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Strategies & Market Trends : Technical Analysis- Indicators & Systems

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To: TechTrader42 who wrote (1250)6/2/1997 2:44:00 AM
From: Bruce A. Bowman   of 3325
 
You might want to check the (I believe) 8/96 issue of TASC for the article on %B bands done by Greg Morris. It looks at price as a percentage of the bands instead of the other way around. It essentially spaces the bands at a constant distance apart then computes the placement of price between them as a percentage. The article addresses a trading system using these bands (and I think a couple other signals).

Bruce
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