> here is the exerpt/formula out of the book......
> MD=MD[1]+(close-MD[1]/(k*P*@power((close/MD[1],4)));
I don't have Kaufman's book handy but that has the look of one where MD
should be initialized to the close rather than to zero.
var: MD(close);
not
var: MD(0);
--
Dennis
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