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Old 03-23-2007, 02:09 AM
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Re: %TREND Calculations

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Range is the high minus the low. I personally just use the %TREND. With value area, I simply watch whether the value area is overlapping or not. Walterw, can you pm me your email... I can send you a simple spreadsheat that I use. It has data going back to May of 2006.
Yes. I was thinking about it and the range of the output is 0-1 and it is possible to open up and close outside of the Value Area.

Mark Fisher's Pivot Range also can be used in this same way. It often narrows prior to volatility breakouts.

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