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Each to their own..we all find what provides value
to each us..
Probably why there are zillions of books on how to
trade and as many indicators, not to mention the so called
'systems'.
Way overdone in my estimation.
Dick.
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style="PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
----- Original Message -----
<DIV
style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From:
Lionel
Issen
To: <A
title=Metastockusers@xxxxxxxxxxxxxxx
href="mailto:Metastockusers@xxxxxxxxxxxxxxx";>Metastockusers@xxxxxxxxxxxxxxx
Sent: Wednesday, October 23, 2002 5:37
PM
Subject: RE: [Metastockusers] Shifted
moving average
Why don't you use
an MACD o price oscillator?
<FONT
face=Tahoma size=2>-----Original Message-----From: Walter LE
CORDIER [mailto:lecordier.walter@xxxxxxxxxx] Sent: Wednesday,
October 23, 2002 4:06 PMTo: <A
href="mailto:Metastockusers@xxxxxxxxxxxxxxx";>Metastockusers@xxxxxxxxxxxxxxxSubject:
Re: [Metastockusers] Shifted moving average
Yes David!
It's exactly what I want! This way, I can "secure" the position by a
"secure" (confirmed and delayed) trend. On a 1 mn chart this delay of 3
periods isn't a problem.
Walter
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----- Original Message -----
<DIV
style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From:
DAVID H.
LINTON
To: <A
title=Metastockusers@xxxxxxxxxxxxxxx
href="mailto:Metastockusers@xxxxxxxxxxxxxxx";>Metastockusers@xxxxxxxxxxxxxxx
Sent: Wednesday, October 23, 2002 10:38
PM
Subject: Re: [Metastockusers] Shifted
moving average
Walter
The point I was trying to make, obviously not very
clearly, is that there is no value in plotting a current ma
point (either ma with a -3 offset, or ref(ma,3), same thing) at X
periods in the past because you can't make current use of it until X
periods in the future. All it will do is mislead you by back testing with
it.
In your code below, if the fast ma crossed above the slow
ma now, you would not see it until 3 periods from now.
DavidTo unsubscribe
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