White Paper
Analysis of Erlanger Data Series:
Displaced Moving Averages
By: Philip B. Erlanger, CMT
III. Applying DMA's to Erlanger 2000 charts
The following steps will highlight the procedures for applying
the DMA averages to an Erlanger 2000 chart:
Create or load a simple price chart.
Then right click your mouse to bring up the chart dialog box -
select studies, then "Moving Average":
The Moving Average dialog box has settings for length of moving
average (enter 6), offset (enter 4 to move to the right 4 bars),
and source (select High). Change the color to bright green, and
click "OK" to plot the DMA on your chart:
For the second DMA, again bring up the Moving Average dialog box
and set length of moving average (enter 6), offset (enter 4 to move
to the right 4 bars), source (select Low). Change the color to bright
red, and click "OK" to plot the DMA on your chart:
Your chart should look something like this:
II. Definitions
IV. Applying DMA to the Erlanger Trading Rank
V. Conclusion
Back to Start of White Paper
|