V.13:07 (281): SIDEBAR: Projection bands and oscillators by Mel Widner

V.13:07 (281): SIDEBAR: Projection bands and oscillators by Mel Widner
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V.13:07 (281): SIDEBAR: Projection bands and oscillators by Mel Widner

Sidebar Figure 4 shows a Microsoft Excel 4.0 spreadsheet that is used for calculations; column A = trading day number that is used in the calculation of slopes and trends. For a lookback period of 14 days, the slope for the lows in cell F16 is

=SLOPE(D3:D16,A3:A16)

or

=TREND(D3:D16,A3:A16,A16)-

TREND(D3:D16,A3:A16,A15)

for Excel 3.0

The slope for the highs in cell G16 is

=SLOPE(C3:C16,A3:A16) ...




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