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Try this, but double check, I don't have any clear references identifying
this indicator.
/*** START ***/
// Stochastic MOM
// Ref: http://finance.groups.yahoo.com/group/amibroker/message/109020
function StochMom(array, periods, smoothpds, smoothpds2)
{
mid = ( HHV(H,periods) + LLV(L,periods) )/2 ;
diff = HHV(H,periods) - LLV(L,periods) ;
alpha = 2 / (smoothpds+1);
alpha2 = 2 / (smoothpds2+1);
X1 = AMA(array-mid, alpha);
X2 = AMA(X1, alpha2);
X3 = AMA(diff,alpha);
X4 = AMA(X3,alpha2)/2;
return Min(1,(X2/X4))*100 ;
}
Param1 = ParamToggle("Price Field","Close|(H+L)/2",0);
Price = IIf(Param1==0,C,(H+L)/2);
//Stochastics
LongK = StochMom(Price,21,10,3); // function control
LongD = EMA(LongK,4);
ShortK = StochMom(Price,7,3,3); // function control
ShortD = EMA(ShortK,3);
//Colour Arrays
LongColour = IIf(LongK>LongD,colorGreen,colorRed);
ShortColour = IIf(ShortK>ShortD,colorBlue,colorOrange);
PlotOHLC(LongK,LongK,LongD,LongK,"",LongColour,styleCloud);
PlotOHLC(ShortK,ShortK,ShortD,ShortK,"",ShortColour,styleCloud);
Plot(50,"",colorGrey50,styleDashed|styleNoLabel);
Plot(60,"",colorGrey50,styleDashed|styleNoLabel);
Plot(-60,"",colorGrey50,styleDashed|styleNoLabel);
Plot(-50,"",colorGrey50,styleDashed|styleNoLabel);
/*** END ***/
"Alan Nouray" <alann@xxxxxxxxxxxx> wrote in
news:f22iui+3l5a@xxxxxxxxxxx:
> Can you please tell me where can I get the code for Stochastic
> Momentum Index Trade by Bill Blau?
>
> Alan
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