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Richard:
Thanks for your posting., I did overlook the usefulness of the displaced
moving average.
The fib series that has been discussed on this listserver starts with 0, 1.
A fib series can start with any pair of numbers. Start with 14 (the
default value for rsi and stoch) and 21 (a number I like to use) then 91
becomes a fib #. I guess what I am trying to say is that 89 is a Fibonacci
number only if it is part of a Fibonacci series. Hence you could use 90 for
your moving average and get similar signals.
Moving averages of 87 to93, and oscillator parameters in the same range keep
coming up in systems optimization tests. So your finding that 190 is a
major cycle period at this time is verified.
Regards
Lionel
-----Original Message-----
From: Richard Estes <rtestes@xxxxxxxxxxxxxx>
To: metastock@xxxxxxxxxxxxx <metastock@xxxxxxxxxxxxx>
Cc: : Walter Lake <wlake@xxxxxxxxx>
Date: Monday, September 21, 1998 12:42 AM
Subject: Re: Jurik's AMA
>A moving average should be tied in some way to 1/2 the major cycle lengths.
>If you feel as I do that 180 is a major cycle then 89 ma would capture the
>desired cycle and maintain a fibonacci component. If you used a very fast
>Time Series MA to keep in close to price to reduce risk, you might want to
>Displace it forward by 8days to slow it down a nudge.
>
>Yes, you can change periods trying to get close to a good MA but you sure
>need to standardize. If any MA works for you fine, but don't fit the ma or
>change it on a constant basis in a trade, looking for a reason to stay or
>leave by shopping MAs.
>
>The displaced MA has a value of allowing you to see stops if your program
>plots beyond last bar. I have been using 8day with 7 day lead, lately .
>Richard Estes
>
>
>-----Original Message-----
>From: Lionel Issen <lissen@xxxxxxxxxxxxxxxx>
>To: metastock@xxxxxxxxxxxxx <metastock@xxxxxxxxxxxxx>
>Cc: : Walter Lake <wlake@xxxxxxxxx>
>Date: Sunday, September 20, 1998 11:15 PM
>Subject: Re: Jurik's AMA
>
>
>>Walter:
>>
>>You can usually approximate an adaptive ma by using an sma, ema, or
>weighted
>>moving average. The adaptive ma claims to give earlier signals, you can
get
>>earlier signal by using a shorter ma.
>>
>>Comments please.
>>
>>Lionel
>>-----Original Message-----
>>From: Walter Lake <wlake@xxxxxxxxx>
>>To: metastock bulletin board <metastock@xxxxxxxxxxxxx>
>>Date: Sunday, September 20, 1998 8:13 AM
>>Subject: Jurik's AMA
>>
>>
>>>Hi John
>>>
>>>I've seen this advertised regularly. I have no idea how it works, but by
>>>eye-ball it looks like a 5 day MA advanced 3 days. Murray Ruggiero sells
a
>>>Trade Station version for $205US. His catalogue (1-800-211-9785) says
this
>>>"... It differs from standard adaptive moving averages in that it offers
>>>higher correlation to the actual price with maximum smoothness." "...is
>>>great for .... data preprocessing for developing a neural network. We use
>>>this adaptive moving average as part of many of the proprietary systems
wh
>>>have built for our clients."
>>>
>>>For me, the concern with any MA is to understand how it differs from the
>>>standard SMA. IMHO, adaptive indicators need to be "always" paired with a
>>>"viewing" indicator, i.e., volatility indicator, etc. Otherwise you
>rapidly
>>>lose track of where you are at.
>>>
>>>Best wishes
>>>
>>>Walter
>>>
>>>
>>>
>>>
>>>
>>
>
>
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