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Strategies & Market Trends : Technical Analysis- Indicators & Systems

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To: Claud B who wrote (1841)7/3/1997 1:19:00 AM
From: Bill Sandusky   of 3325
 
Yes, On-Balance True Range looks more like moving averages that an oscillator like stochastics. Appears to minimize whipsaws but, like all mov avg based indicators, lags at turning points. Not sure what is meant by "Seed" but the menu asks for # points (1..250). Other parameters are: 1st MA, 1st MA Type, 2nd MA # Points, and 2nd MA Type (options are S/E/W).

Remind me and we'll take a look at OBTR at TAINJ,

Bill
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