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--- In equismetastock@xxxxxxxxxxxxxxx, Cameron Reid <cwr_74@xxx>
wrote:
>
> Good Morning,
> Over the past few months there have been a few comments regarding
2nd order polynomials (parabolas) as a means to approximate the price
curve and sigma bands as a way to measure the chances of a stock
moving higher. I was able to find a graphic example of this at
http://sigmabands.blogspot.com/ . According to the author / blogger
the center line in based on 250 bars worth of data and the sigma
bands are each spaced one standard deviation apart. I am assuming
that the standard deviation data is also based on 250 bars, although
this is not mentioned specifically.
> What I thought was quite interesting / impressive about these
examples is that, visually, it appears that the price series does
spend roughly 2/3rds of the time within the first sigma bands and
roughly 2% of the time outside the third sigma bands. Exactly what
you would like to see. Bollinger Bands, to me, have never shown this
level of consistency.
>
> I purchased Umits Trend Toolbox (I have no financial interest in
this product at all) so that I could plot a second order polynomial
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