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Strategies & Market Trends : Technical Analysis- Indicators & Systems

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To: Bruce A. Bowman who wrote (1496)6/13/1997 12:56:00 AM
From: TechTrader42   of 3325
 
Uh oh -- you've forgotten about the "ineluctable modality" of this formula. It's been transformed since you last laid eyes on it. Check this note:

To: Richard (1479 )
From: Brookelise Jun 12 1997 9:26PM EST
Reply #1483 of 1498

The new formula is:

((4*(Std(C,20))/Mov(C,20,S))-
Llv((4*(Std(C,20)/Mov(C,20,S))),260))/
(Hhv((4*(Std(C,20)/Mov(C,20,S))),260)-
Llv((4*(Std(C,20)/Mov(C,20,S))),260)+.001)*100

You anticipated the change of periods, I see. And you anticipated the compelling discussion of highest and lowest.

Richard's opinion is that Lowest low = obsession with useless, illusive, elusive Bollinger bands by delusional newbies.

While I took the view that Highest high = finally translating the formula correctly.

I've got the parentheses right at last, after resorting to colored pencils; in fact, I'm thinking of trading my WOW program in for colored pencils.

I could still go back and shorten the formula with your Formula A, but I don't want Richard to break into "Here We Go Again" or "Crying Time" again. Also, I've found that long formulas lend an air of authority to my silly notes.
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