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Strategies & Market Trends : Technical Analysis - Beginners

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To: David Raine who wrote (8989)12/14/1998 11:27:00 AM
From: TA2K  Read Replies (1) of 12039
 
David, You posted the formula for MACD, so I assume that you can answer a follow up question: If one wanted a **weekly-basis** MACD, could one just multiply your numbers by 5 (five days per week)?

Same question for Stochastics (or RSI). Could we simply just multiply the usual Stochastics number by 5 to get weekly?

Using only **daily** TA indicators seems to me to be weak. One should also take into account the longer-time-frame cycle. But the question is: How to do it in a single MSWIN exploration???

Thanks,
Nicholas
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