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Re: VWAP Support/Resistance Problems



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Last year and previously, Equis posted the metastock indicators that were in
TASC to the web site.  When I checked the web site about a week ago I found
that the latest posting. from TASC, was December 2000. I wrote to tech
support and they said that they hadn't been keeping it up, ie dont bother
us..
Lionel Issen
lissen@xxxxxxxxx
----- Original Message -----
From: "stephen bell" <sbell@xxxxxxxxxxxxx>
To: <metastock@xxxxxxxxxxxxxxxxxx>
Sent: Friday, April 13, 2001 6:10 PM
Subject: VWAP Support/Resistance Problems


> {In the May 2001 Tech. analysis of Stocks & Commodities, George Reyna
> presents the following Metastock indicator:
>
> Volume Weighted Ave. Price Support/Resistance
>
> Problem:
> The indicator will not plot on any Metastock window.  I checked into the
> Metastock website to see if they had a correction to the code, but did
> not see any.  Does anyone on this listserv have success with using this
> indicator?
>
> Thanks,
> Stephen Bell, Tucson AZ USA}
>
>
> {From P.67, TASC, May 2001
> MIDAS Volume Weighted Ave Price-Support/resist.}
>
> sm:=Input("Starting Month",1,12,1);
> sd:=Input("Starting day of month",1,31,1);
> sy:=Input("Starting year",1980,2100,2000);
> start:= sd = DayOfMonth() AND sm = Month() AND sy = Year();
> pv:= MP()*V;
>
>
denom:=If(Cum(V)-ValueWhen(1,start,Cum(V))=0,1,Cum(V)-ValueWhen(1,start,Cum(
V)));
>
> If(BarsSince(start),(Cum(pv)-ValueWhen(1,start,Cum(pv)))/denom,MP())
>