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Stephane,
I have tried the Average Weekly Bars DLL, It too produces different
results than Simply plotting moving averages in weekly mode.
Also, when increasing the periods for the moving average , ( 17 to
represent 17 weeks ) is used below, the average does not smooth out , it
still has the step design, Should this Be ? Should not the moving
average smooth out ?
Thank you
Anthony
title="Average Weekly Bars";
weekprice=TwC();
WeekPrice1 = TwH();
weekprice2= TwL();
Plot(C,"",1,64);
Plot( WeekPrice ,"",colorWhite,1);
Plot( TwMA (WeekPrice1,17) ,"",colorBlue,1);
Plot( TwEMA (WeekPrice2,17) ,"",colorRed,1);
Stephane Carrasset wrote:
> there is a dll in third party
>
> Title="Average Weekly Bars";
> WeekPrice = TwC();
> Plot(C,"",1,64);
> Plot( WeekPrice ,"",colorWhite,1);
> Plot( TwMA (WeekPrice,3) ,"",colorBlue,1);
> Plot( TwEMA (WeekPrice,3) ,"",colorRed,1);
>
>
> > I have borrowod from Anthony Faragasso code in an attempt to
> produce
> > weekly time frame moving averages on a daily chart. Below is the
> > code I have used and it produces MAs that have no no resemblance
> to
> > the MAs on the Weekly chart itself.
> >
> > /Weekly MAs on daily charts
> >
> > weekstart = DayOfWeek() < Ref( DayOfWeek(), -1 );
> > weekend = DayOfWeek() > Ref( DayOfWeek(),1);
> >
> > /**Establish weekly Price Arrays**/
> > WeeklyHigh = ValueWhen( weekend, HighestSince( weekstart, High ) );
> > WeeklyLow = ValueWhen( weekend, LowestSince( weekstart, Low ) );
> >
> > Plot(MA(WeeklyHigh,17),"WkHIGHMA",colorRed,styleLine);
> > Plot(MA(WeeklyLow,17),"WkLOWMA",colorGreen,styleLine);
> >
> > Plot(Close,"CLOSE",colorBlack,styleCandle);
> > Plot(LinearReg(Close,17),"linReg",colorRed,styleLine);
> >
> > Can someone assist me with by pointing out where I have gone
> wrong.
> >
> > Regards,
> > Keith
>
>
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