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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: MechanicalMethod who wrote (3592)11/7/2001 9:21:47 AM
From: TREND1  Respond to of 99280
 
Mech
From my web site:
.........................
The channels used on the charts are "Linear Regression
Standard Error Channels"
(1) The center line is the best fit line.
(2) The two outer lines are measure of error of fit.
(3) As long as trend is good and straight these two outer lines stay close
to the center line.
(4) As the trend changes, the errors increase causing the two outer lines to move apart.
(5) This moving apart gives the "buy" or "sell" signals.

Hope that helps.

Larry Dudash
PS: Hal makes the final buy or sell