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The million Dollar question....
"Does anyone know how I can predict a trend change."
How about wait until it is a confirmed trend change...then you can predict
it with confidence.
Waiting for the Answer.......................then we all will have found the
Holy grail.
//Plotting Projected EMA moving Average for Tomorrow
TC=7.50;//input tomorrows Projected close
MAP=28;//Input Moving average period
MA1=EMA(C,MAP);
EPX=2/(MAP+1);
MA2=(TC*EPX)+(MA1*(1-EPX));
final=ValueWhen(Cum(1)==LastValue(Cum(1)),MA2,1);
Plot(C,"close",6,64);
Plot(EMA(C,28),"current ema",colorYellow,styleLine);
Plot(final,"projected ema",colorBrightGreen,styleLine);
-------Original Message-------
From: amibroker@xxxxxxxxxxxxxxx
Date: Tuesday, March 18, 2003 1:37:54 PM
To: amibroker@xxxxxxxxxxxxxxx
Subject: [amibroker] Question re MA
Hi,
Does anyone know how I can predict a trend change. I want to know what
value will make a MA go positive tomorrow.
If I take the MA for the past 15 days and subtract the MA for one day back
from the 15 days then if it's positive I am saying that the trend is up.
How can I determine the value that will make it go negative?
Thanks
John Rowlinson
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