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Pivot based moving averages

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    Pivot based moving averages

    I'm reading an eBook by Frank Ochoa which discusses pivot based moving averages or PEMA. Has anyone done any indicator development using these indicators from his book? He makes them available for free but I am not a programmer so I thought I'd put this out there for discussion.

    Thanks in advance,
    jwhtrades

    #2
    jwhtrades, thanks for the post - I wouldn't unfortunately be aware of a dedicated script published for this task, but would the author use simply a typical price input for his MA's? Then it would be setup like discussed here - http://www.ninjatrader.com/support/f...ead.php?t=4739

    If not, then a script needs to be custom programmed to average the Floor Trader Pivot values.

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      #3
      Did you ever find or develop the code to get Modified PEMA done?

      Did you ever get to the resolution on Modified PEMA or any other method that Frank Ochoa talks about in his books?

      Thanks.

      Kenny

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