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Robert,
Thanks for the clarification.
Jim
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> From: onword@xxxxxxxx
> To: JimGinVA@xxxxxxxxxxxxx; metastock-list@xxxxxxxxxxxxx
> Subject: re: hhv & ref are confusing me
> Date: Tuesday, July 22, 1997 1:11 PM
>
> Jim
>
> I believe there is a slight flaw in your answer to Waheeb's question.
>
> HHV includes today, so HHV(MOV(C,3,S),3) gives the highest value of the
> 3-period simple moving average of the Close within the last 3 days, today
> (the 22nd), yesterday (the 21st), and the period before yesterday (the
> 18th of July).
>
> The REF function is exclusive of today, so REF(MOV(C,3,S),-3) would, on
> the 22nd, produce the value of the 3-period simple moving average of the
> Close as it was on the 17th.
>
> Robert M
>
> ----------
> From: JimGinVA[SMTP:JimGinVA@xxxxxxxxxxxxx]
> Sent: Tuesday, July 22, 1997 9:47 AM
> To: waheeb; a
> Subject: Re: hhv & ref are confusing me
>
> Waheeb,
> The Highest High Value function looks at each of your moving
> averages
> for the last three days and returns the highest one. So it may be
> today's,
> yesterdays, or the day before that, whichever is highest. The Ref
> function
> only looks at the day you designate, in this case the moving average from
> three days ago, except that you have an error, the value should be -3,
> not
> plus 3. If you use +3 in the ref formula, it will look three days into
> the
> future. That's hard to do today <G>. The HHV and Ref function will only
> be the same when the
> moving average three days ago is the highest one.
> Hope that helped.
> Jim
>
> ----------
> From: waheeb <WAHEEB@xxxxxxxxxxxxxx>
> To: a <metastock-list@xxxxxxxxxxxxx>
> Subject: hhv & ref are confusing me
> Date: Monday, July 21, 1997 6:48 PM
>
> I am testing some MAs and when I add hhv or ref to them they give better
> results but I don?t understand which date they referring to. For example
> lets say today is Tuesday July 22 and the trading data for this day have
> been added to metastock which date are the following formulas referring
> to
> and what is the value they are offering:
>
> hhv(mov(c, 3, S) , 3)
> Ref(Mov(c, 3, S) , 3)
>
> Thanks for your help
> ----------
>
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