bvandyke Member  Posts: 36 Joined: 4/12/2011 Location: Dallas  User Profile | my previous post may have been a bit mistated. here is an example i asked about and what i was told: Variable 1: c> sma[50] Variable 2: c< sma[50} i was curious because when i tried this it worked, and i wondered why, so i checked with sales. the upshot was that on each day TS looked to see if the Close waa above or below the 50 day SMA. if the close was above, TS looked at prior history when this was true and determined the probability(likelihood) that the price would go in the direction of the "thermometer" on the screen. if close was below 50 day sma on the day in question, the TS looked back at history and determined the probabilities that the price would move as one sees on the "thermometer" on the screen. also, i was told that if you have 2 variables when each one results in a "number", not a true or false condition, then on a given day TS looks historically to see when Both those numbers had occured in the past. If both those numbers had occured in the past(and occured today) TS again determines based on the history the probabilities of price moving as shown on the "thermometer" on the Screen. if i've misunderstood what i was told or it was not quite right, then OT can correct me. Hope this helps some. Bill | |
