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[amibroker] Forecast indicator


  • Date: Sun, 03 Jan 2010 14:38:10 -0000
  • From: "droskill" <droskill@xxxxxxxxx>
  • Subject: [amibroker] Forecast indicator

PureBytes Links

Trading Reference Links

I've been looking at the forecast indicator created by Chande.  I found some code in the AB message board as follows:

p=ParamField("Pricefield");
periods=Param("FO-Periods",17,10,25,1);
fo=100*(p-Ref(TSF(p,periods),-1))/p;
Plot(fo," Tushar Chande's Forecast Oscillator",1,4);
Col=IIf(fo>0,27,4);
Plot(fo, "" ,Col,2);
Plot(0,"",7);

However, when I compare it to this:
http://www.etfroundup.com/?p=1153

The results are very different - anyone have any other code for the indicator?

Thanks!



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