| NOV 1993
SIDEBAR: THE CHL/LLF METHOD SPREADSHEET by Technical Analysis, Inc.
THE CHL/LLF METHOD SPREADSHEET by Technical Analysis, Inc. Recall that the ""concurrent highest low"" filter (CHL) is a condition set up for the ""largest low to low fall"" trigger (LLF) and that the two are true/false situations. Therefore, the CHL filter can be presented with either a 1 for true or a zero for false readings. The LLF indicator can be presented as a 2 for true and a zero for false. In this manner, both the CHL and the LLF can be plotted simultaneously as in sidebar Figure 1, December Treasury bonds, 5/13/93 to 9/13/93. The sell signal is used as an exit from a long position that may be established from another trading system.
by Technical Analysis, Inc.
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