| StockFetcher Forums · General Discussion · 52 week channel | << >>Post Follow-up |
| freshpotato 36 posts msg #58373 - Ignore freshpotato |
12/21/2007 7:02:40 AM All I'm trying to do is to make a 52 week channel set{channeltop,close 52 week high} set{channelbottom,close 52 week low} and draw channeltop on plot price and draw channelbottom on plot price  Can someone tell my why the channel changes even when the close don't make a new 52 week low or high? Thanks |
| TheRumpledOne 6,407 posts msg #58376 - Ignore TheRumpledOne modified |
12/21/2007 9:22:02 AM It's because the computer looks back 52 weeks from the plotting point!! So in the past, the high/low changed and thus the plot changes. What you are thinking is YTD HIGH/LOW. |
| MikeB60046 43 posts msg #58388 - Ignore MikeB60046 |
12/21/2007 1:18:55 PM Try this set{channeltop,high 52 week high} set{channelbottom,low 52 week low} and draw price line at channeltop and draw price line at channelbottom |
| TheRumpledOne 6,407 posts msg #58412 - Ignore TheRumpledOne |
12/21/2007 10:30:54 PM Thanks! |
| StockFetcher Forums · General Discussion · 52 week channel | << >>Post Follow-up |