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csong,
There are literally dozens of ways to confirm a trend...up or down.
Some of the more recent post on this group site have talked about
using a trend indicator that appeared in Roy's newsletter. That is
certainly one way to do it. When using moving averages the tendency
is to use longer moving averages. 30 days will give you a trend
indication but its only over a 30 day timeframe. In this case you
need to look for a rate of change (ROC) that is less or greater than
previous. Another idea is to use 3 moving averages. Something like a
30, 60, and 90 day lookback period. You would want the close greater
than the 30, the 30 greater than the 60, and the 60 greater than the
90 for an uptrend and reversed for a downtrend. This is all
hypothetical and you as a technical analysist must determine the
timeframes that best suit your trading style.
Preston
--- In equismetastock@xxxxxxxxxxxxxxx, "csong60" <arlie@xxxx> wrote:
>
> Hi!,
>
> Just reverse the crossover expression to Cross(Mov(C,30,S),C).
>
> Please correct me if I am wrong, but whenever the CLOSE crossover
the
> MA line does it mean an uptrend? CLOSE do crossover downtrend MA
line
> too. So is there a way to confirm whether the MA line is uptrend or
> downtrend?
>
> Best regards,
> csong
>
>
> --- In equismetastock@xxxxxxxxxxxxxxx, "allbos_13" <allbos_13@xxxx>
> wrote:
> >
> >
> > Hi,
> > I have just started using MS and would like to ask for a help.
> > This is probably to most of you very easy.
> >
> > With his formula I am filtering stocks that are crossing
> > and closing above MA30 (uptrend):
> >
> > cross(c,mov(c,30,s))
> >
> > How do I filter those that are crossing and closing below
> > MA30 (downrend)?
> >
> > I would appreciate any kind of help.
> > Thanks Gordan
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