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Not my trick, j.
Stole it from a recent post [possibly to this list].
Check to see if your code is based on the brain-dead Equis example, which
calculates RSI+ and RSI- individually, then adds them :-)
Bob
-----Original Message-----
From: owner-metastock@xxxxxxxxxxxxx
[mailto:owner-metastock@xxxxxxxxxxxxx]On Behalf Of j seed
Sent: Friday, March 17, 2000 3:10 PM
To: metastock@xxxxxxxxxxxxx
Subject: RE: FibCMO...trick
Bob & Steve,
As I see more and more formulas, I live and learn! I had a FibCMO in my
formula arsenal but not one that automatically assigns the horizontals as
yours does in the last statement line. Coool! Got any other tricks?
J.
>From: "Bob Jagow" <bjagow@xxxxxxx>
>Reply-To: metastock@xxxxxxxxxxxxx
>To: <metastock@xxxxxxxxxxxxx>
>Subject: RE: FibCMO
>Date: Fri, 17 Mar 2000 13:00:39 -0800
>
>Ken,
> It's the composite CMO discussed in Chandre's book [see p110+]
> Chandre showed that the average of 3 CMOs approximates a
>volatility-based
>CMO; he suggested periods of 5,10,20.
> Steve's FibCMO uses 3,5,8 [among others?] and optimized buy/sell levels.
> I've pasted my MS version below.
>Bob
>----
>num1:=Sum(ROC(C,1,$),3);
>den1:=Sum(Abs(ROC(C,1,$)),3);
>CMO1:=num1/(den1 + .00001);
>num2:=Sum(ROC(C,1,$),5);
>den2:=Sum(Abs(ROC(C,1,$)),5);
>CMO2:=num2/(den2 + .00001);
>num3:=Sum(ROC(C,1,$),8);
>den3:=Sum(Abs(ROC(C,1,$)),8);
>CMO3:=num3/(den3 + .00001);
>100*(CMO1 + CMO2 + CMO3)/3; -20; 60;
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