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Dear Jean-Michel,
Yes I have tried MartinPring system. It's theorectical and not very useful.
If you have some comments, I like to hear fro you.
peter
Jean-Michel Daniele wrote:
> Good afternoon,
>
> At present, I am reading the book written by Martin Pring entitled The
> Momentum.
>
> In the book is talking about an incicator that would include all the
> cycles of the market by combining a short, medium and long term
> indicator. He says that you should smoothen the indicators with
> exponantial moving average and level headed them. The latest data should
> count more than the older one.
>
> The indicator should be built as under:
>
> ROC
> MAE Level-Headed
> short term 10 days 10
> days 1
> medium term 15 days 10
> days 2
> long term 20 days 10
> days 3
> longer term 30 days 15
> days 4
>
> 1. You build the ROC and you smoothen it with the moving average
> 2.everything should be included in one indicator (KST) respecting level
> headed
>
> Anyone has tried such a system?
> Could somebody help me to code it to implement it in metastock?
>
> Thanks in advance,
>
> J.-M. Daniele
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