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Re: [EquisMetaStock Group] Re: Creating 50 EMA Above/Below Ratio



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Hi mmbbrr79,
            The formula is ALREADY "normalized".
If you do Ratio/lookback you get the SAME sharp of the plotting.
Why ? because lookback is a *constant* :)
I think there is no need to change anything :)
Cheers,
         Pablo

!!!Bellamy: I got your point. Thanks! ;)

m> Bellamy, 
m> Thank you for the detailed explanation... I mentioned to Pablo the
m> possibility of using the Above/Below count as the numerator, and the
m> total lookback count as the denominator - this would yield a
m> percentage... possibly an easier way to interpret the plot?
m> Thanks again,
m> M




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