TigerSoft invented Bands around a Moving Average back in 1981. Now they are
used widely. Bands may be fixed interval bands. The upper and lower bands
may be the same width away from the moving average or different when optimized.
When prices move past the bands, the stock is either accelerating up or
accelerating down. Usually this is a break-away move if the TigerSoft Accumulation
Index confirms it. Most of the Tiger and Peerless signals are derived from
where the index, stock or commodity is in relation to the price bands and how
strong (Blue Accumulation and Insider Buying) or weak (Red Distribution or Insider
Selling) the stock is. The internal strength indicators are the bottom of the
Tigersoft or Peerless chart are constantly measured up against the stock's price
action. Thus we simultaneously employ both momentum and divergence analysis
in generating automatic signals.
