Moving averages in point and figure
Hello,
few users asked in their comments about moving averages in point and figure charting method. How to draw moving averages, how to calculate and how to get signal from MA – when to sell or buy.
So, while the actual formulas remain unchanged, indicators on P&F charts are calculated a little differently than indicators on bar charts. Instead of daily or weekly closing prices as the database, P&F charts use the average price of each column.
More about that is written in new website section, here: point and figure moving averages.
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