RE: ...And now, for something completely different. (M. Python)

["Jeff Ledermann" <j.ledermann@xxxxxxxxx>]

Corey

I use a similar layout to you - four charts instead of two because I suffer from a fairly extreme
case of indicatoritis and two charts would just get too cluttered. Also I like to see both the daily
and weekly continuous as well as spot.  I overlay both daily and weekly charts with multiple moving
averages (Guppy).  These serve much the same purpose as Steve Karnish's Fib MA's but I think mine
are prettier.  The other indicator that I find particularly helpful is Perry Kaufman's Adaptive
Moving Average.  The AMA tells you at a glance if prices are actually going somewhere and in which
direction.

Jeff
===============================
MA Long Term:
Mov(C,30,E);
Mov(C,35,E);
Mov(C,40,E);
Mov(C,45,E);
Mov(C,50,E);
Mov(C,55,E);

MA Short Term:
Mov(C,5,E);
Mov(C,8,E);
Mov(C,11,E);
Mov(C,14,E);
Mov(C,17,E);

Adaptive Moving Average:
period:=Input("Period",1,250,13);
DifP:=Abs(C-Ref(C,-1));
SC:=Power((Abs(C-Ref(C,-period)) / Sum(DifP,period)) * 0.60215{2/3-2/31} + 0.06452{2/31},2);
AMA:=PREV+(SC*(C-PREV));
AMA


> -----Original Message-----
> From: owner-metastock@xxxxxxxxxxxxx
> [mailto:owner-metastock@xxxxxxxxxxxxx]On Behalf Of C.S.
> Sent: Saturday, 5 May 2001 7:58
> To: MetaStock List
> Subject: ...And now, for something completely different. (M. Python)
>
> OK, got my panties pulled out and ready for some good exchange of trading
> ideas.

Now this is intriguing...