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Alwin,
As usually Roy is right. I looked up the articles and they are
concerned with SMA. Sorry for the bum steer.
Jon
--- In equismetastock@xxxxxxxxxxxxxxx, "Roy Larsen" <rlarsen_quik@xxx>
wrote:
>
> Hi Alwin
>
>
> Calculating the price required for one EMA to cross over (or under)
another EMA is possible and somewhere I have a formula for calculating
the price required for that to happen.
>
> As I recall, the TASC articles related to a simple moving average
and price. The maths for SMAs is quite basic.
>
> Calculating a price needed for that price to cross an EMA is the
easiest calculation of all and for one simple reason - an EMA ALWAYS
moves TOWARDS the price it is averaging. This trait is inherent in the
way an EMA is constructed.
>
> What this means is that for an EMA to touch the price, today's price
must move to the value of yesterday's EMA. Therefore the effective
price/EMA crossover value is always yesterday's (the previous bars)
EMA value.
>
>
> Regards
>
> Roy
>
> ----- Original Message -----
> From: Alwin Chuah
> To: equismetastock@xxxxxxxxxxxxxxx
> Sent: Friday, May 04, 2007 1:26 PM
> Subject: Re: [EquisMetaStock Group] Re: End Point of Crossover of 2 EMAs
>
>
> Hi Jon
> Thank fo your info. I will check it out.
> Alwin
>
> jdc24060 <emsug@xxx> wrote:
> Alwin,
>
> The Feb and Mar 07 issues of TASC carried a 2 part article on
> Anticipating MA Crossovers. I haven't studied the articles extensively
> but I think they were addressing the issue you have in mind. They are
> probably archived at www.traders.com although you may have to be a
> subscriber to view them without cost.
>
> I hope that helps,
> Jon
>
> --- In equismetastock@xxxxxxxxxxxxxxx, "Jose Silva" <josesilva22@>
> wrote:
> >
> > Alwin, there is a way, but I haven't done any work on this.
> >
> >
> > jose '-)
> > http://www.metastocktools.com
> >
> >
> >
> > --- In equismetastock@xxxxxxxxxxxxxxx, Alwin Chuah <ctk188@> wrote:
> > >
> > > Hi Jose
> > > Thanks for writing this formula.
> > > This formula is useful for me for stock trading
> > >
> > > I also trade Futures.
> > > However is there any way to write a formula to know at what point
> > tomorrow will it cross?
> > > This is because when I trade Future, I buy when the EMA cross up
> and I
> > sell when it crosses down.
> > > Right now at the end of the day I manually key in the close
> price at
> > the Downloader(Metastock) to check at what point it will cross for
> > tommorow.
> > > I hope you will reply this email.
> > > Thanks
> > >
> > > Alwin Chuah
> > > .
> > >
> > >
> > >
> > > Jose Silva <josesilva22@> wrote:
> > > Alwin, if by "End Point" you mean the last crossover
> signal,
> > try something
> > > like this:
> > >
> > > ---8<-----------------------
> > >
> > > { Last EMA crossover signal.
> > > http://www.metastocktools.com }
> > >
> > > { EMA periods }
> > > pds1:=4;
> > > pds2:=9;
> > >
> > > { EMAs }
> > > EMA1:=Mov(C,pds1,E);
> > > EMA2:=Mov(C,pds2,E);
> > >
> > > { Crossover signals }
> > > signal:=Cross(EMA1,EMA2);
> > >
> > > { Last signal }
> > > last:=signal*Cum(signal)=LastValue(Cum(signal));
> > >
> > > { Plot in own window }
> > > {signal;}last
> > >
> > > ---8<-----------------------
> > >
> > > jose '-)
> > > http://www.metastocktools.com
> > >
> > > --- In equismetastock@xxxxxxxxxxxxxxx, Alwin Chuah <ctk188@> wrote:
> > > >
> > > > Hi
> > > > I am looking for a formula that can identify the
> > > > End Point of crossover of 2 EMAs ( eg EMA 4 cross EMA 9)
> > > >
> > > > Thanks
> > > > Alwin chuah
> >
>
> ---------------------------------
> Ahhh...imagining that irresistible "new car" smell?
> Check outnew cars at Yahoo! Autos.
>
> [Non-text portions of this message have been removed]
>
>
>
>
>
> [Non-text portions of this message have been removed]
>
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