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1997
Andrews Channels - www.dynamictraders.com
Copyright 1997, Robert C. Miner
Page 1
Dynamic Trader Software Example - Aug. 1997
Andrews Channels - www.dynamictraders.com
Copyright 1997, Robert C. Miner
Over a year after the channel was initially constructed, the mark made
a major high in April 1995 dead-on the Median Line. The mark then made
an intermediate term low when it reached the lower Median Line Parallel
in early 1996. The break below the channel signals the major trend in the
mark is bearish. A new bearish channel should now be drawn using the
Sept. 1992 high, Feb. 1994 low and April 1995 high.
The chart on the next page includes the new Andrews Channel. The
third pivot used to form the channel is the April 1995 high shown in the
chart above. The Oct. 1995 high was made at the upper Median Line
Parallel followed by persistent bear trend through July 1997.
Page 2
Dynamic Trader Software Example - Aug. 1997
Andrews Channels - www.dynamictraders.com
Copyright 1997, Robert C. Miner
Page 3
Dynamic Trader Software Example - Aug. 1997
Andrews Channels - www.dynamictraders.com
Copyright 1997, Robert C. Miner
Page 4
Dynamic Trader Software Example - Aug. 1997
Andrews Channels - www.dynamictraders.com
Copyright 1997, Robert C. Miner
The chart on the next page is a continuation of the bond data with the
Andrews Channel and Fib Median Channel begun from the swing low on
May 27. The Fib Median Channel was the minor support zone throughout
the rally into the July 31 high which tagged the upper Andrews Channel
Line.
Page 5
Dynamic Trader Software Example - Aug. 1997
Andrews Channels - www.dynamictraders.com
Copyright 1997, Robert C. Miner
Page 6
Dynamic Trader Software Example - Aug. 1997
Andrews Channels - www.dynamictraders.com
Copyright 1997, Robert C. Miner
Page 7