Registered User
Joined: 10/7/2004
Posts: 35
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Thanx Bruce for all you do here.... Simply AWESOME !
so how would I create a Midpoint(SMA) of a 50sma and 100 sma despite the fact that they will cross?
I havent been able to find another topic like this one.
THANX
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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The midpoint between the 50-period and 100-period simple moving averages of price would be:
(AVGC50 + AVGC100) / 2
You can plot the desired value on the chart if you use it as the Formula in a Custom PCF Indicator plotted in the same scale and pane as price.
Adding and Moving Indicators (7:19)
-Bruce
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