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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?


To: Rich1 who wrote (24463)8/17/2001 1:09:07 PM
From: quote 007  Read Replies (1) | Respond to of 30051
 
if you pull up the chart from dwa --they are using a 50 point box for nasd and ndx--and djia--10 points for spx



To: Rich1 who wrote (24463)8/17/2001 1:12:59 PM
From: TREND1  Read Replies (1) | Respond to of 30051
 
Rich1
Trying to make only one point:


(1) Metastock Point and Figure charting allows me to vary
(a) Box size
(b) Number ob boxes to Rev
(c) Use High-low range
(d) Use close
(e) Use open
(f) use High
(g) use low

(2) Standard error Channels use Linear regression through the closes.

Conclusion:
Standard error channels give one answer, while I can make
PnF charts give different answers.


Will show more later on this.

Larry Dudash

Edit: But everyone knew this already! Right !



To: Rich1 who wrote (24463)8/20/2001 6:25:35 AM
From: Jerry Olson  Read Replies (1) | Respond to of 30051
 
Morning Rich..

the default chart on the NASD is 50 points...

thats what i've been using...

hope you had as nice a weekend as we did...