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One good example of a well known indicator set that looks forward is in the
Investors Dream program where the Williams Alligator is shown going beyond
the current quote up to 8 days. The Alligators month made up of lips,
teeth and jaw are made using a delayed Wilders smoothing and adjusted 3, 5
and 8 days into the future. What this allows for is a projection of
potential future pricing. Most software will not allow these projections
into the future. I had requested from Tomasz this feature and he said that
this could be one future feature addition. To see the program Investors
Dream go to www.profitunity.com . This is the web site for
Williams. People using this technique would need to be aware of the
potential for these indicators being wrong since you just can't see into
the future. I have provided in past messages a couple of gifs showing the
screen with the Alligator month but without the future projections.
Steve W.
At 05:26 PM 6/3/01 +0300, you wrote:
Hi AB users
Usually most of the formulas that we make are looking backward , but I
like if some one has an example formula for the future 3,4 days
forwardlooking for example macd() ?
For sure will not work correctly but some time in market will be useful I
think . when you see buy=cross( macd(), signal() ) 3-4 days before the
market reach the buy signal
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