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Re: RCKS post# 5740

Tuesday, 06/25/2013 9:39:27 AM

Tuesday, June 25, 2013 9:39:27 AM

Post# of 44867
RCKS
Hurst in 1978 showed that the SPX cycle was 10.8
Recent studies show it is still near 11.

Then BOMAR came along and tried to use moving averages
to get a certain percentage of closes within the bands.

Finally John Bollinger came along with BB(20,2) method
that encloses about 88 to 90 % of the price action within the bands.

So what am I trying to do ?
Since I do not need a general solution to all stocks,
I am writing a program that will enclose a certain percentage
of price action within BOMAR BANDS.

...more later depending what the back testing of the BOMAR program
comes up with......

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