V.12:1 (42-44): SIDEBAR: TICK LINE MOMENTUM by Technical Analysis, Inc.
Product Description
TICK LINE MOMENTUM by Technical Analysis, Inc.
The daily closing tick is collected in column C in sidebar Figure 1. The first step is to smooth the daily closing values using a 10-period exponentially weighted moving average. To start this process, we need to calculate the 10-day simple moving average, which is done in cell D11. The formula for cell D11 is:
=TRUNC(AVERAGE(C2:C11))
The daily closing tick is collected in column C in sidebar Figure 1. The first step is to smooth the daily closing values using a 10-period exponentially weighted moving average. To start this process, we need to calculate the 10-day simple moving average, which is done in cell D11. The formula for cell D11 is:
=TRUNC(AVERAGE(C2:C11))
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