MetaTrends by R.G. Boomers
ARTICLE SYNOPSIS ...MetaTrends by R.G. Boomers
Many of the tools of technical analysis are based on an interval of time. The question that always gets asked concerning such tools is, "What is the best interval?" So
Just when you thought you'd seen everything in charting, along comes a new idea. what is it? All intervals! That's right, use 'em all! At the same time! The technique is known as MetaTrends, and I'll show you how they are formed.
THE TECHNIQUE
First, plot an ordinary graph of stock prices. For my purposes here, I use the Dow Jones Industrial Average (DJIA) from 1924, but you could use any time perio...
AUTHOR: R.G. BoomersDATE: JUN 2001SUBJECT: Trading Techniques
Variable-Interval Moving Averages by R.G. Boomers
ARTICLE SYNOPSIS ...Variable-Interval Moving Averages by R.G. Boomers
Time is the most difficult variable to capture in an indicator. Here's a way to have a responsive, adjustable-length moving average without a lot of high-level math.
Simple moving averages are, perhaps, the best-known and utilized tool of technical analysis. Yet they do have limitations. One such limitation becomes painfully apparent when you try to choose an interval for the moving average. After all, different intervals have different strengths; a long interval for the moving average is great for smoothing random fluctuations, while a short...
AUTHOR: R.G. BoomersDATE: JUL 2001SUBJECT: Indicators