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Typical price or Pivot Point MA??
I just started reading John Persons new book called: Forex Conquered High Probability Stratagies.... It is a very excellent book on forex trading, unlike some recent books on TA in fx.
He does alot of trading centered around pivot points. He likes to use something he calls a pivot point moving average. He uses a 3 period and a single period MA. At first I thought it would be to small of periods for the MA- the averaging of price smooths the action etc..
His definition is for:
( H + L + C)/3
Doeas any moving average indicator already have a input for this function??
I know with VTTRADER they have something called "Typical Price" for a input variable with the ma. I am using a metatrader broker though.
Any help or thoughts is very appreciated!
Thanks again,
M Rippy
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