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Registered User
Joined: 12/31/2004
Posts: 163
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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
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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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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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
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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I can't think of a reason to use 1+1 instead of 1 (but could be missing something).
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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Registered User
Joined: 12/31/2004
Posts: 163
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Super!
Thanks
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
|
You're welcome.
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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