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Strategies & Market Trends : Technical Analysis- Indicators & Systems

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To: TechTrader42 who wrote (2527)8/16/1997 6:56:00 PM
From: GW Riedeman   of 3325
 
For Rainbow, the formulas were elementary, that's why I didn't go into them. The resulting moving average weighting of the multiple mov() combinations was not at all obvious by observation. That's what I hoped to illustrate. TA usually doesn't deal with moving averages (other than simple) that don't peak at the current value. These Rainbow MAs don't.

As for your TASC issue -- Rats....caught in the act. But I've got the whole continent between us to discourage extradition...

As for this new concoction, it doesn't look too obtuse. After getting it this far, I'll bet you've visualized it already!

Regards...Bill
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