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Strategies & Market Trends : Ask Vendit Off-Topic Questions

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To: Venditâ„¢ who wrote (5409)2/26/2005 6:04:45 PM
From: Walkingshadow  Read Replies (1) of 8752
 
<< Both forks and Linear Regression Channels are a hybrid of trend line analysis which also is nothing more or less than a study of investor sentiment and expected points of emotional support and resistance.
>>

The thing I like about regression channels and BBs are that both are more quantitatively and objectively linked to price movement. Regression channels have a bit of advantage in a statistical sense, since the price range is essentially the 95% confidence interval limits around a mean of a distribution of prices.

Things like trend lines are useful of course, but are more subjective, are surrogates, and represent only a partial picture.

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