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Re: system tests

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<DIV><FONT face=Arial size=3>Hi Walter,</FONT></DIV>
<DIV><FONT face=Arial size=3>&nbsp;I believe (if I understand you correctly) you 
have the correct formula's.</FONT></DIV>
<DIV><FONT face=Arial>If you will look at the chart below, you will see 4 Moving 
Averages. The</FONT></DIV>
<DIV><FONT face=Arial>red MA's are plotted with the current bars' close, the 
magenta MA's are</FONT></DIV>
<DIV><FONT face=Arial>referencing the previous bars' close. At first glance the 
magenta&nbsp;does </FONT></DIV>
<DIV><FONT face=Arial>appear to be "right" of the red......but we need to 
compare the Y-axis </FONT></DIV>
<DIV><FONT face=Arial>(price) of both MA on the SAME X-axis (time).&nbsp;So I 
believe the&nbsp;</FONT></DIV>
<DIV><FONT face=Arial>formula: "<FONT size=3>Mov(C,12,E) &gt; 
Mov(Ref(C,-1),12,E)" will be consistent to </FONT></FONT></DIV>
<DIV><FONT face=Arial>your idea.</FONT></DIV>
<DIV><FONT face=Arial size=3>&nbsp;</FONT></DIV>
<DIV><BR><FONT face=Arial size=3>&nbsp; Best 
wishes,<BR>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Adam Hefner.<BR><A 
href="mailto:VonHef@xxxxxxxxxxxxx";>VonHef@xxxxxxxxxxxxx</A> </FONT></DIV>
<DIV>&nbsp;</DIV>
<DIV>&nbsp;</DIV>
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<DIV><FONT face=Arial size=2>---- Original Message ----- </FONT>
<DIV><FONT face=Arial size=2>From: Walter Lake &lt;<A 
href="mailto:wlake@xxxxxxxxx";>wlake@xxxxxxxxx</A>&gt;</FONT></DIV>
<DIV><FONT face=Arial size=2>To: Metastock bulletin board &lt;<A 
href="mailto:metastock@xxxxxxxxxxxxx";>metastock@xxxxxxxxxxxxx</A>&gt;</FONT></DIV>
<DIV><FONT face=Arial size=2>Sent: Sunday, May 16, 1999 7:24 AM</FONT></DIV>
<DIV><FONT face=Arial size=2>Subject: system tests</FONT></DIV></DIV>
<DIV><BR></DIV><FONT face=Arial size=2>&gt; Does anyone have a system test for 
the general formula?<BR>&gt; <BR>&gt; Long: when 2 moving averages are moving 
up<BR>&gt; <BR>&gt; Short: when two moving averages are moving down<BR>&gt; 
<BR>&gt; Out of market: when they are moving in different directions<BR>&gt; 
<BR>&gt; =======<BR>&gt; <BR>&gt; I found out that "Mov(Ref(C,-1),12,E)" 
produces a line on the chart the<BR>&gt; right of "Mov(C,12,E)"!! Why isn't it 
to the left of it?<BR>&gt; <BR>&gt; I had planned to use "Mov(C,12,E) &gt; 
Mov(Ref(C,-1),12,E) AND Mov(C,60,E) &gt;<BR>&gt; Mov(Ref(C,-1),60,E)" as the 
Long part of the general formula.<BR>&gt; <BR>&gt; Now I'm confused about the 
logic of the formulas.<BR>&gt; <BR>&gt; Any help would be appreciated.<BR>&gt; 
<BR>&gt; Best regards<BR>&gt; <BR>&gt; Walter<BR>&gt; <BR>&gt; <BR>&gt; <BR>&gt; 
<BR>&gt; </FONT></BODY></HTML>
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