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the midpoint of 2 MA's Rate this Topic:
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BullHorn
Posted : Thursday, June 19, 2014 8:05:04 AM
Registered User
Joined: 10/7/2004
Posts: 35

Thanx Bruce for all you do here.... Simply AWESOME !

so how would I create a Midpoint(SMA) of a 50sma and 100 sma despite the fact that they will cross?

I havent been able to find another topic like this one.

THANX

Bruce_L
Posted : Thursday, June 19, 2014 10:11:26 AM


Worden Trainer

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

The midpoint between the 50-period and 100-period simple moving averages of price would be:

(AVGC50 + AVGC100) / 2

You can plot the desired value on the chart if you use it as the Formula in a Custom PCF Indicator plotted in the same scale and pane as price.

Adding and Moving Indicators (7:19)



-Bruce
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