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Registered User Joined: 1/13/2005 Posts: 12
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When a 150 day moving average is ploted on a daily chart does it become a 30 week moving average when the view is change to weekly? What is used to plot a 30 week average using a weekly chart?
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Worden Trainer
Joined: 10/1/2004 Posts: 4,308
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Moving averages are based on price bars. A 150 bar moving average on a daily chart is a 150 day moving average. A 150 bar moving average on a weekly chart becomes a 150 week moving average. A 30 bar moving average is a 30 week moving average on a weekly chart.
- Doug Teaching Online!
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Worden Trainer
Joined: 10/1/2004 Posts: 18,819
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Check out this topic, it may help you understand what you are looking at.
Moving Averages
- Craig Here to Help!
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Registered User Joined: 1/13/2005 Posts: 12
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Thanks for the fast response! I noticed from reading other posts the great support team Worden has in place.
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Worden Trainer
Joined: 10/1/2004 Posts: 4,308
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Our pleasure!
- Doug Teaching Online!
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