Hello,
I am a bit confused on which data to use in determining the difference between the 5 & 21 MA's on the weekly chart for the Vegas 4 Hour Tunnel Method.
Do I simply put my mouse over the last two completed weekly candles, read the 5 & 21 values in the data window and then use these to calculate the change in momentum?
If I do this, I get the following 5 & 21 values:
Weekly candle that started 30Apr06 - MA5........1.7817
MA21.......1.7661
MA Diff.....156
Weekly candle that started 07May06 - MA5........1.8081
MA21.......1.7761
MA Diff.....320
The reason I am confused is that when the last weekly candle closed (07May06), the MA values are actually different than those shown above (1.8081 and 1.7761) if you put your mouse on the actual MA line on the chart. When I did this, I got the following values:
MA5.......1.8373
MA21......1.7869
I am currently using the Strategy BuilderFX demo of MT4.
Also, how can the MA values be taken on friday when the actual weekly candle does not show a close until sunday when the new candle starts.
Any help on how these values are determined would be appreciated
Thanks
I am a bit confused on which data to use in determining the difference between the 5 & 21 MA's on the weekly chart for the Vegas 4 Hour Tunnel Method.
Do I simply put my mouse over the last two completed weekly candles, read the 5 & 21 values in the data window and then use these to calculate the change in momentum?
If I do this, I get the following 5 & 21 values:
Weekly candle that started 30Apr06 - MA5........1.7817
MA21.......1.7661
MA Diff.....156
Weekly candle that started 07May06 - MA5........1.8081
MA21.......1.7761
MA Diff.....320
The reason I am confused is that when the last weekly candle closed (07May06), the MA values are actually different than those shown above (1.8081 and 1.7761) if you put your mouse on the actual MA line on the chart. When I did this, I got the following values:
MA5.......1.8373
MA21......1.7869
I am currently using the Strategy BuilderFX demo of MT4.
Also, how can the MA values be taken on friday when the actual weekly candle does not show a close until sunday when the new candle starts.
Any help on how these values are determined would be appreciated
Thanks
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