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Walter:
The price oscillator indicator will be positive or long when both moving
averages are up, and negative or short when both moving avrages are down.
You'll have earlier signals if you set it up like an macd with a trigger
line moving average.
The shorter moving average will be moving in a different direction to the
longer one at changes of direction of the trend.
My guess is that this will give you similar results as Onno's ROC
suggestion.
Lionel Issen
----- Original Message -----
From: Walter Lake <wlake@xxxxxxxxx>
To: Metastock bulletin board <metastock@xxxxxxxxxxxxx>
Sent: Sunday, May 16, 1999 7:24 AM
Subject: system tests
> Does anyone have a system test for the general formula?
>
> Long: when 2 moving averages are moving up
>
> Short: when two moving averages are moving down
>
> Out of market: when they are moving in different directions
>
> =======
>
> I found out that "Mov(Ref(C,-1),12,E)" produces a line on the chart the
> right of "Mov(C,12,E)"!! Why isn't it to the left of it?
>
> I had planned to use "Mov(C,12,E) > Mov(Ref(C,-1),12,E) AND Mov(C,60,E) >
> Mov(Ref(C,-1),60,E)" as the Long part of the general formula.
>
> Now I'm confused about the logic of the formulas.
>
> Any help would be appreciated.
>
> Best regards
>
> Walter
>
>
>
>
>
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