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Indicators that operate on different time frames are very important technically. We currently only have daily indicators but they do not transfer directly to weekly nor to monthly, i.e. SMA(50) is not equivalent to what a 10 weeks moving average would produce, and nor is it possible to create such on our own because close(5), close(10) etc are not guaranteed to be on Fridays and they definitely work differently when doing mid-week rebalance... The same goes for monthly indicators.

We need to have weekly (and preferably also monthly) versions of most technical indicators.
Thanks, Zvi
Results: Total score: 109 , # of Votes: 30 , Average: 3.6
a
 
88 (22)
b
 
18 (6)
c
 
2 (1)
d
 
1 (1)
Scores are calculated as (importance) × (# of votes), where importance ranges from 1 to 4.
Requested by: z8735
On date: 05/27/13
Category: Factors and Functions

10 comments