|
PureBytes Links
Trading Reference Links
|
José,
I am really interested in a variable-period EMA
based on ATR volatility.
Thanks
Lerno
<BLOCKQUOTE
>
----- Original Message -----
<DIV
>From:
Jose
To: <A
title=equismetastock@xxxxxxxxxxxxxxx
href="">equismetastock@xxxxxxxxxxxxxxx
Sent: Friday, February 20, 2004 10:11
PM
Subject: [EquisMetaStock Group] Re:
Lookback Length
Werner, you may want to take a peak at the dynamic
indicators in<A
href="">http://users.bigpond.com/prominex/pegasus.htm#metastockIn
particular, "Dynamic Mom Index", "EMA-RSI", "EMA-Volume" and
"EMA-Volatility". If there is enough demand, I'll code a
variable-period EMA based on ATR volatility.jose
'-)--- In <A
href="">equismetastock@xxxxxxxxxxxxxxx,
WKRAG@x... wrote:> Good day, >
> it has always bothered me to use a "fixed length" for Moving >
Averages or just about any other indicator.> I find lots of discussions
on why a 10-day, 20-day or whatever day, > Indicator is the best (or
not best). In my opinion there is NO "best" > lookback period.
> What I am looking for is some kind of DYNAMIC ADAPTATION. >
Sometimes the short ones work well (in choppy markets), sometimes the
> long ones work well (in trending markets). > BUT... >
Can we go beyond this profane conclusion? > > Is there any way
(or at least idea) on how to choose a better method > to select the
lookback period? > I was thinking of this: If the Average True Range
(ATR) is high, > select a shorter period, this way you quickly adapt to
large moves > without overshoot. > > If the ATR is low,
select a longer period to avoiid getting > whipsawed. > >
BUT, I still need to make that arbitrary decision on the lookback >
length. Any better (or more rational) way for DYNAMIC ADAPTATION? >
> WErner
Yahoo! Groups Sponsor
ADVERTISEMENT
Click Here
Yahoo! Groups Links
To visit your group on the web, go to:http://groups.yahoo.com/group/equismetastock/
To unsubscribe from this group, send an email to:equismetastock-unsubscribe@xxxxxxxxxxxxxxx
Your use of Yahoo! Groups is subject to the Yahoo! Terms of Service.
|