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

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To: chartseer who wrote (20571)8/15/1998 4:15:00 PM
From: Doug R  Read Replies (2) of 79270
 
Chartseer,

Thanks for your input. May I ask what box size you are using? I normally use a box size that is 10% of the price at the breakout that led to the most recent significant high. For ELGT that would be a box size of .32187 which shows the last signal given was a buy that is still intact. Considerations of P and F are that sell signals on the very small box sizes often lead to sell signals on the larger box sizes (But at some point a bottom is found). And that the heart of it all is to determine your time horizon and to determine the appropriate box size within that horizon.
I would appreciate your further input on the matter.

Thanks,
Doug R
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