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Does anyone know what this formula is? Rate this Topic:
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halliday
Posted : Monday, April 9, 2007 1:53:09 PM
Registered User
Joined: 12/31/2004
Posts: 163
Hi,

I got a Cumulative Formula (I think in the Worden Notes) some time ago and don't remember what it calculates, do you?

Up Condition:
c-avgc10>0 and avgc20>(avgc20+avgc20.1+avgc20.2)/3

Down Condition:
c-avgc10<0 and avgc20<(avgc20+avgc20.1+avgc20.2)/3

Add/Subtract:
1

Thanks,

Bill
Bruce_L
Posted : Monday, April 9, 2007 1:57:08 PM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138
This appeared in the Tuesday, February 1, 2005 Worden Report. There was quite a bit of discussion of this report at the time. You may wish to review the following:

>>>>> Worden Report Searchable Archive Link <<<<<<
Cumulative Indicator as posted in Feb 1 Worden Notes
Learn how to use the forums: post a new topic, reply, Search existing topics

The Indicator will increase when Price is greater than its own 10-Period Simple Moving Average and the 20-Period Simple Moving Average of Price is greater than its own 3-Period Simple Moving Average. The Indicator will decrease when Price is less than its own 10-Period Simple Moving Average and the 20-Period Simple Moving Average of Price is less than its own 3-Period Simple Moving Average. The trainers cannot give settings, interpretation or investment advice.

-Bruce
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halliday
Posted : Monday, April 9, 2007 2:24:14 PM
Registered User
Joined: 12/31/2004
Posts: 163
Hi Bruce,

Thank you for the information.

I noticed that the Add/Subtract entry being used at:

Cumulative Indicator as posted in Feb 1 Worden Notes

was:
1+1

I'm just using 1, should I change it to 1+1?

Bill
Bruce_L
Posted : Monday, April 9, 2007 2:33:41 PM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138
I can't think of a reason to use 1+1 instead of 1 (but could be missing something).

-Bruce
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halliday
Posted : Monday, April 9, 2007 2:34:53 PM
Registered User
Joined: 12/31/2004
Posts: 163
Super!

Thanks
Bruce_L
Posted : Monday, April 9, 2007 2:35:17 PM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138
You're welcome.

-Bruce
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