc
EB> indicator also shows Overbought. The bbc attempts to track
EB> those 1.5 to 2.5 day swings. The bbc range goes from ~6.0 to
EB> ~-6.0 and it is currently sitting at an oversold level and I
EB> am waiting for it to turn sometime on tuesday or early
EB> wednesday. The down turn may be weak, I cannot predict this.
EB> A bit more on the channel indicator, it is based on the
EB> Probability Channel indicator recently posted by BobR. I
EB> modified it to generate channels on intra day charts. I used
EB> the Hilbert Transform to make it a bit more adaptive. Email
EB> me should you want easylanguage code for this
EB> "Probability/Hilbert channel" indicator.
EB> The buy/sell signals are based on the bbc turns. Because bbc
EB> is a complex piece of code, I am not able to make this
EB> indicator/strategy available, but I can post its status from
EB> time to time as necessary. If the markets are swinging this
EB> is an OK to good indicator that help me get in the right
EB> frame of mind.
EB> Regards,
EB> Ernie
EB> ebonugli@xxxxxxxx
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Please send me the code for the indicator
--
Best regards,
Roger mailto:mailrs@xxxxxxxxxx
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