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Derivative Moving Average
MetaStock Trading System
The information for this test was published in the June 1996
issue of "Technical Analysis of Stocks and Commodities". The test
appears in the article "The Derivative Moving Average" by Adam
White, page 18. Mr. White describes this test as using a variation
of the "tried-and-true simple moving average for entry signals and
the "trend analysis index" for exit signals. Note, first you need to
create a new indicator called TAI, using the TAI formula below -
then create the new system test.
| Signal Formulas |
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Enter Long:
When(Ref(Mov(C,28,S),-1),=,LLV(Mov(C,28,S),4)) |
Close Long:
When(Fml("TAI"),<,0.4) AND When(Ref(Fml("TAI"),-1),>=,0.4) |
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| TAI Formula |
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((HHV(Mov(C,28,S),5)-LLV(Mov(C,28,S),5))/C)*100 |
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