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Attached is RAVI .ela based on formula below.
Steve
----- Original Message -----
From: "Yarroll" <komin@xxxxxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxx>
Sent: Tuesday, January 02, 2001 6:16 PM
Subject: [RT] RAVI
> Hello RT,
>
> Below is the original Chande's formula for RAVI filter:
>
> RAVI = Absolute Value (100 x (7 day MA - 65 day MA) / 65 day MA)
>
> It's supposed to be a measurement of the trendiness of the market, applied
> to filter out useless signals.
> I haven't been playing with it yet, so just take it for what it's worth.
>
> All the best,
>
> Yarroll
> komin@xxxxxxxxxxxxxx
>
>
>
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>
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>
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Attachment:
Description: "RAVI.ELA"
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