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>From Equis: http://www.equis.com/customer/formulas/formulas.html
End Point Moving Average
rev. 01/06/97
The End Point Moving Average was introduced in the October 95 issue of
Technical Analysis of Stocks & Commodities in the article "The End Point
Moving Average", by Patrick E. Lafferty. The exact formula for the End Point
Moving average is as follows:
( 14 * Sum( Cum( 1 ) * C,14 ) - Sum( Cum( 1 ),14) * Sum( C,14) ) / (14 *
Sum( Pwr( Cum( 1 ),2),14 ) - Pwr( Sum( Cum( 1 ),14 ),2 ) ) * Cum( 1 ) +
(Mov(C,14,S) - Mov( Cum( 1 ),14,S) * (14 * Sum( Cum( 1 ) * C,14) -
m( Cum( 1 ),14 ) * Sum( C,14) ) / (14 * Sum( Pwr( Cum( 1 ),2 ),14) -
wr( Sum( Cum( 1 ),14 ),2 ) ) )
The above formula plots the last value of a linear regression line of the
previous 14 periods. The Time Series Forecast takes this value and the slope
of the regression line to forecast the next day and then plots this
forecasted price as today's value.
***Please note the above formula is using 14 regression periods. If you
desire to use different time periods you must change all instances of the
number 14 to the desired number of time periods.
For interpretation refer to Mr. Lafferty's article.
=======================================================
But in my opinion, The time series MA which I use for most of my indicators
is the same thing.
Equis has a good manual and help system, the best in the business! You
could be missing 1/2 the power of MSWIN by not experimenting with all the
MAs, channels, chart types, available in the program and their site.
Richard Estes
-----Original Message-----
From: Michael Robb <mrobb@xxxxxxxxxxxxxx>
To: metastock@xxxxxxxxxxxxx <metastock@xxxxxxxxxxxxx>
Date: Sunday, June 07, 1998 1:39 AM
Subject: End Point MA
>All:
>
>May I prevail on the list, once again, to ask if anyone has tried plotting
>the
>"end-point moving average" as related by Pat Rafferty in Stock and
>Commodities Oct,1995
>
>Mike
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