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Re: VWAP Support/Resistance Problems



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After I sent this message, I checked the Equis site and found that they had
updated the TASC Traders Tips.
Lionel Issen
lissen@xxxxxxxxx
----- Original Message -----
From: "Lionel Issen" <lissen@xxxxxxxxx>
To: <metastock@xxxxxxxxxxxxx>
Sent: Friday, April 13, 2001 11:04 PM
Subject: Re: VWAP Support/Resistance Problems


> 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())
> >
>