The Rumors Battle - December 9, 2011

[xr-3609]

Billy,

I apologize in advance if I missed this explanation on an earlier post! You typically use Moving VWAP 65 (5 Day), 52 (4 Day), 26 (2 Day); today you are using Moving VWAP 91 - is this to keep "anchored" on 11/29 which is the day before the gap up?

Insight on your choices would be appreciated.

Thanks,

greg

[Billy]

Billy,

I apologize in advance if I missed this explanation on an earlier post! You typically use Moving VWAP 65 (5 Day), 52 (4 Day), 26 (2 Day); today you are using Moving VWAP 91 - is this to keep "anchored" on 11/29 which is the day before the gap up?

Insight on your choices would be appreciated.

Thanks,

greg

Greg,
91 x 30 ùinutes VWAP at the close is actually anchored at the opening gap of 11/30.
But it is now of lesser significance and I will focus on the 5-day (65 x 30 minute) VWAP.
These parameters have no influence on the robot, just helping my analysis.
Billy
Billy