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Thanks Bill
Price Channel works even better than I had in mind. It allows one to see a
flat line unless the low of the previous low is broken. When one looks at
the chart one can see that previous lows are not acting as support and the
price continues to break through the lows.
Thank you
neo
-----Original Message-----
From: owner-metastock@xxxxxxxxxxxxx
[mailto:owner-metastock@xxxxxxxxxxxxx]On Behalf Of Bill N.
Sent: Friday, December 15, 2000 10:08 AM
To: metastock@xxxxxxxxxxxxx
Subject: Re: Need a little help
Neo, why not just use the PRICE CHANNEL indicator. Set it to 6 months (180
days) and it will give you the last 6 month high and low. If you don't care
about the high, just click on and delete that part of the indicator. I'm
using MS 6.52 but you should have this indicator in whatever version you
use.
Regards,
Bill N.
: ----- Original Message -----
: From: "neo" <neo1@xxxxxxxxx>
: To: <metastock@xxxxxxxxxxxxx>
: Sent: Friday, December 15, 2000 8:27 AM
: Subject: Need a little help
:
:
: > I am trying to figure out a way to plot a horizontal line that will be
: > placed at the lowest low of the chart since a period of time, say 6
: months.
: > I have tried plotting the various low indicators but they do not seem to
: > work. The idea is to plot a straight horizontal resistance line.
: >
: > Is there any way to do this? I need some indicator expert help.
: >
: > thanks, neo
: >
: >
: >
:
:
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