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Angel,
The StTO is really nothing unique. It is basically a momentum indicator
and plots very similar to the "Chande Momentum Oscillator" with the
main difference being the "StTO" doesn't seem to swing as far as the CMO.
I am not sure how the math is calculated for the CMO,but the (basic) math
for the StTO is:
(Close- Yesterday's Close) / (H-L)
Here is the MetaStock code I use:
name: StTO
{Short-term Trend Oscillator}
Lb:=Input("Smoothing Period?",1,60,5);
Num:=C-Ref(C,-1);
Den:=H-L;
Mn:=If(Mov(Num,Lb,S)=0,.01,Mov(Num,Lb,S));
Md:=If(Mov(Den,Lb,S)=0,.01,Mov(Den,Lb,S));
(Mn/Md)*100
Adam
----- Original Message -----
From: Angel Ibarra <ibarra@xxxxxxxxx>
To: <metastock@xxxxxxxxxxxxx>
Sent: Wednesday, June 23, 1999 2:02 AM
Subject: Re: StoRSI S&P Tracker
> Adam,
> I am rather new to this list and I do not know all the indicators that
> you mention. Can anyone tell me what is the StTO (short-term trend
> oscillator)?
> Thanks a lot
> Angel
>
>
>
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