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Registered User
Joined: 1/27/2007
Posts: 2
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Wednesday 2/20's submission by Sir Cluster he suggests overlaying 3 Fib natural growth and decay simple moving averages. One for the minor trend, int. trend, and primary trend. What are the natural growth decay SMA's ( as opposed to retracements)and how do I do this?
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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Welcome to the forums. A very good foundation for learning how to use TeleChart can be gained by reviewing the following:
If you are new to TeleChart READ THIS FIRST!
They are just Simple Moving Averages of the Periods specified.
Minor Trend: 5-Period Simple Moving Average
Intermediate Trend: 13-Period Simple Moving Average
Primary Trend: 34-Period Simple Moving Average
You would add these Moving Averages to the chart the same way you would add any other Moving Average:
Select Chart Template | Add Indicator | Moving Average | Price.
You may wish to review the following:
Adding, removing and saving indicators to a chart template
What is a Fibonacci natural ratio growth and decay simple moving averages
If you need additional clarification, you may send an email to Sir Cluster's attention at support@worden.com to get further clarification from the author. These emails are forwarded and you should receive a response (at least from us). All e-mail communication sent to support@worden.com during business hours (Monday through Friday 9AM-11PM and Saturday and Sunday 9AM-3PM ET) should be answered within 20 minutes of arrival.
After Mr. Worden publishes an article, many times other customers have questions that can only be answered by the author of the article. We do not give out anyone’s email address or other personal information, rather, we will just forward their email on to the appropriate person. The individual may or may not choose to respond directly to you.
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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Registered User
Joined: 1/27/2007
Posts: 2
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Thanks Bruce
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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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Registered User
Joined: 12/5/2004
Posts: 9
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Bruce, are you saying that Sir Cluster is referring to price SMA's rather than some sort of SMA applied to the Fibonacci retracements? I think this is the confusing part.
Dennis
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Registered User
Joined: 1/28/2005
Posts: 6,049
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Yes they are of price.
The "fib" is the length used.
Thanks
diceman
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Worden Trainer
Joined: 10/1/2004
Posts: 18,819
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diceman is correct. Fibonacci refers to the number sequrence. Retracements are just another way to use the number sequence. The knight uses the number sequence to choose the periods of his moving averages on price.
- Craig
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