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Strategies & Market Trends : Let's Talk Technical Analyisis (TA)

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To: robnic who wrote (103)	12/26/2001 8:19:06 AM
From: MechanicalMethod	Read Replies (1) of 178

I'm using c<L+.4range to disqualify that upbar. Contra dir bars need to show strength and that one doesn't. However a strong close in a bar that's moving in the current dir doesn't reverse dir. Example of a downbar with a strong close during a downswing... if dir<0 and downbar=true and c>L+.6range then continDn; The open relationship doesn't affect it but I'm using a bunch of others. Swing is kool stuff.

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