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Worden Discussion Forum » Customer Training & Support » Ask a Trainer - TC2000 version 7 » PRESET CHART TEMPLETS

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maxirich
Posted : Thursday, February 10, 2005 1:57:25 PM
Registered User
Joined: 1/11/2005
Posts: 10
 I recently downloaded the 05 version of TC2000. I noticed that on the preset chart settings several have a moving average of BOP. Since BOP is both positive an negative just what does the MA of this indicator tell you
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Craig_S
Posted : Thursday, February 10, 2005 2:08:16 PM


Worden Trainer

Joined: 10/1/2004
Posts: 18,819
 It will tell you how the BOP today compares to the average of the previous BOP. Is it above where it was or below? The average makes this clearer. Also, you will need several negative BOP readings before the average will be pulled negative (and visa versa).

The templates themselves are not intended to be settings for you to use. You will want to customize them to fit your trading style with indicators you use and understand.
- Craig
Here to Help!
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