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What exactly does time periods mean? [RESOLVED]
Rank: Member
Groups: Registered, Registered Users, Subscribers Joined: 9/9/2005(UTC) Posts: 18
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I am new to MetaStock and setting up my templates.
I am running MetaStock End of Day and would like to include the 50 day moving average and 200 day moving averages. When I put the moving average on the chart and change time periods to 50 and 200, the lines do not line up to the appropriate 50 and 200 dma's when I compare them to other charting services.
So, what am I missing here? What does time periods actually mean and what should I set them at for 50 and 200?
Thanks!!
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Rank: Advanced Member
Groups: Registered, Registered Users Joined: 3/19/2005(UTC) Posts: 2,995
Was thanked: 14 time(s) in 10 post(s)
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Your Moving Average may not be using the same scale as your Price Graph. You can change this as follows:
Right-click the moving average line and select ‘scaling’ from the menu that appears.
Now look at the price scale on your chart. Is it on the left of right of the screen?
The Scaling Menu for Moving Average will provide scaling options and you want to select a merge choice to merge with your price graph scale. For example if your price graph scale is on the right of the screen select merge with scale and right and click OK.
Once the moving average and the price graph are using the same scale the positions should remain the same when you zoom.
Note: if this doesn't work it could mean the smart chart for this chart is damaged. Replace the smart chart as follows:
Start MetaStock. Click FILE | NEW | CHART. Highlight the troublesome chart and click OK. Plot both Moving Averages in the new chart. If this works it means your original chart is damaged. Continue as follows:
Click FILE | SAVE AS… Smart Chart and click OK. A message will ask you want to replace your existing Smart Chart. Answer yes, the click FILE | CLOSE.
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Rank: Advanced Member
Groups: Registered, Registered Users Joined: 3/19/2005(UTC) Posts: 2,995
Was thanked: 14 time(s) in 10 post(s)
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Note: the number of periods is equal to the x-axis periodicity. e.g., for daily charts (eod) each period would be a day.
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Rank: Member
Groups: Registered, Registered Users, Subscribers Joined: 9/9/2005(UTC) Posts: 18
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What exactly does time periods mean? [RESOLVED]
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