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Strategies & Market Trends : YEEHAW CANDIDATES -- Ignore unavailable to you. Want to Upgrade?


To: Galirayo who wrote (15877)3/2/2006 2:03:47 PM
From: PuddleGlum  Read Replies (2) | Respond to of 23958
 
I think the PO will only be adjusted for extensions to the current column. The spread quad break that's pending won't do anything by itself.

However, it really depends on what Stockcharts does. I wrote my own P&F program (does everything but draw the charts :-) ) and I encountered a number of gray areas where the right thing was whatever I chose to implement. I managed to write the support and resistance lines to files, which I then imported into another program that does the plotting. P&F support lines are more useful, I think, when overlaid onto a traditional bar chart. Sure, they have stairsteps, but they are very effective in that setting.