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I agree with you Tony and a further question for Richard. Why do you
subtract the moving average of a moving average in the third elemnet. Why
not just use the first two elements, meaning mov(c,13,e)-mov(c,34,e).
Isn't it simpler. Also how do you use it?How reliable is this indicator
from your experinece. Should Dahl be used for short term or intermediste
tradinh? Thanks you
pete
On Tue, 17 Feb 1998, Tony Lonsdale wrote:
> > -----Original Message-----
> > From: Richard Estes <restes@xxxxxxxxx>
> > To: Dick <dick@xxxxxxxxxxxxx>
> > Subject: Re: Question for Richard E.
> >
> > When a beginner ask me for an indicator to use until he
> > catches on to TA, I say MACD(13,34,89), Dahl Primary trend,
> > 89 time series MA with an 8 day shift right.
> >
> > MACD(13,34,89)
> > Mov(C,13,E) - Mov(C,34,E)-Mov((Mov(C,13,E) - Mov(C,34,E)),89,E)
> > in a histogram format for visual
>
> More info please? How should the MACD(13,34,89) be used/interpreted?
>
>
> > DAHL
> > Mov(C,50,S) - Ref(Mov(C,50,S),-15)
> > in histogram format.
>
> Same again please Richard? How should DAHL be used? We beginners are
> learning so much from you guys and we appreciate it. So please excuse
> the simple questions.
>
> Tony
> ----------------
> Tony Lonsdale
> Fishing Point
> Australia
> ----------------
>
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