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Author Topic:   SL1 SL2 Eqquivolume
intech
Member

Posts: 47
Registered: Aug 2006

posted 11-11-2006 08:31 AM     Click Here to See the Profile for intech     Edit/Delete Message
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

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david_louisson
Member

Posts: 303
Registered: Apr 2004

posted 11-12-2006 12:08 AM     Click Here to See the Profile for david_louisson     Edit/Delete Message
EQUIVOLUME

Not exactly sure about the SL1 and SL2 lines, but they appear to be 2 moving averages:
Signal Line 1 (2): my guess is that the (2) means that it is a 2 dMA of the closing price.
Signal Line 2 (5): probably a 5 dMA of the closing price.

GUPPY MMA
STW = appears to be the width between the short term (green) MMA bands.
LTW = appears to be the width between the long term (red) MMA bands.
As the gaps between the lines in the MMA band widen, the STW or LTW values become more positive (in an uptrend), and more negative (in a downtrend). As the gaps between the bands narrow, the STW/LTW value moves toward zero. [NOTE: I can't say for sure, but that is what appears to be happening.]

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.


For general info on Equivolume, Heikin-Ashi and Guppy MMA, see my first post in the following thread: http://www.stock-anal.com/ubb/Forum1/HTML/000982.html

[This message has been edited by david_louisson (edited 11-12-2006).]

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