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-----Original Message-----
From: Jean-Michel Daniele [mailto:jmdaniele@xxxxxxxxxx]
Sent: Monday, January 18, 1999 5:46 AM
To: Metastock-list
Subject: KST
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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