Hi,

Im just curious - how is "Moving Up Smart" defined? For Moving averages.. within the "Create Alert" dialog.. we have a "Period" option and then a slider with "Slowly", "Fast" and "Very Fast" but no indication of how this is computed...

I had a look in the online help but I didnt find it mentioned.

To give an example I am looking at the 10EMA on the daily charts..

Can you give any information on how the sliding scale is calibrated ?

Is zero at the far left of the slider ? Is it a linear scale ? Whats at the far right of the slider ?

Also what about the "Period" field.. does that make sense when applied to a moving average ? Or is it an averaging of the average..

Puzzled !

Thanks for your help

-Jason

Smart is not defined. It is proprietary and I do not know how it is calculated. It is just designed as a way to use an English language description and get a result when you don't need to know how it works.

If you do need to know how it works, you will need to use Net or Percent instead of Smart.

Thanks for the quick reply :)

-Jason

Hi,

Thinking more about the smart meter - It seems to me that without having any feedback of what a given level on the smart meter means - it makes it kind of useless.. without a massive amount of trial and error.. And in the case of alerts coming from moving averages - that trial and error would be hugely time-consuming. And therefore impractical. Which is a shame..

When really, I suspect is that the feature is useful. But from my perspective, I have no handle on how to use it.

Which leads me to think about how it coule be demystified. - would it be possible (or easy)  to have some kind of visual feedback for what would count as moving up "fast". So as you move the slider left and right then an indicator lights up along its length to display what the smart meter would include or exclude.

I'm thinking an indicator with markings horizontally for each time period and its either red or green according to the smart meter. and the reds change to greens as you move the smart meter slider..

Just an idea :)

I've not thought through how this could be applied to other alert sources beyond moving averages.. Maybe someone at worden has a good general purpose suggestion.

Really we need some kind of feedback so we can work out how to position the slider.. Otherwise the feature isnt going to get used much. Or its going to be used badly.

Incidentally - the same feedback (however it might be given) would be useful for Moving Up % and Moving Up Net.

Kind Regards,

-Jason

Thank you for your suggestion. It has been assigned case number 7120.

I stumbled across this as I was trying to set a moving average alert.

I am trying to get an alert as It approaches my moving average,  not exactly cross it.  Using this so that I get an alert when a stock comes close to the MA, but bounces.

What would you recomend for this?  Is that where I would use the "moving down smart"?

Ty

I could write a book on this !

If you want to find things that come 'close' to a specific moving average then try using a moving average of greater (or lower) period than the one you are interested in.. So if you are interested in things that gain support from the 200 day then you could try using something like the 180 day - or 220 day.. which ever is on the 'right' side.. and by a 'little bit'.. buy them when they cross up on this line

This is (similar to) what I do.. 

There are many many ways to implement this though.. 

I dont use Moving up smart for anything. (because I cant quantify it) what I did was create formulas that tell me the current  'gradient' of a moving average and buy when this gradient is above a certain threshold (say 1.5% per day)

I don't know if this is being monitored as it is an old topic. But I have played around with various Moving Up Smart settings.  What baffles me is the meaning oif the slider.  Slowly responds to fast moves (big changes in a few minutes (intraday with Platinum).  But moving the slider to the Fast or Very Fast, and the period even 1 week, it never triggers.  That is on a stock that has moved several %.  I never found a setting oif the slider that gave any results on any time frame other than to the left of Fast and even to Slowly.

An explanation of what moving the slider should change what it triggers on whould be helpful. 

The slower the setting, the more symbols will pass. Moving the slider to a faster setting will result in fewer symbols passing.

Beyond that, I can only repeat what I have already said. Smart is not defined. It is proprietary and I do not know how it is calculated. It is just designed as a way to use an English language description and get a result when you don't need to know how it works.

If you do need to know how it works, you will need to use Net or Percent instead of Smart.

OK, More mystery here.  I don't know just what you mean by symbols passing. To me a symbol is a stock with associated price. Passing probably means some filter or duration of time.

It actually seems to catch rapit moves with the slider over to the left, in any event.

Moving Up Smart is a Condition. It returns true (passing) or false (not passing). More symbols will have the Moving Up Smart Condition be true (passing) when it is set to slowly than when the slider is set to a faster setting.

"Trust Me....I'm your Doctor"...just take these pills and you'll feel better.

No, just use Net or Percent if you actually need to know how it works. They are available and their logic is transparent. You don't need to use the black box.