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mw_401
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Everything posted by mw_401
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The original msg: Classic Formula R4 = R3 + RANGE (same as: PP + RANGE * 3) R3 = R2 + RANGE (same as: PP + RANGE * 2) R2 = PP + RANGE R1 = (2 * PP) - LOW PP = (HIGH + LOW + CLOSE) / 3 S1 = (2 * PP) - HIGH S2 = PP - RANGE S3 = S2 - RANGE (same as: PP - RANGE * 2) S4 = S3 - RANGE (same as: PP - RANGE * 3) But I have another site telling me: Classic Formula R3 = R1 + RANGE R2 = PP + RANGE R1 = (2 * PP) - LOW PP = (HIGH + LOW + CLOSE) / 3 S1 = (2 * PP) - HIGH S2 = PP - RANGE S3 = S1 - RANGE Can anyone tell me the difference? (R3 and S3) Or if one is better than the other?