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S Chun-Li

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S Chun-Li

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Re: Huluriasquias post# 9

Saturday, 11/23/2002 8:05:30 AM

Saturday, November 23, 2002 8:05:30 AM

Post# of 139
The algorithms at the sethi.org and gerryco.com sites DO NOT correctly identify Darvas boxes, particularly with respect to defining the bottom of the box.

Specifically, the problem is that although the bottom of the box cannot exist before the top exists, it can exist before the top is known. But the methodologies above don't start looking for the bottom, until the top is known.

Example scenario - A top is set on "Day 1" and a bottom is set on "Day 2":

On "Day 2", sethi.org & gerryco.com have not yet found the top of the box, so haven't started to look for the bottom yet. gerryco.com starts looking for the bottom on "Day 3" when it has only a tentative top, and sethi.org starts looking on "Day 4" when it has a confirmed top. Both miss the "Day 2" bottom and incorrectly define the bottom as the bottom of a later day's bar.

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