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Strategies & Market Trends : Ask Vendit Off-Topic Questions

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To: Vendit™ who wrote (6359)3/12/2005 4:20:07 PM
From: Gersh Avery  Read Replies (1) of 8752
 
>I’ve been playing with your forks this morning and see they are comparable to L/R and good for finding trends and support as you previously stated.<

comparable .. yes ..

However .. the slope of the fork does not change with each new bar. As the L/R moves into the next new bar, the slope changes.

The fork is static while the L/R is dynamic.

L/R = stdev*2.0 .. captures 95% of data points .. OK

forks = solid static lines. dead when points go outside.
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