Registered User Joined: 3/31/2005 Posts: 17
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This has probably only been asked thousands of times but that will make this one easy for you to answer.
I have never looked at the custom indicator and for fun I just put in a 5 day moving average based on the close in the upper window: (c+c1+c2+c3+c4)/5. And, by gosh there’s the line on the chart.
Next, I added the default 5 day moving average.
Question: Why are the depicted lines on the chart so different while the calculated numbers appearing in the pop up box (double click the period key) the same? For instance, IOC on 11/30/10 has both the default 5 DMA number and the custom number at 76.63. However, the displayed lines are not the same. The Worden 5 DMA appears right on but the custom line is at approximately 78.
Thank you.
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Registered User Joined: 3/31/2005 Posts: 17
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I see that if I check the "Plot using price scale" the lines magically come together. Please disregard ill informed question.
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Worden Trainer
Joined: 10/7/2004 Posts: 65,138
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I'm happy to read you were able to figure it out on your own.
-Bruce Personal Criteria Formulas TC2000 Support Articles
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