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Preston -- which automatic trendline with parallel lines
above and below are you referring to? I could not get any to
consistently work except SEC. Also, I like the middle trend line (the
regression line) because usually I don't buy on an uptrend if the
price is above the middle line.
Andy
--- In equismetastock@xxxxxxxxxxxxxxx, pumrysh <no_reply@xxx> wrote:
>
> Andy,
>
> Then why not just use an automatic trendline with parallel lines
> above and below?
>
> Preston
>
>
>
> --- In equismetastock@xxxxxxxxxxxxxxx, "metastkuser"
> <andysmith_999@> wrote:
> >
> > I use it more as an "eyeballing" tool than anything else, and the
> the
> > parallel lines on either side of the regression trendline can be
> > adjusted if needed...
> >
> > --- In equismetastock@xxxxxxxxxxxxxxx, pumrysh <no_reply@> wrote:
> > >
> > > Andy,
> > >
> > > The only valid number of the SEC is the last one and is based on
> the
> > > linear regression trendline. From there its simply a parallel
> plot. Its
> > > not relistic or reliable.
> > >
> > > Preston
> > >
> > >
> > >
> > > --- In equismetastock@xxxxxxxxxxxxxxx, "metastkuser"
> > > <andysmith_999@> wrote:
> > > >
> > > > I use the Standard Error Channel (SEC) to automatically put a
> channel
> > > > around uptrending charts. It snaps in place as I cycle through
> > > charts.
> > > >
> > > > The only thing I have to do manually is drag the start of the
> channel
> > > > to the start of the trend -- which, for my charts, is usually
> the
> > > > lowest low in the last 4 or so months.
> > > >
> > > > Is there a way to automatically detect the lowest low of the
> last 6
> > > > months and have the SEC automatically start on that date?
> > > >
> > >
> >
>
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