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Strategies & Market Trends : Technical Analysis - Beginners -- Ignore unavailable to you. Want to Upgrade?

To: Chandler H. Everett who wrote (7060)	11/17/1997 11:45:00 AM
From: Richard Estes	Respond to of 12039

Waiting for cleveland blast! Charts in candlestick format is best visual of price

To: Chandler H. Everett who wrote (7060)	11/17/1997 1:22:00 PM
From: shasta23	Read Replies (1) \| Respond to of 12039

Hi Chan! I'm trying to make sense of your response. At the time you were working with Stochastics(or Stochrsi) which don't have negative values and therefore you substracted 50 so that the curve could swing below zero. That would give you positive and negative values like you mentioned in your response. This is probably something you could do with any indicator actually...is this the right thinking?!I tried it with STochrsi(14) and it worked and i could set it up with the histogram. But what advantage do you see in this compared to the normal trigger line (e.g.25/75)? The change just displays it differently in term of graphics. I guess i have to work with it if the different display gives me a different "feel" for the indicator. Stefan