Anyone use the "waist"?

notouch · #1 (**permalink**) 02-05-2007, 11:00 AM

This is in the eSignal PivotConsole. The formula is (O+C)/2. I googled it but didn't find much information. It does seem to provide good support/resistance in YM though.

Anonymous · #2 (**permalink**) 02-05-2007, 06:13 PM

I don't know if it is the same thing, but Murrey Math uses the concept of the waist. Google Murrey Math.

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