Hi tgw,
Sorry for the delayed reply.
Kolachi Method says to use moving averages on median price. However, Oanada has not this option available so we can use emas on close price. It would be a deviation for KM rules but still should work.
What i do is that I use meta for my analysis and use Oanada charts for any additional information.
kolachi
Quote:
Originally Posted by thegreatwave
Hi Kolachi
Thank You for your reply to my question on the book on Kolachi Method of Trading. Please in Post #174 droesparky7 made a statement that Kolachi MAs are calculated on median price (HL/2); and in Post #175 you agreed that Kolachi MAs are calculated on Median Price. I have noticed from some of your charts that you sometimes use the Oanda Platform for your trades. Do you know if the Oanda platform uses median price to draw MAs?
Thank You
thegreatwave
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