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Jd,
Could you provide the list with MORE information on "the downloaded Trading
System manual" in your email?
Thanks,
George
----- Original Message -----
From: "John Doe" <ms001122@xxxxxxxxxxx>
To: <equismetastock@xxxxxxxxxxxxxxx>
Sent: Wednesday, October 15, 2003 3:35 PM
Subject: [EquisMetaStock Group] Jay - The Turtle system
> Jay,
>
> Page 14 of the downloaded Trading System manual states: N is simply the
> 20-day exponential moving average of the True Range... and then gives the
> formula (a few lines down) for N as
>
> N = (19 x PDN + TR)/20
>
> Now I am not a Ph.D. in Mathematics, but it seems to me that formula is
> calculating a SIMPLE MA, not an Exponential MA as they state. What do you
> think?
>
> JD
>
> PS: I personally use a simple MA of the ATR and have not tried using an
> Exponential MA. If you have, would you care to share your experience.
>
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