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![]() 04. Best-Charts Software
![]() SL1 SL2 Eqquivolume
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| Author | Topic: SL1 SL2 Eqquivolume |
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intech Member Posts: 47 |
Where can I find information about SL1 and SL2 lines that overlay the equivolume chart. Also I need the interpretation for the STW and LTW of the Guppy Mav lines. Thanks IP: Logged |
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david_louisson Member Posts: 303 |
EQUIVOLUME Not exactly sure about the SL1 and SL2 lines, but they appear to be 2 moving averages: GUPPY MMA If a stock is trending strongly (check out Microsoft - ticker MSFT - since mid-July - an excellent example), then the widening red bands denote a strengthening trend, while a narrowing in the green bands should coincide with price dips in the uptrend. These are generally regarded as the best times to buy the stock.
[This message has been edited by david_louisson (edited 11-12-2006).] IP: Logged |
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