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A variable moving average where a constant is put into the exponential MA
formula to adjust for volatility. When the price trends it moves faster when
it ranges the MA slows down.
Equis has told me that Chande approved the VAR MA in 6.5 for VIDYA. I think
the use of VHF rather than CMO is better for stocks.
Another MA that many seem not to notice they have is the volume adjusted
which works the same as VAR except it uses volume. The best way to see what
MA you prefer is just load them all on same chart using same # of periods.
And see how they react with Price. I like to think of the distance between
Price and the MA as Risk. I find TimeSeries, VOL, and VariableMA511( C ,
periods) to be the best MAs to use.
Richard Estes
-----Original Message-----
From: George Stevenson <george@xxxxxxxxxxxx>
To: metastock-list@xxxxxxxxxxxxx <metastock-list@xxxxxxxxxxxxx>
Date: Wednesday, February 11, 1998 2:32 PM
Subject: Re: Multi-Period Indicators
>At 02:04 PM 2/11/98 -0600, Richard Estes wrote:
>>Chande's VIDYA is in place in 6.5 with the VAR MA. There are many other
ways
>>to get there, such as:
>
>I just subscribed to the list yesterday. Could you explain what VIDYA
means.
>
>
>--------------
>George Stevenson
>george@xxxxxxxxxxxx
>
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