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gitonwithit

01/12/12 1:03 AM

#89270 RE: Qui-Gon Kagi #89269

Here ya go Qui.

http://www.filedropper.com/multitfivar

Just a side note, make sure and use it with the Std Dev or ATR. With the StdDev high and the Hurst low then the probability is for reversal. If the StdDev isn't high then is no traders land regardless of the Hurst reading. A high StDev means one of two things, either price is going back to "normal" (i.e. a moving average), or "normal" is coming to the price area. A low StdDev means that things are rosy and going right along as expected.

The Hurst Exponent indicates whether the current price is "normal". A low reading means essentially "not normal" and a high reading means essentially "normal" so there's some interpretation as to how low it goes. Good to use with ratio trading or divergence trading or even trendline trading to see whether a trendline might hold or break.