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Supposed to be the opening price of the displayed analysis.
Logic is probably incorrect for it though. Will have to check.
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Clyde Lee Chairman/CEO (Home of SwingMachine)
SYTECH Corporation email: clydelee@xxxxxxxxxxxx
7910 Westglen, Suite 105 Office: (713) 783-9540
Houston, TX 77063 Fax: (713) 783-1092
Details at: www.theswingmachine.com
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----- Original Message -----
From: "JHP" <jan4123@xxxxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Monday, March 10, 2003 9:08 PM
Subject: Re: [RT] System Trading Using Price Distribution
> Clyde,
>
> what is the origin and meaning of the green line plotted
> by your Price Distr indicator?
>
> Jan Philipp
>
> ----- Original Message -----
> From: "Clyde Lee(SBCY)" <clydelee@xxxxxxxxxx>
> To: <realtraders@xxxxxxxxxxxxxxx>
> Sent: Monday, March 10, 2003 3:07 PM
> Subject: [RT] System Trading Using Price Distribution
>
>
> > BobR has been showing you some interesting pictures of how to
> > use Price Distribution for selecting points at which to trade and
> > the direction of trading.
> >
> > Using the same indicator he has been showing I constructed a very
> > simple trading system.
> >
> > There are many ways to trade using PD but here the rules are the
> > same in every case though we varied the period of each analysis,
> > the percentage of total price counts to establish the support and
> > resistance points and the number of dollars to use to take profit.
> >
> > NONE of the pictures shown are the best optimization that could
> > be performed. These pictures represent simple analysis of
> > parameters.
> >
> > Some results are very good and some are not so good. Analyses
> > from 45 minutes, 81 minutes, 135 minutes and the entire day
> > was used.
> >
> > What I'm trying to show here is that Price Distribution, taken in
> > a very hardnosed fashion, can provide a profitable approach to
> > the market.
> >
> >
> > Clyde
> > - - - - - - - - - - - - - - - - - - - - - - - - - - - -
> > Clyde Lee Chairman/CEO (Home of SwingMachine)
> > SYTECH Corporation email: clydelee@xxxxxxxxxxxx
> > 7910 Westglen, Suite 105 Office: (713) 783-9540
> > Houston, TX 77063 Fax: (713) 783-1092
> > Details at: www.theswingmachine.com
> > - - - - - - - - - - - - - - - - - - - - - - - - - - - -
> >
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