Since Bob has offered to allow us "peddlers" to hawk our wares for the next week I want to take him up on the offer. First a couple of URLs. For the whole package look at: <FONT face=Arial size=2>http://www.theswingmachine.com which contains an introduction to the indicator/system I'm going to discuss and a list of all my products. For a direct path to the indicator discussed here use: <A href=""><FONT face=Arial size=2>http://www.theswingmachine.com/cma_fhist_project/CMA_FHist_Discussion.htm J.M. Hurst suggested in his The Magic of Stock Transaction Timing that low risk trade points could be established by use of Centered Moving Averages. Of course we cannot get realtime CMAs since the real average value must be posted 1/2 the MA length back (lag) from the current bar. There are a number of ways that are used to attempt to PROJECT the CMA values to a realtime position. Hurst actually suggested that we might look back a FULL CYCLE (using a 1/2 length average) and see how the CMA was moving at that time and use such movement to project CMA values up to the current bar. <IMG alt="" hspace=0 src="gif00774.gif" align=baseline border=0> This is an example of how that works and in this case how well it worked. The next picture is similar in nature. <IMG alt="" hspace=0 src="gif00775.gif" align=baseline border=0> This approach is far from perfect but I can assure you that with proper analysis and selection of periods this is a powerful tool. Thanks, Clyde. - - - - - - - - - - - - - - - - - - - - - - - - - - - -Clyde Lee Chairman/CEO (Home of SwingMachine)SYTECH Corporation email: <FONT face=Arial size=2>clydelee@xxxxxxxxxxxx 7910 Westglen, Suite 105 Office: (713) 783-9540Houston, TX 77063 Fax: (713) 783-1092Details at: <FONT face=Arial size=2>www.theswingmachine.com- - - - - - - - - - - - - - - - - - - - - - - - - - - - Yahoo! Groups Links To visit your group on the web, go to:http://groups.yahoo.com/group/realtraders/ To unsubscribe from this group, send an email to:realtraders-unsubscribe@xxxxxxxxxxxxxxx Your use of Yahoo! Groups is subject to the Yahoo! Terms of Service.
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