weekend charting, page-86

  1. 2,810 Posts.
    Hi misty

    Red = 9 period H+L/2
    Dark Blue = 26 period H+L/2

    Light Blue = Red + Dark Blue /2 moved forward 26 periods
    Green = 52 period H+L/2 moved forward 26 periods

    Brown = price lagged 26 periods

    It is confusing that their are no standard colours.
    In general look which line hugs price the most.

    I know you just look to the position of the band/cloud against price,
    which I'm sure has served you well, do you also note if it is bull or bear?



 
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