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Strategies & Market Trends : Metastock 6.0 for Window

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To: Richard Estes who wrote (1147)11/26/1997 1:12:00 AM
From: Craig DeHaan  Read Replies (1) of 4056
 
I didn't realize that the alert() function could extend a true signal for a specified number of periods in system tests and scans. Thought it was just for triggering fancy multimedia fanfare links with experts. What do you see as a valid lookback range for the reversal pattern in classic interpretation or personal experience? 13? It seems to me that simply scanning for an island formation might be too exclusionary; passing up a lot of milder actions that would yield the same result.

Are you following this one Greg?

Thanks for the input Richard.
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