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It is a detrender described by John Ehler's in the July 2000 TASC.
Larry wrote:
>What is your intention with this formula? What are you tringto measure? And what
>does it mean or forecast for the future?
>
>> >>
>> >> ----- Original Message -----
>> >> From: "Jeff Haferman" <haferman@xxxxxxxxxxxxxxxxxxxxxxx>
>> >> To: <metastock@xxxxxxxxxxxxx>
>> >> Sent: Sunday, March 04, 2001 5:03 PM
>> >> Subject: EasyLanguage to Metastock conversion
>> >>
>> >>
>> >> >
>> >> > I've got some code I'm trying to convert to Metastock...
>> >> > it's written in EasyLanguage.
>> >> >
>> >> > I've got:
>> >> >
>> >> > Value1 = Close + 0.088*Value1[6];
>> >> > Value2 = Value1 - Value1[6] + 1.2*Value2[6] - 0.7*Value2[12];
>> >> > D = Value2[12] - 2*Value2[6] + Value2;
>> >> > Plot1(D,"D");
>> >> >
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