Re: [TOS_thinkscript] The Evolution of Moving Averages
Thank you, thank you. I had looked at the Hull Moving Avg before,
and knew it was real good, but after your suggestion, I went back and
looked at it again, and it is great for what I am doing. I am using
the slope of the trend line to determine when a trend is slowing down,
or changing. The Hull is excellent for this because it is very
smooth, but hugs the price line very tight. My study using the slope
of the Hull Moving Avg is giving me much better signals.
--- In TOS_thinkscript@yahoogroups.com, Chiun H Wu <josephwu@...> wrote:
> It depends what do you mean by "better".
> Check out "Hull Moving Average".
> From: tradescripter <tradescripter@...>
> To: TOS_thinkscript@yahoogroups.com
> Sent: Saturday, January 31, 2009 5:26:11 PM
> Subject: [TOS_thinkscript] The Evolution of Moving Averages
> I found a very interesting and informative article on the subject of
> trend . . . .
> 1. lag
> 2. overshoot
> 3. undershoot
> 4. smoothness
> The article compares some moving averages and how well they deal with
> the above characteristics, along with a chart comparing the different
> MA's that illustrate the differences.
> http://www.jurikres .com/down/ ma_evolv. pdf
> I was searching for information on the Tillson T3 Moving average. The
> article shows that the Tillson T3 Moving average (TEMA) is better than
> other Moving Average indicators.
Here's an MA that you might like to look at: Zero-Lag Moving Average. I thought it has an interesting plot on a chart.
- Thank's. I took a look at that study. I'm not a big fan of Moving Averages. It's just my personal preference. I like ParabolicSAR's. I'll post some ideas of my own about PSAR's under a new subject.
--- Stock wrote:
> Here's an MA that you might like to look at: Zero-Lag Moving Average
> ZeroLag> . I thought it has an interesting plot on a chart.