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Whoa, now! Hold them horses! :-)
We're talking about two different things here...
Average(C[5], 13) is something totally different
than Average(C, 13) displaced back in time 5 bars.
Try plotting the two... You can use the
following code:
Input:
Price(C),
Length(13),
Displace(5);
Plot1[Displace](Average(Price, Length), "Disp MA");
Plot2(Average(Price[Displace], Length), "TW MA");
What's the value of each on the current bar?
---- you wrote:
> If Close < average(C[1],13) then exitlong at Low stop;
>
> The above is one way to do it in TS4. C[1] is a displacement of one bar, C[5]
> would be 5, etc. Obviously you could change it to whatever exit signal you
> like.
> Just flip it over to "exitshort."
>
> What OM says is so, but this gets the basic idea done.
>
> Bill Wynne
> SmartTrades.com
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