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<DIV><FONT color=#000000 size=2>For whatever reason this message didn't post. So
here it is again. My download of Microsoft IE 4.0 has produced LOTS of
surprises!! IE 3.0 is looking better all the time.</FONT></DIV>
<DIV><FONT color=#000000 size=2></FONT> </DIV>
<DIV><FONT color=#000000 size=2></FONT> </DIV>
<DIV><FONT face=Arial size=2><B>-----Original Message-----</B><BR><B>From:
</B>Walter Lake <<A
href="mailto:wlake@xxxxxxxxx";>wlake@xxxxxxxxx</A>><BR><B>To: </B>metastock
bulletin board <<A
href="mailto:metastock@xxxxxxxxxxxxx";>metastock@xxxxxxxxxxxxx</A>><BR><B>Date:
</B>Monday, August 10, 1998 9:02 PM<BR><B>Subject: </B>Dynamic Breakout
System<BR><BR></DIV></FONT>
<DIV><FONT color=#000000 size=2>In trying to understand indicators that are
"dynamic", I have been looking at VIDYA which is a variable-length
moving average. It is the variable part of the formula that I want to
understand.</FONT></DIV>
<DIV><FONT color=#000000 size=2></FONT> </DIV>
<DIV><FONT color=#000000 size=2>TASC reports that the Metastock formula for the
VIDYA 21-5 indicator is as follows:</FONT></DIV>
<DIV><FONT color=#000000 size=2></FONT> </DIV>
<DIV><FONT color=#000000 size=2>Name: VIDYA</FONT></DIV>
<DIV><FONT color=#000000 size=2></FONT> </DIV>
<DIV><FONT color=#000000
size=2>Length:=Input("Length",1,200,21);</FONT></DIV>
<DIV><FONT color=#000000 size=2></FONT> </DIV>
<DIV><FONT color=#000000
size=2>Smooth:=Input("Smoothing",1,200,5)</FONT></DIV>
<DIV><FONT color=#000000 size=2></FONT> </DIV>
<DIV><FONT color=#000000 size=2>AbsCMO:=(Abs(CMO(C,LENGTH)))/100</FONT></DIV>
<DIV><FONT color=#000000 size=2></FONT> </DIV>
<DIV><FONT color=#000000 size=2>SC:=2/(Smooth+1);</FONT></DIV>
<DIV><FONT color=#000000 size=2></FONT> </DIV>
<DIV><FONT color=#000000
size=2>VIDYA:=If(Cum(1)<=(Length+1),C,(SC*AbsCMO*CLOSE)+(1-(SC*AbsCMO))*PREV;</FONT></DIV>
<DIV><FONT color=#000000 size=2></FONT> </DIV>
<DIV><FONT color=#000000 size=2>- 0 -</FONT></DIV>
<DIV><FONT color=#000000 size=2></FONT> </DIV>
<DIV><FONT color=#000000 size=2>The lookback or length is 21 days</FONT></DIV>
<DIV><FONT color=#000000 size=2></FONT> </DIV>
<DIV><FONT color=#000000 size=2>The smoothing is a 5 day MA</FONT></DIV>
<DIV><FONT color=#000000 size=2></FONT> </DIV>
<DIV><FONT color=#000000 size=2>I don't know what SC stands for, not do I
understand the construction of the variable formula. </FONT></DIV>
<DIV><FONT color=#000000 size=2>Could someone please give me a lesson in how to
break it into the component parts.</FONT></DIV>
<DIV><FONT color=#000000 size=2></FONT> </DIV>
<DIV><FONT size=2>Thanks for any help that you might provide me.</FONT></DIV>
<DIV><FONT size=2></FONT> </DIV>
<DIV><FONT size=2>Walter Lake</FONT></DIV>
<DIV><FONT color=#000000 size=2></FONT> </DIV>
<DIV><FONT color=#000000 size=2></FONT> </DIV></BODY></HTML>
</x-html>From ???@??? Mon Aug 10 21:42:37 1998
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From: "Walter Lake" <wlake@xxxxxxxxx>
To: "metastock bulletin board" <metastock@xxxxxxxxxxxxx>
Subject: repost of the Dynamic Momentum Index
Date: Mon, 10 Aug 1998 21:40:18 -0400
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<DIV><FONT color=#000000 size=2>I was shocked when I saw how my post looked on
the digest.</FONT></DIV>
<DIV><FONT color=#000000 size=2></FONT> </DIV>
<DIV><FONT color=#000000 size=2>I don't know what MIME format is or how to get
rid of it, to be able to post a nice clean text.</FONT></DIV>
<DIV><FONT color=#000000 size=2></FONT> </DIV>
<DIV><FONT color=#000000 size=2>step #4 should read:</FONT></DIV>
<DIV><FONT color=#000000 size=2></FONT> </DIV>
<DIV><FONT color=#000000 size=2>Calculate the Volatility Index (VI): Volatility
Index equals today's 5-day standard deviation</FONT></DIV>
<DIV><FONT color=#000000 size=2>(step 1) divided by today's 10-day moving
average of the 5-day standard deviation (step 2).</FONT></DIV>
<DIV><FONT color=#000000 size=2></FONT> </DIV>
<DIV><FONT color=#000000 size=2>Any one who has "variable" parts of
formulas I would appreciate hearing from you.</FONT></DIV>
<DIV><FONT color=#000000 size=2></FONT> </DIV>
<DIV><FONT color=#000000 size=2>Walter Lake</FONT></DIV></BODY></HTML>
</x-html>From ???@??? Tue Aug 11 07:55:31 1998
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Date: Mon, 10 Aug 1998 22:42:46 -0700
From: Al Taglavore <altag@xxxxxxxxxxxx>
Organization: Car Parts Warehouse, Inc.
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To: metastock@xxxxxxxxxxxxx
Subject: Re: accumulation/distribution
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Lionel Issen wrote:
>
> I seem to be missisng part of Al's posting,can you resend it to me?
>
> Lionel
Lionel, this is the post I made in response to Harley's reply. I simply
did not understand how a purchaser of stock can ascertain whether he is
purchasing from a short seller or someone that holds the stock. Still
can't.
> -----Original Message-----
> From: Al Taglavore <altag@xxxxxxxxxxxx>
> To: MetaStock List Group <metastock@xxxxxxxxxxxxx>
> Date: Monday, August 10, 1998 1:52 PM
> Subject: accumulation/distribution
>
> >On a post of 8/8 in response to an inquiry from Michael, Harley Meyer
> >wrote:
> >
> >"......The large
> >interest who is supporting the market on the
> >inside is running low on resources and does not
> >want to spend those resources on some one shorting
> >the stock as opposed to eliminating someone who
> >already holds the stock and is going to sell it......"
> >
> >I have been reappraising the values that I place on volume, after observing
> >that all volume "is not created equal". My question is how can those
> >supporting the market determines if someone is selling short or holding the
> >actual stock?
> >
> >Al Taglavore
> >
> >
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