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RE: Support & Resistance?



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Hi fran
I read the article and it suggests using excel . I gather you are using it
in metastock. Which is the best and I am not sure how to enter it all in
metastock exlorer. Do you use one   exploration for the support and another
for the wts and another for resistance and another for the wtr

-----Original Message-----
From: owner-metastock@xxxxxxxxxxxxx [mailto:owner-metastock@xxxxxxxxxxxxx]On
Behalf Of Frans Derksen
Sent: Saturday, November 24, 2001 2:49 PM
To: metastock@xxxxxxxxxxxxx
Subject: Re: Support & Resistance?


Gerald et all,

My suggestion:

Go here: http://www.equis.com/customer/support/formulas/cf00090.html

Put those in the explorer and off you go.

Enjoy your weekend.
Frans

At 04:42 PM 11/23/2001 -0600, you wrote:
>Gerald:
>You have a valid point. You have to decide how far back you want to look.
>Lionel Issen
>lissen@xxxxxxxxxxxxxx
>----- Original Message -----
>From: "Gerald Novak" <gnovak@xxxxxxxxx>
>To: <metastock@xxxxxxxxxxxxx>
>Sent: Friday, November 23, 2001 2:46 PM
>Subject: RE: Support & Resistance?
>
>
>> Price Channel is OK, but it doesn't have any "smarts" behind it. You
can't
>> really use LowestSince because you don't know how far back to go to get
>the
>> lowest, or, in the case of upper, the peaks...
>>
>>
>> -----Original Message-----
>> From: owner-metastock@xxxxxxxxxxxxx
>> [mailto:owner-metastock@xxxxxxxxxxxxx]On Behalf Of Lionel Issen
>> Sent: Friday, November 23, 2001 1:10 PM
>> To: metastock@xxxxxxxxxxxxx
>> Subject: Re: Support & Resistance?
>>
>>
>> Metastock has a price channel indicator. This might be of help
>> Lionel Issen
>> lissen@xxxxxxxxxxxxxx
>> ----- Original Message -----
>> From: "Gerald Novak" <gnovak@xxxxxxxxx>
>> To: "list Group Metastock (E-mail)" <metastock@xxxxxxxxxxxxx>
>> Sent: Friday, November 23, 2001 11:24 AM
>> Subject: Support & Resistance?
>>
>>
>> > Does anyone use Metastock Explorations to determine Support/Resistance?
>> > I know that I can visually determine a line over the past X months, but
>> I'm
>> > wondering if there is an approximate formula that can be applied to an
>> > exploration to determine those stocks hitting up against support  or
>those
>> > stocks hitting up against resistance.
>> >
>> > Jerry
>> >
>>
>
>