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Strategies & Market Trends : Candlestick Charting--The unknown indicator -- Ignore unavailable to you. Want to Upgrade?

To: HeyRainier who wrote (1061)	1/13/1998 11:45:00 PM
From: ftth	Respond to of 1589

Hi Rainier, I've revisited the moving blended candle stuff again, and it got me trying some new things. This is fascinating....If you have a way to try this, check it out: In the same window, plot, in addition to the candle plot of price: 1)cumulative body size, cumulative c-to-o gap size, cumulative upper shadow size, cumulative lower shadow size. Use + and - values so the plots move up and down, and plot it as vertical bars rather than a line if you can. I'm going to try some other things which may make what I'm seeing stand out more, but the correlations and trends I'm seeing so far are really intriguing! You have to stare at them for a while and scale them. May be a total coincidence because I've only looked at a few. Rather than explaining the correlations that I think I'm seeing, if you do get a chance to try it, I'd like to see if you form some of the same conclusions. dh P.S I started looking at the similarity between the moving blended candles and stochastics of the same length as the blend window size, which I hadn't noted before....but then I got side tracked with this new stuff whlie I was trying to relate them. I'll get back to that later but it may be a way to show the information in stochastics without the "bottoming out" effect, while also showing more.