|
PureBytes Links
Trading Reference Links
|
Part 1/3 - repost of older mail from last year
Formulas below and the MS ones also in a zip attached.
Regards,
Ton Maas
ms-irb@xxxxxxxxxxxxx
Dismiss the ".nospam" bit (including the dot) when replying.
----- Original Message -----
From: A.J. Maas
To: <metastock@xxxxxxxxxxxxx>
Sent: donderdag 4 juni 1998 9:30
Subject: Re: Metastock indicator code for dynamic zone indicator
> Futher below find a copy of the original Dynamic Zones written for MetaStock (Great Tools!!!).
> Below the rewritten RSI-DZ2 from SC/TS. Attached zip contains import-formulas!!.
>
> Manualy : in the MSwin-Indicator Builder make 5 separate indicators, one by one,
> then copy for each the right "name" and its "formulas+notes" to their rightious
> fields, and save. Then in MSwin, open a chart, drop all in same (inner) window,
> rightclick on one of them for "properties" and add "50" as value for horizontal line, press ok.
>
> Chart's notes:
> Middle chart consist of the natural Horizontal Straight Support & Resistance (HSS+HSR) levels
> and the natural Trend Straight Support & Resistance lines(TSS+TSR). All idealy for "get-in and
> get-out" use; trading. Unfortunatly no formulas have been written for the S&R levels.
> Top-inner-window is RSI-9 and bottom-inner-window is RSI-14, the zones have RSI-9 as underlay.
> Combined........................see GIF for results, view just "some" of the AEX-index history when it was
> moving sideways(past 4 years) and slowly building up for the 1993/94 1st Elliot Wave-rally.
>
> Additional:
> For sturdy-concrete HSS&HSR-levels any of the dynamic "moving" are not suited, as they drift away.
> Read up on the Bollinger Bands for interpretation of the narrowing and widening of the zones.
>
> Regards,
> Ton Maas
>
> -----------------------------------------------------------------------------------------------
> -----------//---------------////-------------------///////-------------------//////////------------
> -----------------------------------------------------------------------------------------------
>
> SC/TS-RSI-DZ2 for Metastock
> name : RSI-DynZon MidBand
> formula : Mov( RSI(9),70,S)
> name : RSI-DynZon HighBand-Outer
> formula : Mov( RSI(9),70,S)+(2.5*Stdev( Mov( RSI(9),1,S),70))
> name : RSI-DynZon HighBand-Inner
> formula : Mov( RSI(9),70,S)+Stdev( Mov( RSI(9),1,S),70)
> name : RSI-DynZon LowBand-Outer
> formula : Mov( RSI(9),70,S)-(2.5*Stdev( Mov( RSI(9),1,S),70))
> name : RSI-DynZon LowBand-Inner
> formula : Mov( RSI(9),70,S)-Stdev( Mov( RSI(9),1,S),70)
> notes : {Horizontal lines at 50(30,70); Buy/Sell rules for system :
> If RSI(9) Crosses Over LowBand-Outer Then Buy on Close;
> If RSI(9) Crosses Under HighBand-Outer Then Sell on Close;
> If RSI(9) Crosses Under LowBand-Outer Then ExitLong on Close;
> If RSI(9) Crosses Over HighBand-Outer Then ExitShort on Close;
> Orig. publ. p27-summer '98 issue of Omega Research Magazine}
>
> ========================================================
> -------//-------------------////------------------///////---------------------//////////////--------------
> ========================================================
>
> These are the original standard Dynamic Zones well to be used on any indicator
> incl. Price(C) , these will then give the Dynamic Support & Resistance Zones.
>
> ----------------------------------------------------------------------------------------------------
> DYNAMIC OB/OS ZONES - Jan van Gemeren
> as published in Dutch TAM-magazine No.4 page 14(Sep97)-Triple Assets
> E-mail:Triple.Assets@xxxxxxxxxxxx
> (for the use in Metastock rewritten by Ton Maas-Amsterdam-NL980106)
> ----------------------------------------------------------------------------------------------------
>
> Description:
> Used with a signaling ob/os indicator, the level-binded "standard
> deviation" values are replaced by dynamic "floating" levels. The
> general problem of having to use the ankered values in a rising,
> sideways or falling trend are now overcome with optimized
> trend-following ob/os zones.
> This indicator comes as a 5 piece-set to form, along with its
> "underlaying", one inner window.
>
> In Metastock 6.x
>
> Indicator(1-5):
> ----------
> 1.Name : +1 Dynamic OB/OS Zones - top
> formula : {dynamics inner zone - deviation 1 - top}
> Mov( RSI(14),200,S)+Stdev( Mov( RSI(14),1,S),200)
> 2.Name : -1 Dynamic OB/OS Zones - bottom
> formula : {dynamics inner zone - deviation 1 - bottom}
> Mov( RSI(14),200,S)-Stdev( Mov( RSI(14),1,S),200)
> 3.Name : +1.5 Dynamic OB/OS Zones - top
> formula : {dynamics outer zone -deviation1.5 - top}
> Mov( RSI(14),200,S)+(1.5*Stdev( Mov( RSI(14),1,S),200))
> 4.Name : -1.5 Dynamic OB/OS Zones - bottom
> formula : {dynamics outer zone - deviation 1.5 - bottom}
> Mov( RSI(14),200,S)-(1.5*Stdev( Mov( RSI(14),1,S),200))
> 5.Name : +0 +0 Dynamic OB/OS Zones
> formula : {dynamics "50" level}
> Mov( RSI(14),200,S)
>
> NOTE: Above formula uses RSI for basics, but it can also be used with
> any other overbought/oversold indicator.
>
>
> ===//===========/////============//////=============///////////=======
> ------------------------------------------------------------------------------------------------------
> ===//===========/////============//////=============///////////=======
>
> -----Oorspronkelijk bericht-----
> Van: Anil Chugani
> Aan: metastock users group <metastock-list@xxxxxxxxxxxxx>
> Datum: woensdag 3 juni 1998 12:39
> Onderwerp: Metastock indicator code for dynamic zone indicator
>
>
> >Is it possible to create the dynamic zone indicator in metastock ver 6.5?
> >
> >If anybody does have the code I would appreciate very much if you could let
> >me know.
> >
> >The Easy Language code for Tradestation & SuperChart is reproduced below and
> >is taken from page 27 of the summer '98 issue of Omega Research Magazine.
> >
> >RSI-DZ2
> >Inputs:PriRSI(Close), LenRSI(9), LookBack(70), StD(2.5), Smooth(1);
> >Vars: MidBand(0), HighBand(0), LowBand(0);
> >MidBand=Average(RSI(PriRSI, LenRSI), LookBack);
> >HighBand=MidBand+StdDev(RSI(PriRSI, LenRSI), LookBack) * StD;
> >HighBand=Average(HighBand, Smooth);
> >LowBand=MidBand-StdDev(RSI(Pri(RSI,LenRSI), LookBack) * StD;
> >LowBand=Average(LowBand, Smooth);
> >
> >Buy/Sell rules for system
> >If RSI(PriRSI, LenRSI) Crosses Over LowBand Then Buy on Close;
> >If RSI(PriRSI, LenRSI) Crosses Under HighBand Then Sell on Close;
> >If RSI(PriRSI, LenRSI) Crosses Under LowBand Then ExitLong on Close;
> >If RSI(PriRSI, LenRSI) Crosses Over HighBand Then ExitShort on Close:
>
>
Attachment Converted: "c:\eudora\attach\Ms65-DynZonRSI2.zip"
|