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If you are using an input of Daily data, changing to Weekly seems to use the
most recent 5 days worth of Daily data. I have been assuming this, but would
appreciate correction. Correspondingly, Daily to Monthly would use a factor
of about 21, and Weekly to Monthly, 4. You would have to be a really
long-term trader to use Yearly! My trading style involves changing from
Daily to Weekly.
----- Original Message -----
From: "Sean Taylor" <cloudnine@xxxxxxxxxxxx>
To: <metastock@xxxxxxxxxxxxx>
Sent: Tuesday, July 10, 2001 4:10 PM
Subject: RE: Daily/Weekly/Monthly charts
> Anybody know how weekly data is calculated from daily?
> Is it the mean of the last complete week (i.e. M-F)? implying no value
until
> the Friday's closing prices are in!
>
> Thanks,
> Sean
>
> -----Original Message-----
> From: owner-metastock@xxxxxxxxxxxxx
> [mailto:owner-metastock@xxxxxxxxxxxxx]On Behalf Of kevin miles
> Sent: Friday, July 06, 2001 9:55 PM
> To: metastock@xxxxxxxxxxxxx
> Subject: Re: Daily/Weekly/Monthly charts
>
>
> Sean,
>
> as far as i know, there should be no practical difference between a), and
> b), other than you are collecting more data.
>
> as far as i am concerned, daily data (and using the "change periods"
> option) should be just fine.
>
> best wishes.
>
> kevin
>
>
> ----- Original Message -----
> From: "Sean Taylor" <cloudnine@xxxxxxxxxxxx>
> To: "Metastock List" <metastock@xxxxxxxxxxxxx>
> Sent: Saturday, July 07, 2001 12:18 AM
> Subject: Daily/Weekly/Monthly charts
>
>
> > Hi,
> >
> > Can anybody tell me what the difference is between
> > a) downloading daily data and selecting the display to be
> > Daily/Weekly/Monthly
> > b) downloading Daily/Weekly/Monthly data charts i.e. 3 different charts.
> >
> > Thanks,
> > Sean
> >
>
>
>
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