Displaced Moving Averages with Three Forward-Shifted Periods
Summary
The document describes a technical indicator built from three moving averages: a short-term average displaced forward by three periods, a medium-term average displaced by five, and a long-term average displaced by five. It identifies the periods as 3, 7, and 25, respectively, and says the design follows a description in Joe DiNapoli’s book on trading with DiNapoli levels.
The material explains the indicator’s construction, but offers no trading rules for interpreting the lines, performance evidence, or guidance on market and chart settings. It is therefore a description of an indicator rather than a tested strategy; users would need to define and validate any signals derived from it.
Key ideas
- The indicator combines 3-, 7-, and 25-period moving averages.
- The short-term average is shifted forward by three periods, while the other two are shifted by five.
- The description attributes the indicator design to Joe DiNapoli’s work.
- The document provides no entry rules or performance tests.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.