|
PureBytes Links
Trading Reference Links
|
Used to use something like this years ago and called it a modified moving
average.
For a ten day modified moving average, we would maintain an intermediate
field that contained the following:
Take day 1 and put it in the intermediate field. For day two, take 90% of
the intermediate field and add the current day's number. For day 3, etc.,
do the same. 90% of the intermediate field plus the new day's number. I
think you can now do this with MS 6.5 since it supposedly handles variable,
but since it can't handle my calcs, I only use it for graphing.
Regards
-----Original Message-----
From: owner-metastock@xxxxxxxxxxxxx [mailto:owner-metastock@xxxxxxxxxxxxx]
On Behalf Of Paul
Sent: Friday, July 24, 1998 6:29 PM
To: Metastock@xxxxxxxxxx Com
Subject: moving average
hello,
I need an average that is similar to a simple average but instead of
subtracting the earliest bar (when adding new one) I would subtract average
of ,say 5 latest bars (in case of a 5 bar average). thanks
Paul
|