alanfoy 10 posts msg #61305 - Ignore alanfoy |
4/10/2008 4:13:54 PM
Can someone please tell me how to write a filter that shows when -
DMA(11,-6) crosses above the upper bollinger band(20) ?
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msummer2007 129 posts msg #61307 - Ignore msummer2007 |
4/10/2008 4:36:31 PM
Alan you had it correct
and dma(11,-6) is crossing above upper bollinger(20,20)
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alanfoy 10 posts msg #61314 - Ignore alanfoy |
4/10/2008 5:37:13 PM
Well, have you tried it ? I can't get it to work. All I get is no matches & the debug
screen.
Here is what I am trying to do:
show stocks where price is above 1
and average volume(90) is above 50000
and DMA(11,-6) is crossing above upper bollinger band(20)
What's wrong ?
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msummer2007 129 posts msg #61316 - Ignore msummer2007 |
4/10/2008 6:10:31 PM
Right you are Alan.. I believe the reason is, that the DMAM(11,-6) is a lagging indicator, and what you appear to see on the charts, with the DMA(11,-6) crossing above the upper bollinger band is such, because the price has already began it's ascent.
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nikoschopen 2,824 posts msg #61324 - Ignore nikoschopen |
4/10/2008 8:01:18 PM
DMA(11,-6) ain't just a lagging indicator, it's a displaced indicator. Since it's displaced by 6 days, anything that appears within that displaced range is an imaginary number since it never yet happened.
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