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Registered User
Joined: 11/19/2015
Posts: 459
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Hello. I found this trend indicator in the forums. What are the values? What are they referring to?
What is the calcuation saying, in general?
207945 / 5324 * XAVGC6 + 21 / 4 * XAVG(XAVGC8,8) + 96 / 121 * XAVG(XAVGC17,17) + 4905 / 484 * XAVG(XAVGC6,6) - 217 / 4 * XAVGC8 - 1312 / 1331 * XAVGC17
Thank you.
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Administration
Joined: 9/30/2004
Posts: 9,187
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I think it's a DEMA MACD. You can find more information here: Setting up a DEMA MACD
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Registered User
Joined: 11/19/2015
Posts: 459
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Thanks, StockGuy. That helps me do some testing.
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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That formula is calculating a DEMA MACD 8,17,6 trigger line. So it is the 6 period double exponential moving average of the DEMA MACD 8,17. The DEMA MACD 8,17 is is the 8 period double exponential moving average minus the 17 period double exponential moving average.
It is from my Monday, September 12, 2005 7:20:10 AM ET post in the Setting up a DEMA MACD topic.
-Bruce
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Registered User
Joined: 11/19/2015
Posts: 459
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Thanks, Bruce. Helpful.
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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You're welcome.
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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