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To: GROUND ZERO™ who wrote (1176)4/24/2001 7:35:12 PM
From: dospesos  Read Replies (1) | Respond to of 8150
 
i guess i'm confused by the use of the phrase median line. to me that is the, well, er, median line of the three conventional fork lines, with the upper and lower parallel lines being the channel lines. so if i understand, you would add a 4th and 5th line, one above and one below the channel lines which are the same distance from the upper and lower channel lines as *they* are from the median line?

i've often thought that might be useful or even trying to use gann or fibo divisions of the range. but in general i do think the median line's bisection of the time/price range is the most valuable information in the forks.

i can't do the extras lines in my software---metastock--but i'll experiment a bit when i have time.

thanks for your time, and let me know if i'm still confused...;)

tom