Re: Band2 Study

["Lionel Issen" <lissen@xxxxxxxxx>]

HHP:

Thanks much. I'll give it a shot.
Lionel Issen
lissen@xxxxxxxxx
----- Original Message -----
From: HHP <hhp@xxxxxxxx>
To: <metastock@xxxxxxxxxxxxx>
Sent: Tuesday, May 23, 2000 5:57 PM
Subject: Re: Band2 Study


Lionel,

This should come close (unless I've botched something, in which I'll be
sure to hear about it)  :).  It's made up of two indicators and an
Expert.
IMPORTANT: Make sure both indicators have the same parameters.  Change
the default values to suit yourself.

{Name: %Bands}
Pds:= Input("EMA Periods?",1,1000,21);
Pct:= Input("Percentage Bands?",0.1,10,5);
MA:= Mov(C,Pds,E);
TBnd:= MA*(1+Pct/100);
LBnd:= MA*(1-Pct/100);
MA;TBnd;LBnd;

{Name: %BandsCount}
Pds:= Input("EMA Periods?",1,1000,21);
Pct:= Input("Percentage Bands?",0.1,10,5);
MA:= Mov(C,Pds,E);
TBnd:= MA*(1+Pct/100);
LBnd:= MA*(1-Pct/100);

IUp:= (H > TBnd) * Ref((H <= TBnd),-1);
CntUp:= IUp + BarsSince(IUp=1) * (H > TBnd);

IDn:= (L < LBnd) * Ref((L >= LBnd),-1);
CntDn:= IDn + BarsSince(IDn=1) * (L < LBnd);
CntUp; -CntDn;

EXPERT
{Name: %Bands}

Symbols tab.
{Name: %BandUp}
FmlVar("% BandsCount","CNTUP") >= 1
{Graphic: Dot, Small, Green, Above price plot}

Symbols tab.
{Name: %BandDn}
FmlVar("% BandsCount","CNTDN") >= 1
{Graphic: Dot, Small, Magenta, Below price plot}

HHP
===================

Lionel Issen wrote:
>
> This is very interesting.
>
> Has anyone put this in either Excel or Metastock format?
> Lionel Issen
> lissen@xxxxxxxxx
> ----- Original Message -----
> From: Mark Brown <markbrown@xxxxxxxxxxxxx>
> To: metastock <metastock@xxxxxxxxxxxxx>
> Sent: Tuesday, May 23, 2000 10:01 AM
> Subject: Band2 Study
>
> > Hello ,
> >
> >     http://www.markbrown.com/bands2.htm
> >
> > --
> >
> >
> > -Thanks, Mark
> >
> > .oİş°¨¨°şİ[ WWW.MARKBROWN.COM ]İş°¨¨°şİo.
> >
> >
> >


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