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They started out as 144 and 169, yes., but where modified to a 156 period ema bollinger band with .08 st dev. That was done to avoid the MA crossovers and maintain a more uniformly defined width for the tunnel. The bands that are very difficult to see are lines plotted 89, 144, 233, and 377 ticks from the midpoint of the tunnel.
The "waveness" Im assuming was/is elliot wave? For us that was part of discretion...sort of like a seasoned guy not needing a horn to sound at a 50% retrace...some things are better assimilated by experience in to discretion.
The fast ma is a 12 period filter.
I do not know this lady Jody from the girl next door. But here is the thing. If she is who she claims and developed that independent of anyone else's input it confirms the value of the work being done by my group. If somehow there is borrowed intellectual capital...going either way...that also confirms the nature of the work being done.
So I'd say we are onto a worth while secondary project.
Yes, it's supposed to be a simplified elliot wave method. I have never traded this system, have only read about it. I will be interested in following your thread though and checking it out.
and I'm interested in trying to create a new visual.
These are pretty old screen shots but what I'd like to try to do is plot some lines parallel to the upper and lower bands of @Fat Tails anaUniversalKeltner indicator.
something like this.
Would be a great start. Does anyone want to tell me where to start?
I had posted something like this and called it VolaChannels.
Under the hood are three Universal Keltner Channels with different multipliers. Midband type and volatility measure (simple range or true range) can be selected.
Futurestrader posted TOS code below in the create indicator for free thread, looking for his TOS code converted to NT. It is a Triple Keltner. Does anyone know if it was done or how to do it.
