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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude

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To: Doug R who wrote (7215)11/6/1997 2:17:00 PM
From: Dave H  Read Replies (1) of 79308
 
PS -- (MA/MLR)

I just took a look at the best version of the 89 day MA/MLR lines I could do on the TC2000 (basically, can only use the close for price) and I see that there is nothing near a correlation for DRNK. (the MA fluctuates wildly through the MLR)

I then took a look at MTON & TRIBY for 56'er examples and indeed, the two lines are almost on top of each other when you called the preliminary "buy" signal. Cool....

Doug, what exactly does the MA/MLR lines represent in english (if it's possible to translate? :-))

-dave
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