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<DIV><FONT size=2>A repost from my mail send last
year..............</FONT></DIV>
<DIV><FONT size=2>With for the new MSK 7.x version some additions+{typo}
alterations made to it.</FONT></DIV>
<DIV><FONT size=2></FONT><FONT size=2></FONT><FONT size=2></FONT><FONT
size=2></FONT><BR><FONT size=2>Regards,<BR>Ton Maas<BR></FONT><A
href="mailto:ms-irb@xxxxxxxxxxxxxxxx";><FONT
size=2>ms-irb@xxxxxxxxxxxxxxxx</FONT></A><BR><FONT size=2>Dismiss the ".nospam"
bit (including the dot) when replying.<BR>Homepage </FONT><A
href="http://home.planet.nl/~anthmaas";><FONT
size=2>http://home.planet.nl/~anthmaas</FONT></A></DIV>
<DIV><FONT size=2></FONT> </DIV>
<DIV><FONT size=2></FONT> </DIV>
<DIV><FONT size=2>----- Oorspronkelijk bericht ----- </FONT>
<DIV><FONT size=2>Van: "Alexandros Spiroglou"</FONT></DIV>
<DIV><FONT size=2>Aan: <</FONT><A href="mailto:metastock@xxxxxxxxxxxxx";><FONT
size=2>metastock@xxxxxxxxxxxxx</FONT></A><FONT size=2>>; <</FONT><A
href="mailto:metastock@xxxxxxxxxxxxx";><FONT
size=2>metastock@xxxxxxxxxxxxx</FONT></A><FONT size=2>></FONT></DIV>
<DIV><FONT size=2>Verzonden: dinsdag 19 september 2000 8:53</FONT></DIV></DIV>
<DIV><FONT size=2><BR></FONT></DIV>
<DIV><FONT size=2>> how can we calculate the RSI of MACD?<BR>> <BR>>
Warmest regards<BR>> Alex Spiroglou<BR>> </FONT></DIV>
<DIV><FONT size=2></FONT> </DIV>
<DIV><FONT size=2>===================== Repost below
line============================</DIV>
<DIV><BR></DIV>
<DIV>
<DIV><FONT size=2>Because of the many typos and page's structural layout
errors (readability) and for MSK use,</FONT></DIV>
<DIV><FONT size=2>had to rewrite the article's Traders Tips' MSK formulas
section. </FONT></DIV>
<DIV><FONT size=2></FONT> </DIV>
<DIV><FONT size=2><FONT size=2>Eg: - </FONT>The Relative Strength indicator is a
completely different indicator to the</FONT></DIV>
<DIV><FONT size=2> </FONT><FONT
size=2>one that </FONT><FONT size=2>has been named on the S&C Trader Tips
page.</FONT></DIV>
<DIV> </DIV>
<DIV><FONT size=2> - Where Relative Strength(RS)
compares 2 objects' strengths to each other</FONT></DIV>
<DIV><FONT size=2> - The Relative Strength
Index(RSI) measures a single object's internal strength.</FONT></DIV>
<DIV> </DIV>
<DIV><FONT size=2> - This latter one by Welles
Wilder is also used for indicator base. </FONT></DIV>
<DIV> </DIV>
<DIV><FONT size=2>You better use the build-in MACD (Tema
Smoothed) for faster signals, or apply </FONT><FONT
size=2>tweaked</FONT></DIV>
<DIV><FONT size=2>periods, other than the standard default, for this
indicator.</FONT></DIV>
<DIV> </DIV>
<DIV><FONT size=2>Regards,<BR>Ton Maas<BR><A
href="mailto:ms-irb@xxxxxxxxxxxxxxxx";>ms-irb@xxxxxxxxxxxxxxxx</A><BR>Dismiss the
".nospam" bit (including the dot) when replying and<BR>note the new address
change. Also for my Homepage<BR><A
href="http://home.planet.nl/~anthmaas";>http://home.planet.nl/~anthmaas</A></FONT></DIV>
<DIV> </DIV>
<DIV> </DIV>
<DIV><FONT size=2>===============================================</FONT></DIV>
<DIV> </DIV>
<DIV><FONT size=2>
<DIV><FONT size=2>TASC - Traders Tips</FONT></DIV>
<DIV><FONT size=2>
<DIV><FONT size=2><FONT size=2><A
href="http://www.traders.com";>http://www.traders.com</A></FONT><A
href="file:///D:/Equis/Z-Diversen/faq-MetaStock/Formulas/TASC/S&c9910/TradersTips/Tips9910.html">/TradersTips/Tips9910.html</A></FONT></DIV></FONT></DIV></FONT></DIV>
<DIV> </DIV>
<DIV> </DIV>
<DIV><FONT size=2><FONT size=2><FONT size=2><STRONG>Relative Strength Index of
Macd </STRONG>(rewritten by Ton Maas for MetaStock v6.5x or higher
use).</FONT></FONT></FONT></DIV>
<DIV><FONT size=2><FONT size=2><FONT size=2> </DIV></FONT></FONT></FONT>
<DIV><FONT size=2>The Relative Strength Index of Macd indicator for MetaStock
6.5 or higher.</FONT></DIV>
<DIV><FONT size=2><PRE><FONT size=2><DIV><FONT face=Arial size=2><FONT size=2><STRONG><U>To plot the RSI Macd line</U></STRONG></FONT></FONT></DIV><DIV><FONT face=Arial size=2><FONT size=2><FONT size=2> <DIV><FONT face=Arial size=2>-In MetaStock, select "Indicator Builder" from the Tools menu</FONT></DIV><DIV><FONT face=Arial size=2>-In the Indicator Builder, click "new" and enter the following formula</FONT></DIV><DIV></FONT> </FONT></FONT><FONT size=2></DIV></DIV><FONT size=2></FONT></FONT><DIV><FONT size=2><FONT size=2><FONT face="Courier New"><STRONG>Name: RSI Macd</STRONG></FONT></FONT></FONT></DIV><DIV><FONT size=2><FONT size=2><FONT face="Courier New">{Article in the S&C Oct99 issue. For example<BR>plot OB & OS levels at +2.5 and -2.5 and a<BR>horizontal trend dividing line at 0.}<BR>Q:=Input("Relative Strength Index Time Periods",<BR> 3,100,14);</FONT></FONT></FONT></DIV><DIV><FONT size=2><FONT size=2><FONT face="Courier New">R1:=Input("MACD Short Time Periods",1,100,12);<BR>R2:=Input("MACD Long Time Periods",1,100,26);<BR>z:=Wilders(If(ROC(C,1,$)>0,ROC(C,1,$),0),<BR> LastValue(Q));<BR>y:=Wilders(If(ROC(C,1,$)<0,Abs(ROC(C,1,$)),0),<BR> LastValue(Q));<BR>ZY:=Z/Y;<BR>RSIx:=100-(100/(1+ZY));<BR>RSIxMACD:=Mov(RSIx,R1,E)-Mov(RSIx,R2,E);<BR>RSIxMACD</FONT></FONT></FONT></DIV></FONT></PRE></FONT></DIV>
<DIV><FONT size=2><FONT size=2>
<DIV>-Click OK</DIV>
<DIV>-Close out of the Indicator Builder</DIV>
<DIV>-Open a chart</DIV>
<DIV>-Plot the new formula by dragging it from the Indicator QuickList</DIV>
<DIV> or by clicking "indicators" from the Insert menu.</DIV>
<DIV>-The RSI Macd line will be plotted.</FONT></FONT></DIV>
<DIV><FONT size=2><FONT size=2></FONT></FONT> </DIV>
<DIV><FONT size=2><FONT size=2>If you prefer to view the <STRONG>RSI Macd
</STRONG>line in a <STRONG>Histogram </STRONG>style:</FONT></FONT></DIV>
<DIV><FONT size=2><FONT size=2>-Select </FONT></FONT><FONT size=2><FONT
size=2>the RSI Macd line</FONT></FONT></DIV>
<DIV><FONT size=2><FONT size=2>-Right click for Properties</FONT></FONT></DIV>
<DIV><FONT size=2>-Click the Color/Style tab</FONT></DIV>
<DIV><FONT size=2><FONT size=2>-Use <STRONG>Style: </STRONG>to change it
to the (2nd from bottom) histogram style option.</FONT></FONT></DIV>
<DIV><FONT size=2>-Click OK.</FONT></DIV>
<DIV> </DIV>
<DIV><FONT size=2><STRONG><U>To plot the Signal line</U></STRONG></FONT></DIV>
<DIV> </DIV>
<DIV><FONT size=2>-Drag the build-in "<STRONG>Moving Average</STRONG>" Indicator
from the Indicator QuickList and Hold Down</FONT></DIV>
<DIV><FONT size=2> <FONT size=2>the Left mouse-button</FONT> while moving
the mouse pointer </FONT><FONT size=2>down to the RSI Macd-inner window
</FONT></DIV>
<DIV><FONT size=2>-W</FONT><FONT size=2>hen holding the Moving Average
Indicator on top of the RSI Macd line, </FONT><FONT size=2>the selected
indicator</FONT></DIV>
<DIV><FONT size=2> </FONT><FONT size=2>will </FONT><FONT
size=2>change into the Magenta color, eg Selecting the underlay</DIV>
<DIV>
<DIV></FONT><FONT size=2>-T</FONT><FONT size=2>he status bar will say "Calc
moving average using RSI Macd" </FONT><FONT size=2>to signify </FONT><FONT
size=2>that the RSI Macd</FONT></DIV>
<DIV><FONT size=2> will be used to calculate the moving
average</FONT></DIV></DIV>
<DIV><FONT size=2>
<DIV><FONT size=2>-D</FONT><FONT size=2>rop it </FONT><FONT size=2>on top
of </FONT><FONT size=2>the RSI Macd line, eg Release mouse button
</FONT></DIV></FONT></DIV>
<DIV><FONT size=2>-select "9" for </FONT><FONT size=2>the time period and
</FONT><FONT size=2>"Exponential" for the method used</FONT></DIV>
<DIV><FONT size=2>-Click OK.</FONT></DIV>
<DIV><FONT size=2></FONT> </DIV>
<DIV><FONT size=2><STRONG><U>To plot both the Macd line and the signal
line</U></STRONG> (1 indicator with 2 plotted lines)</FONT></DIV>
<DIV><FONT size=2></FONT> </DIV>
<DIV><FONT size=2>
<DIV><FONT face=Arial size=2>-In MetaStock, select "Indicator Builder" from the
Tools menu</FONT></DIV>
<DIV><FONT face=Arial size=2>-In the Indicator Builder, click "new" and enter
the following formula</FONT></DIV>
<DIV><FONT size=2></FONT> </DIV>
<DIV><FONT face="Courier New"><FONT size=2><STRONG>Name: RSI
Macd(+signal)</STRONG></FONT></FONT></DIV>
<DIV><FONT face="Courier New"><FONT size=2><FONT size=2><FONT size=2><FONT
face="Courier New">{Article in the S&C Oct99 issue. For example<BR>plot OB
& OS levels at +2.5 and -2.5 and a<BR>horizontal trend dividing line at
0.}<BR>Q:=Input("Relative Strength Index Time Periods",<BR>
3,100,14);</FONT></FONT></FONT></FONT></FONT></DIV>
<DIV><FONT face="Courier New"><FONT size=2><FONT size=2><FONT size=2><FONT
face="Courier New">R1:=Input("MACD Short Time
Periods",1,100,12);<BR>R2:=Input("MACD Long Time
Periods",1,100,26);<BR>z:=Wilders(If(ROC(C,1,$)>0,ROC(C,1,$),0),<BR>
LastValue(Q));<BR>y:=Wilders(If(ROC(C,1,$)<0,Abs(ROC(C,1,$)),0),<BR>
LastValue(Q));<BR>ZY:=Z/Y;<BR>RSIx:=100-(100/(1+ZY));<BR>RSIxMACD:=Mov(RSIx,R1,E)-Mov(RSIx,R2,E);<BR>Signal:=Mov(RSIxMACD,9,E);<BR>RSIxMACD;<BR>Signal</FONT></FONT></FONT></FONT></FONT></DIV>
<DIV><FONT size=2>
<DIV> </DIV>
<DIV>-Click OK</DIV>
<DIV>-Close out of the Indicator Builder</DIV>
<DIV>-Open a chart</DIV>
<DIV>-Plot the new formula by dragging it from the Indicator QuickList</DIV>
<DIV> or by clicking "Indicators" from the Insert menu.</DIV>
<DIV>-Both the RSI Macd line and the Signal line will be plotted.</DIV>
<DIV>-In MSKv7x:</DIV>
<DIV> Right Click either line to change its plot style {=Properties,
like Color etc.} </DIV>
<DIV> </DIV>
<DIV>============================================</FONT></FONT></DIV></DIV></DIV></DIV></DIV>
<BLOCKQUOTE
style="PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
<DIV style="FONT: 10pt arial">----- Original Message ----- </DIV>
<DIV
style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black"><B>From:</B>
Theo E.M. Lockefeer </DIV>
<DIV style="FONT: 10pt arial"><B>To:</B> <A title=metastock@xxxxxxxxxxxxx
href="mailto:metastock@xxxxxxxxxxxxx";>Metastock User Group</A> </DIV>
<DIV style="FONT: 10pt arial"><B>Sent:</B> maandag 29 november 1999 8:01</DIV>
<DIV style="FONT: 10pt arial"><B>Subject:</B> MACD of relative strenght.</DIV>
<DIV><BR></DIV>
<DIV><FONT face=Arial size=2>Anyone an expert on this indicator ?</FONT></DIV>
<DIV> </DIV>
<DIV><FONT face=Arial size=2>Anyone who can enlight me ?</FONT></DIV>
<DIV> </DIV>
<DIV><FONT face=Arial size=2>It was published in a recent S & C article
.</FONT></DIV>
<DIV> </DIV>
<DIV><FONT face=Arial size=2>Thx</FONT></DIV>
<DIV> </DIV>
<DIV><FONT face=Arial size=2>Theo Lockefeer</FONT></DIV>
<DIV> </DIV>
<DIV> </DIV></BLOCKQUOTE></FONT></BODY></HTML>
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