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• Breaking Out Of Price Channels by Gerald Marisch

  ARTICLE SYNOPSIS ...Breaking Out Of Price Channels by Gerald Marisch Here's a technique based on Tushar Chande's variable-length moving average. The indicator is more responsive to market price movements than a conventional simple or exponential moving average and can be used for position trading. Take a look. In areas of equity and commodity price analysis, it is accepted that prices can move in only three directions -- up, down or sideways. These directions are called trends. In the simplest of charting techniques, trends can be evaluated by the location of closing prices in relationship to a trend's moving a...

AUTHOR: Gerald MarischDATE: JAN 1998SUBJECT: Trading Techniques