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Harvey,
You are very kind to take the time to help. The logic behind
this moving average momentum oscillator matches your paragraph
perfectly. Unfortunately, MetaStock want to regurgitate the
formula. It's prompting for comma's and values and I've found
that MS's "helper" is never any help. It does a good job at
alerting you that your formula is wrong, but seldom prompts for
the correct fix. Willing to take another crack?
Steve Karnish
CCT
----------
> From: Harvey Pearce <hhp@xxxxxxxx>
> To: metastock@xxxxxxxxxxxxx
> Subject: Re: message interruptus
> Date: Saturday, August 29, 1998 3:21 AM
>
> Steve/
>
> Enter Long:
>
(Mov(C,Opt1,S)-Ref(Mov(C,Opt1,S),-Opt2))>Ref(Mov(C,Opt1,S)-Ref(Mo
v(C,Opt1,S)),-1)
> AND
> (Mov(C,Opt1,S)-Ref(Mov(C,Opt1,S),-Opt2))<0
>
> Enter Short:
>
(Mov(C,Opt1,S)-Ref(Mov(C,Opt1,S),-Opt2))<Ref(Mov(C,Opt1,S)-Ref(Mo
v(C,Opt1,S)),-1)
> AND
> (Mov(C,Opt1,S)-Ref(Mov(C,Opt1,S),-Opt2))>0
>
> Your oscillator calculates the momentum of the moving average.
The
> momentum varies about the zero line. So you go long when the
momentum
> is below zero and increases from the day before; short when
the momentum
> is above zero and decreases from the day before. This doesn't
allow for
> the oscillator again reversing and reaching a greater extreme
before
> crossing the zero line.
>
> Let me know if there are problems, or if you want to change
anything. I
> haven't checked this out practically, and on these late night
sessions I
> usually manage to do something that doesn't make sense the
next day.
>
> Harvey Pearce, Victoria, B.C., Canada
> =====================================
>
>
> Steve Karnish wrote:
> >
> > I've sent the following message twice...once last night and
once
> > about three hours ago. It's not showing up so far. If all
> > three of these messages show up on the list, please accept
my
> > apology for the clutter.
> >
> > "My first attempt at developing a computer system was with a
> > TRS-80. I had someone program the logic and I haven't
"learnt
> > nothin' yet/since". My objective is to turn this little
"moving
> > average oscillator" into a system test. I would like to
reverse
> > my position when the oscillator reverses it's direction.
Here's
> > the formula:
> >
> > Mov(C,opt1,S)-Ref(Mov(C,opt1,S),-opt2)
> >
> > I'm sure it's simple. I'll trade out optimized results for
some
> > help.
> >
> > Thanks in advance,
> >
> > Steve Karnish
> > CCT"
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