RE: Beginners Questions
(2018-07-24, 06:55 PM)badcharts Wrote: Hi All,
I'm re-reading some sections of Stan's book "Secret's for profiting in Bull and Bear markets"... two points I need guidance on:
1- p.25 Article 3. Do not use 30 week Simple moving average, but the 30 week Weighted moving average. Can't believe I oversaw that most important point. What are you guys using? Any experiments?
2- p.26 Article 5. Don't buy if Mansfield Relataive Strength Indicator is in a downtrend, even if above 0 line. I knew about crossing over the 0 (from neg to pos) was bullish. but had glossed over the first fact. Â By this mesure, do we have to wait for MRS to turn upwards before we enter after a pullback?
To go even furthur, does the calculation for the Mansfield Relative Strength Indicator change? Instead of using the simple MA, we should use the weighted MA?
(currently digging here => https://stageanalysis.net/forum/showthre...d#pid10033 )
Thanks again in advance for your feedback!
Regards,
Patrick
Allright!
I see now the SMA is the way to go. Stan describes on two occasions how to calculate the MA, and they are inline with the Simple moving average). The referance to WMA is for "Mansfield Chart" users, so they are aware of the difference.Â
Regards,
Patrick