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Hi Jose
Do you subscribe to the belief that bullish trading days occur at the end and the beginning of the month? As per Gary Smith
Regards
Bill
Jose Silva <josesilva22@xxxxxxxxx> wrote:
John, the code below plots exactly the same signals:
---8<------------------------
ema:=Mov(C,30,E);
C>ema
AND Sum(ema>Ref(ema,-1),2)=2
AND Ref(ema,-2)<Ref(ema,-3);
---8<------------------------
Reiterating Roy's post, an exponential MA will always tick up when
the price is above it. With this in mind, a plain price/EMA
crossover will plot similar signals:
---8<------------------------
ema:=Mov(C,30,E);
Cross(C,ema)
---8<------------------------
jose '-)
http://www.metastocktools.com
--- In equismetastock@xxxxxxxxxxxxxxx, "johnnic1948" <johnnic@xxx>
wrote:
>
> Would someone please be kind enough to confirm that the following
> simple code does what I want it to do?
>
> If the closing price crosses above the 30 week EMA or is already
> above the EMA, and the EMA has turned upwards, then.....
>
> The code I have written is:
>
>
> (Cross(C,Mov(C,30,E)) OR C > Mov(C,30,E))
>
> AND
> (Mov(C,30,E) > Ref(Mov(C,30,E),-1)
>
> AND
> Ref(Mov(C,30,E),-1) > Ref(Mov(C,30,E),-2)
>
> AND
> Ref(Mov(C,30,E),-2) < Ref(Mov(C,30,E),-3));
>
>
> Even if it is correct, is there a more elegant way of achieving the
> same end?
>
> Thanks
>
> John
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