kb4444
24 posts
msg #48277
- Ignore kb4444 |
12/1/2006 4:58:29 AM
Hi, is there a way to normalize macd fast line(12,26,9) in order to compare it to rsi(2)? thanks for any help!
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TheRumpledOne
6,411 posts
msg #48297
- Ignore TheRumpledOne
modified |
12/1/2006 7:57:02 PM
HTH.
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kb4444
24 posts
msg #48306
- Ignore kb4444 |
12/2/2006 9:46:05 AM
TRO,
Thank you, you are the man. One thing I haven't figured out is why prophet.net's normalized indicators look different (different values?) than stockfetcher..I can't figure it out...
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TheRumpledOne
6,411 posts
msg #48307
- Ignore TheRumpledOne |
12/2/2006 11:51:21 AM
One of the reasons is because of the different data sources.
When I was first working with the WARM filter, BIDU was a new issue. In less than a week the Accumulation/Distribution values were different.
But since all the indicators at SF use the same data, they are in sync with each other even if they are out of sync with Prophet or other sites.
The other reason maybe be in how SF calculates the indposition. If it is a ONE pass calculation, then the values will be different than a TWO pass calculation.
In a one pass calculation you will have multiple highs and lows, in a two pass calculation, there will (usually) only be one high and one low. In the two pass calculation, on the first pass the high and low are determined and on pass two, each position is assigned a value based on it's relative position to the high and low. Understand?
HTH.
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kb4444
24 posts
msg #48479
- Ignore kb4444 |
12/8/2006 9:02:04 PM
TRO, one more favor! Is there a way to create a weekly version of this filter? in other words comparing a normalized weekly rsi(2) with weekly macd(12,26,9). Thanks,
KB
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kb4444
24 posts
msg #48482
- Ignore kb4444 |
12/9/2006 8:50:48 AM
ok, I think I got it...I put weekly before the indposition??
set{macdval2, weekly INDPOSITION(MACD(12,26,9), 60) * 100 }
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kb4444
24 posts
msg #48483
- Ignore kb4444 |
12/9/2006 8:57:26 AM
Guess what TRO, those weekly nomalized macd values actually match perfectly with prophet's weekly normalized macd values...Nice...
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TheRumpledOne
6,411 posts
msg #48491
- Ignore TheRumpledOne
modified |
12/9/2006 12:29:05 PM
I think you need weekly macd but if it's working...
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TheRumpledOne
6,411 posts
msg #48492
- Ignore TheRumpledOne |
12/9/2006 12:29:47 PM
Learned something new... it doesn't matter where you put WEEKLY in this case... you get the same plot!
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