jawjahtek Member  Posts: 37 Joined: 5/30/2006 Location: Georgia, USA  User Profile | Thank you, Mel for posting this. For folks who haven't read the TASC article: the truncation method in the article and made possible in OT with Mel's code can be applied to improve ANY indicator that has an infinite impulse response (e.g., previous data values from long ago affecting the current indicator value, warm up needed for some indicators because previous data is not available with the initial bars). Mel, I am curious if you want to rethink the warm up code that you plug into most of your OT code. Ehlers' claims that the truncation method could eliminate the need for a warm up period. I wouldn't go that far, but I intend to adopt the truncation method in many of my indicators and I will rethink what is needed for warm up. Ehlers' truncation method definitely impacts the concerns that Jim often expresses about warm up. | |
