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Mark,
How do you accomplish the "forward normalize" function that you
reference?
Mark Brown wrote
> All you need to do is Forward Normalize the Price input of all your
> indicators this will solve any problems with splits and gaps. I figured
> you knew this by now, you've been around a long time. mb
>
> :I think momentum sucks. Another thing wrong with it is that if you
> :use it for backtesting stocks your results might be meaningless. If
> :a stock is split the historical value changes after a split - what
> :was ($30 - $20) becomes ($15 - $10). Better to convert to a
> :Percent (rate of change) rather than use an absolute dollar value.
> :Even converting to a slope, as Bob suggests, is inaccurate. The
> :previous
> :$10 difference, for example, per month, becomes $5 per month.
> :Not conducive to good system development.
> :
> :donc
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