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Hi Roy!
Thanks so much for your advice and the forumulas!
At the risk of appearing a few bricks short of a load, I also want to
confirm that, for example, a 5 week moving average is equivalent to a
50 day moving average. Specifically, is a day period ma always times
five to equal a week period ma?
Best Regards,
Shelley
equismetastock@xxxxxxxxxxxxxxx, "Roy Larsen" <rlarsen@xxx> wrote:
>
> Hi Shelley
>
>
> Explorations can be set to run on weekly data. I suggest if you do
this that you set up explorations specifically for this and add "W" to
the name so that you can distinguish your weekly explorations from the
daily ones. Edit an exploration and select the Options button to
access the periodicity choices. This is not the same as the "global"
Explorer Options which sets date and number of records.
>
> If you wish to use both daily and weekly indicators in the same scan
then you can use custom indicators such as those from my selection of
weekly indicators for EOD data. These can be found at
> http://www.metastocktips.co.nz/other_formulas.html, and from time to
time new indicators will be added to the range. A weekly version of
Kaufman's AMA for EOD data will be included in the March issue of
MSTT, along with a daily version for intraday data. These and several
other longer-frame indicators will be added to the web page over the
next 2 or 3 months.
>
> I'm open to suggestions as to what additional indicators might be
useful, and just because you can't find the one you want doesn't mean
it doesn't exist or can't be built.
>
> You can, of course, run a daily exploration, and then run the
results of that in a weekly scan (or vice versa) by batching two or
more explorations (MS 7.0 and above).
>
>
> Regards
>
> Roy
> www.metastocktips.co.nz
>
>
> ----- Original Message -----
> From: shelleyide
> To: equismetastock@xxxxxxxxxxxxxxx
> Sent: Friday, February 24, 2006 6:48 AM
> Subject: [EquisMetaStock Group] General Help/Advice Needed for
Working with Weekly Moving Averages
>
>
> I started my trading career, such as it is, using daily data but
> recently I've concluded that a longer perspective is very helpful in
> making trading decisions. I've used moving averages, relative
> strength, volume and the MACD with daily data and I'd like to do the
> using weekly charts. I use the Explorer to locate trading opportunities.
>
> Does anyone have some tips/advice on how to conduct explorations and
> how to write formulas based on weekly charts in Metastock?
>
> Thanks.
>
> Shelley
>
>
>
>
>
> SPONSORED LINKS Business finance course Business to business
finance Small business finance
> Business finance consultant Business finance magazine
Business finance schools
>
>
>
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