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Found this on Equis web site. By the way , how does one translate MS
formula - OscP(4,8,S,$) into AFL?
Mohan
In his article “Normalization”, Brian Bell introduces some methods for
normalizing indicators. These methods can be easily created in MetaStock
6.52 or higher.
Select Indicator Builder from the Tools Menu, click New and enter the
formula for the desired method.
Name: Simple Moving Average Oscillator
OscP(4,8,S,$)
Name: Simple MA Osc norm to Std Dev
OscP(4,8,S,$)/Stdev(C,8)
Name: Simple MA Osc norm to Ave True Range
OscP(4,8,S,$)/ATR(8)
Name: Simple MA Osc norm to Historical Range
plot:=OscP(4,8,S,$);
(( plot - LLV(plot,200) / (HHV(plot,200)-LLV(plot,200))) * 100
Note: To apply these methods to different indicators replace the Simple
Moving Average Oscillator portion with the desired indicator’s formula.
Cheryl C. Abram, Equis International, Inc.
Internet: /
> Steve Karnish wrote:
>
> List,
>
> Tonight, I am attending my monthly MTA meeting (in Denver). The
> speaker is Brian Bell and the topic is: Adaptive indicators:Old and
> New Tools for Trading.
>
> The invitation stated:
>
> "Brian Bell will explain what makes an indicator "adaptive", and will
> describe some well-known adaptive moving averages, Perry Kaufman's
> Adaptive Moving Average and Tushar Chande's VIDYA indicator. He will
> also introduce, for the first time, the "Bell Warning Line", a new
> adaptive indicator based on entirely different principles than
> the other indicators described."
>
> Ding Dong! Sounds like fun. My questions are: Does anyone know
> Brian (I could say hi for you or take along a ten foot
> pole...depending on responses). Is anyone familiar with his work,
> indicators or seminars?
>
> I maintain that adaptive indicators are "losers" in mechanical
> approaches, but, a robust oscillator that has "adaptive" trigger
> levels is the key to "highway". It sure would be nice to learn
> something new.
>
> Take care,
>
> Steve
> www.cedarcreektrading.com
>
>
>
>
>
>
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