Cathy's Chimp Charts

Hi Cathy,

Many thanks for your prompt reply. I see that you have stochastic on the chart you posted. Can you please post your stochastic settings? Do you use stochastic for additional confirmation?

Thank you.

Sincerely,

Rama

 

Not sure if this is what they are referring to, but to me it means three point break (also known as the three line break). It is a method of charting price movement.

Here is a link that might help:

http://www.equis.com/Education/TAAZ/?page=108

I personally just plot the reversal points of the TLB on my candlestick charts instead of using the "real" TLB chart.

 

I guess that's how Don Miller does it, anyway.

 

pheonix,
sounds like it might be that. I was also wondering if it was short for parabolic?

 

stochastics are k=15 d=5 ksmooth=3

 

phoenix_rising is correct. Another link:

http://enthios.com/trading/3pb_charts.htm

 

Oh, I just love hearing that. Could you say it again please?

 

Thank you for the link...

 

I use SC, too, and I don't think your solution looks right. Put a 5 and 15 ma on a 13 min chart and compare it with what you are doing above. Looks very different...or am I missing something?

gs

 

Yes it does look different, but it is a matter of perspective. The lines are not proportionately fat from the 13 to the 1. So they look odd....so just stay away until the trend resolves itself when it is close like that anyway.

I just keep a tiny 13 minute chart in the corner to look at as well.