DYO: Modified Moving Average by Joe Sharp


Q:  Is it possible to write a Modified Moving Average using the new-and-improved DYO Study?

Here is an example of specific settings: http://trader.online.pl/MSZ/e-w-Modified_Moving_Average.html

Here is an example of a 50-bar MMA: http://www.meta-formula.com/Metastock-Formulas-M.html#Modified%2050%20Day%20Moving%20Average

Here is an example of a function: http://trader.online.pl/ELZ/t-i-Modified_Moving_Averages.html

We can now write loops in a DYO. Can the "function" be written using a DYO? Can you do this?

1. Open a chart
2. Apply a Simple Moving Average of the desired length
3. Don't actually PLOT the Simple Moving Average
4. Use the values of the Simple Moving Average Study in a DYO Study to generate the Modified Moving Average
5. Plot the Modified Moving Average

This moving average is very popular with certain traders.  Could it be added as an "enhancement" to a future version of Ensign?

A:

Template:  1329-ModifiedMA

Template:  1329-ModifiedMA


Last modified 8/8/08 11:36 AM