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Strategies & Market Trends : TA-Quotes Plus -- Ignore unavailable to you. Want to Upgrade?

To: Jeff Grover who wrote (7151)	10/11/1998 11:56:00 PM
From: Bob Jagow	Respond to of 11149

It does work according to Kaufman, Jeff -- my shorthand "pick a hi/low with max/min and set SIP to that value" was lifted from 2nd Ed, p82. [Had read him carefully in the process of understanding why you reset SAR to the extreme of the more recent two days] -"Assume a long or short position -if recently down and now off its lows pick long and set SIP to the low" -- and vica versus. I can arbitrarily pick the low SIP via min(0,back,lo) [and pick the bar, j, with for 0 to back step -1 do if low(j) <= min(0,back,lo) then start:= j; j:= back; endif; next j;] The last high might be more recent but no matter. I preach the 'don't fudge the divisor' every chance I get ;) Bob