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Moving Average out of a Trend Stability Factor calculation Rate this Topic:
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SweetAndSour
Posted : Monday, September 10, 2018 3:06:08 AM
Registered User
Joined: 5/26/2017
Posts: 25

Hi Trainer,

I have a Trend Stability Factor calculation.

((((XAVGC100.0 - XAVGC100.1) / XAVGC100.1) * 100) * 5) + (((XAVGC50.0 - XAVGC50.1) / XAVGC50.1) * 100)

Out of this calculation, i would like to get a smoothing using a 60 day SMA. How can i do this?

Thanks

 

Bruce_L
Posted : Monday, September 10, 2018 10:32:42 AM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138

You should be able to put the entire thing in an AVG() function.

AVG(((((XAVGC100.0 - XAVGC100.1) / XAVGC100.1) * 100) * 5) + (((XAVGC50.0 - XAVGC50.1) / XAVGC50.1) * 100), 60)



-Bruce
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traderlady
Posted : Monday, September 10, 2018 12:14:44 PM
Registered User
Joined: 10/7/2004
Posts: 1,178

I've not used Trend Stabity Factor Calculations before and am just wondering...

If I wanted a faster calculation speed than slow, let's say I changed the values to those below:

AVG(((((XAVGC34.0 - XAVGC34.1) / XAVGC34.1) * 100) * 5) + (((XAVGC21.0 - XAVGC21.1) / XAVGC21.1) * 100), 60)

Then would the bolded values of 5 and 60 remain the same or need to be changed. 

If they need to be changed, what is the logic behind the values one might choose?

 

 

Bruce_L
Posted : Monday, September 10, 2018 12:54:17 PM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138

I am not famililiar with the calculations either. I just smoothed the formula as provided. I cannot think of an obivious reason these values would need to be changed, but I am not familiar with the purpose of the formula or the reason the formula is structured as given.



-Bruce
Personal Criteria Formulas
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SweetAndSour
Posted : Monday, September 10, 2018 1:11:20 PM
Registered User
Joined: 5/26/2017
Posts: 25

QUOTE (traderlady)

I've not used Trend Stabity Factor Calculations before and am just wondering...

If I wanted a faster calculation speed than slow, let's say I changed the values to those below:

AVG(((((XAVGC34.0 - XAVGC34.1) / XAVGC34.1) * 100) * 5) + (((XAVGC21.0 - XAVGC21.1) / XAVGC21.1) * 100), 60)

Then would the bolded values of 5 and 60 remain the same or need to be changed. 

If they need to be changed, what is the logic behind the values one might choose?

The trend stability factor is a backtested calculation metric used to pre-select a list of stocks with a certain trend quality specification. The output of the list will then be used to trade pullbacks (with a different formula) during an uptrend. Speeding up the calculation can produce missleading results!

traderlady
Posted : Monday, September 10, 2018 3:35:51 PM
Registered User
Joined: 10/7/2004
Posts: 1,178

Thanks for your answer, SweetAndSour---& good trading!

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