|
PureBytes Links
Trading Reference Links
|
(If right) The MSK version for the Brown's indicator.
----------------------------------------
Name: RSI derivative index (EL) - C. Brown {EasyLanguage}
Formula:
Base:=Mov(RSI(14),6,S);
ATRcustom:=HHV(
ValueWhen(1,RSI(14)>Ref(RSI(14),-1),ATR(1))OR
ValueWhen(2,RSI(14)>Ref(RSI(14),-1),ATR(1))OR
ValueWhen(3,RSI(14)>Ref(RSI(14),-1),ATR(1)),14);
Part1:=
{up coefficient is a factor 2.3 and added}
(2.3*(Mov(ATRcustom, 15,S)));
Part2:=
{down coefficient is factor 2.1 and subtracted}
(2.1*(Mov(ATRcustom, 15,S)));
{Part3=if RSI closes up or equal to, than part1,
else, if RSI closes down, part2}
If( Base>=Ref(Base,-1),
{RSI up=TRUE, then} Base+Part1,{else}
{RSI up=FALSE,then} Base-Part2)
Regards,
Ton Maas
ms-irb@xxxxxxxxxxxxxxxx
Dismiss the ".nospam" bit (including the dot) when replying.
Homepage http://home.planet.nl/~anthmaas
----- Original Message -----
From: "j seed"
To: <metastock@xxxxxxxxxxxxx>
Sent: zaterdag 18 maart 2000 9:10
Subject: Re: CCI and Brown's
> Ton,
> Thanks for the indicators!
> J.
>
>
> ______________________________________________________
> Get Your Private, Free Email at http://www.hotmail.com
>
>
HHP
OK, here goes. The formula is in three parts, plots 1,2,3. Here is plot 1.
(Average((RSI(Close,14)),6)) +
(Coefup(Average(TrueRangeCustom((RSI
(Close,14)), (RSI(Close,14)), (RSI(Close,14))) , 15)))
The coef up is 2.3
The next part includes the coef down which is 2.1 and is subtracted.
----- Original Message -----
From: "HHP"
To: <metastock@xxxxxxxxxxxxx>
Sent: Friday, March 17, 2000 12:55 PM
Subject: Re: C. Brown's RSI derivative oscillator
> MR,
>
> Give it a try. Someone will probably come up with the answer.
>
> HHP
> ==========================
>
> "M. Robb" wrote:
> >
> > HHP:
> >
> > I have the tradestation easy language formula.....would you want me to
> > reproduce that here?
> >
> > MR
> > ----- Original Message -----
> > From: "HHP"
> > To: <metastock@xxxxxxxxxxxxx>
> > Sent: Friday, March 17, 2000 2:26 AM
> > Subject: C. Brown's RSI derivative oscillator
> >
> > > MR,
> > >
> > > I'll try to help if you can be more explicit. Please write it out step
> > > by step. Am not familiar with this indicator so have no reference to go
> > > by. Your code seems to require major surgery.
> > >
> > > HHP
> > > ==========================
> > >
> > > "M. Robb" wrote:
> > > >
> > > > In attempting to write an indicator to match C. Brown's RSI derivative
> > > > oscillator the formula builder stops at the comma after the ATR(14) and says
> > > > this variable must contain only constant data.
> > > >
> > > > Brown's formula says to add 2.3 times the average true range of up RSI
> > > > 14,6,S closes, and then runs the triple smoothing.
> > > >
> > > > Mov((RSI(14)),6,S) + 2.3*ATR(If(INDICATOR > PREVIOUS ,
> > > > mov((RSI(14)),((RSI(14))),(RSI(14))),15)))
> > > >
> > > > For some reason I can't figure out how to express this correctly.
|