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<FONT face=Arial
size=2>Roy:
<FONT face=Arial
size=2>
<FONT face=Arial
size=2>I've had some experience editing technical publications. I'd be happy to
review your drafts, no charge.
<FONT face=Arial
size=2>
<FONT face=Arial
size=2>Lionel
From: Jose [mailto:josesilva22@xxxxxxxxx]
Sent: Tuesday, May 11, 2004 12:34 AMTo:
Metastockusers@xxxxxxxxxxxxxxxSubject: [Metastockusers] Re:
Exponential Moving Average in Excel
Hi Roy,How is it going with the advanced MetaStock
manual?I'm full of admiration for anyone even attempting this massive
task. :)"The average of one bar is not only possible but
very precise, and easy to calculate too."Average definition:"A
mean proportion, medial sum or quantity, made out of unequal sums or
quantities."An average of one value is just not an average in my humble
opinion."MetaStock and I agree :-)"That doesn't necessarily
make the assumption correct."Your EMA varies from the MetaStock EMA
for quite a few bars after the first seven as well. Is that right or wrong,
or just different?"That's an easy one. Plot the two on a variety
of charts, specially one with large bar1~bar2 differences, and judge for
yourself.Personally, I trust my EMA to be correct because I fully
understand its construction, and it's fully transparent in its inner
workings.And as we both know, and contrary to popular belief, MetaStock is
not the last word when it comes to accuracy - look at the Linear
Regression issues.Regardsjose
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