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Re: [RT] EW Osc



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Bob,

GET people're saying now that thay prefer to use +/- 1.4 lines in place of
red &
green band.

Jan Philipp

----- Original Message -----
From: "BobR" <bobrabcd@xxxxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Thursday, April 03, 2003 2:10 AM
Subject: [RT] EW Osc


> Here's a picture of the FT EWOsc applied to the 30 minute ESM3.  Wave 1
> moved up above the red band having been below the green band.  Then the
> oscillator pulled back to the zero line in wave 2.  Then wave 3 moved
above
> the red band and trended upward with pullbacks only to the red band.  In
> wave 4 the osc pulled back to within the red and green bands and now has
> moved up to the red band again in wave 5.
>
> bobr
>
>
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