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Strategies & Market Trends : Technical Analysis- Indicators & Systems
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To: wolfgangl who wrote (1681)6/20/1997 1:48:00 PM
From: TechTrader42   of 3325
 
The only change I'd make in your translation is that I used a 20-day moving average for the upper and lower bands. The 89-day moving average only came in for the envelope line, with the vertical shift of 6.2 percent. So formula #1 needs changing to 20 days, and another formula will have to be created for the 89-day envelope. I'll have a look at it and post the result.
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