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At 2:12 PM -0700 5/8/00, Dick Crotinger wrote:
>I don't do EasyLanguage, but occasionally see something that I would like to
>convert to "conventional syntax," like Clyde's latest formula,
>
>t3average(((h[0]-l[1])+(l[0]-h[1]))/c,15)
>
>I can unravel most of it, but don't know what the t3average or c is (would
>guess that c is the current bar's close).
>
>Does Cruz or anyone publish anything in the way of an online manual for
>this?
The T3 Average is a good moving average described by Tim Tillson in Stocks & Commodities magazine some time ago.
The argument says:
((High_of_this_bar - Low_of_last_bar) + (Low_of_this_bar - High_of_last_bar)) / Close_of_this_bar
and the average smoothing parameter is 15.
Bob Fulks
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