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Re: daily/weekly EL system?



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One simple solution is to multiply all of your Weekly Indicator period
references by 5 and switch them over to daily charts and dump the Weekly
data stream from your charts.
       
It's not always immediately 100% accurate, but you can play with the values
and eventually get the daily indicator to mimic the weekly.
        
i.e. If you're using an 13 period Exponential Moving Average on a Weekly
data stream, change it to a 65 period ExpMa and plot it on a daily chart...
            
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At 08:47 pm 1/12/98 -0800, you wrote:
>    If someone has or could write an EL code that uses a running 5 days for
>an indicator etc. then you could have a weekly indicator in a daily chart!
>The running indicator as an example would say run from last monday to this
>monday, then on tues. it would run from last tues to this tues. etc.  In
>other words compress the last 5 days into a week and do it each a every day
>then you would have a weekly indicator in a daily chart.  If anyone has any
>code to do this I would also like to have it!!   Also any other ideas along
>this line of thinking would be very helpful!! 
>