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Re: Best alternative to TradeStation 2000i?



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Mark,

Why would I want to provide all those parameters to TW.CalcFormula for
a moving average of closes.  You specify close twice, along with unrelated
items such as volume, open interest, high, etc.  This makes the code for a
simple moving average of closes very non-intuitive and unecessarily complex
for the task, at hand.  I understand your comment regarding consistency
between different types of moving average calculations but your syntax looks
ugly considering the simplicity of what is being performed.

I am also puzzled why the parameter order in part reads hi,lo,open,close.
I usually see the order open,hi,low,close.  Is this a new standard??

Chris Norrie


> In TraderWare this is how a simple moving average is plotted as an
> indicator.  While it looks more complicated that in easy language "it is
> not".  
SNIP
> mb
> 
> 
> ========================
> 
> Sub IndicatorEntry()
> 
> 'Calculate a 5 period simple moving average of the closing price
> Call TW.CalcFormula("MOV(c,5,s)", twDate, twHigh, twLow, twOpen, twClose,
> twOpenInterest, twVolume, twResults, twDates, twValid)
> 
> 'Plot the result
> Call TW.PlotIndicator(twPanelID, twName, twStyle, twDates, twResults,
> twValid, twColor)
> 
> End Sub
> 
> =========================