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At 01:45 AM 12/30/2003, Alex Matulich wrote:
>I remember that. Mark Johnson had deliberately obfuscated it with
>bizarre formulas like Tangent(.022199645) and sums of Fibonacci
>constants. After poring through it a while, one discovers that the
>whole thing reduces to one line of code! Mark confirmed to me that
>I had figured out the puzzle.
>
>PGO = (close - average(close, length)) / xAverage(TrueRange, length);
Your version is actually better than the original.
The original defined a lot of variables that were not properly initialized so it took a lot of bars before the variables reached their normal values.
This caused people to get different results because they did not have enough data on the chart.
Bob Fulks
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