(2018-04-25, 01:34 PM)isatrader Wrote:(2018-04-25, 12:51 PM)arkyuan Wrote: Hi isatrader,
thanks for the note, now it makes clear to me. but I originally got the question when I do my Mansfield relative strength. It mentioned that on a weekly chart it's 52 weeks and on a daily chart is 200 days. 52 weeks isn't 260 days? consider 1 week is 5 days? like 30 weeks MA shouldn't it be 150 days? but I see most MA on daily stock charts are 50,100,200 days.
Thanks,
Yes they are different values on the example, as the daily is set to be a bit quicker. The weekly is the only one you need though, and the 52 weeks is based on my experience with it and info from elsewhere about how it was created, like the chartmill article that states that Stan used the 52 for it here: https://www.chartmill.com/documentation....398&o=2956
...
ISA, just checking, a refresher for for myself if you don't mind.
The book prefers the Mansfield RS to be rising, preferably above the zero line and it is very good if it is just crossing the zero line, if I recall. However, for the plots in the book the zero line is flat as the RS has the zero line data (the long MA) subtracted. However, on your charts you plot the RS without the subtracted MA, and the MA itself is the zero line. There is a newer rule that the zero line (the lon MA) must be rising. I hope I have recalled this correctly.
(2018-04-25, 07:57 PM)pcabc Wrote: ISA, just checking, a refresher for for myself if you don't mind.
The book prefers the Mansfield RS to be rising, preferably above the zero line and it is very good if it is just crossing the zero line, if I recall. However, for the plots in the book the zero line is flat as the RS has the zero line data (the long MA) subtracted. However, on your charts you plot the RS without the subtracted MA, and the MA itself is the zero line. There is a newer rule that the zero line (the lon MA) must be rising. I hope I have recalled this correctly.
Perhaps answering my own question with the pointers to ISA's previous checklists:
https://stageanalysis.net/forum/showthre...96#pid5196
and the following post.