Features of the MDC in Relation to Other Boundary Indicators

  1. Unlike most other boundary indicators, the MDC requires a launch point reflective of a change in underlying market psychology. Only the Raff Regression Channel incorporates a fixed launch point.
  2. Unlike other boundary indicators the MDC incorporates volume.
  3. Unlike other boundary indicators its bands are adjusted individually, not in parallel, so that there may be a significant difference, say, between the distance between the central curve and the upper channel and the same curve and the lower one.
  4. Unlike some boundary indicators—such as the Donchian Channel, the Raff Regression Channel, and the Standard Deviation Channel—the bands of the MDC are nonlinear.
  5. Finally, unlike other band ...

Get MIDAS Technical Analysis: A VWAP Approach to Trading and Investing in Today's Markets now with the O’Reilly learning platform.

O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.

Start your free trial