SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Rolling Averages, Their ins and outs and ups and downs

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: nasdaqian who wrote (11)12/29/1999 11:55:00 AM
From: Drygulch Dan   of 31
 
Good point. The tools lots of times make things look different. I use Telescan charting service. They basically offer three time ranges on charts. When I download a chart, I can click on one of three buttons. Each button corresponds to three chart ranges. 6 month, 1 year, really long (length varies with security on this one.). Once the graph is down loaded, I have a capability to apply whatever sets of up to three MAs to it, and vary these as a set between arithmetic and exponential. So the six month chart only contains data spanning the last 6 months, one year chart contains a years worth of daily data, while the long term chart contains really long amounts of data out to about 20 years but each data point represents about four weeks data, each data point is a bar representing high, and low limits, plus the last.

So I download all three normally for each stock I am going to examine. Then I fiddle with combinations of MAs on each of these. For instance on the 6 month chart, I might start with 2/4/8 and if its too busy or doesn't show anything clearly, I might switch to say 5/10/20. The units of the basic graph are days and the units of the MAs are days, Same with the one year chart. The long term chart has units of about 28 days for the basic graph, and I don't really know what the units for its MAs are. The MA generator is an overlay that is locally applied on the PC display after the download. While the source graph is provided by the service at the time of the download. Of course these can then be saved locally for future reference. I pay about 9 or 10 bucks a month for this service. I discipline myself to limit download times to about 2 or 3 minutes a day. They charge by the minute. Each download session starts with a 2 minute minimum, sort of like a taxi cab minimum. I can usually download all the charts I want to look at in any given day in those first 2 minutes.

Comparing to your charting, its like I have two views of the daily data - 6 months and 1 year, and one long term view of the monthly data.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext