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Glen:
Thanks for your clarification.
Your remarks about smoke and mirrors reminds me of one of my college profs.
He had a talent for making the simplest subjects almost impossible to
understand.
Regards
Lionel Issen
lissen@xxxxxxxxxxxxxx
----- Original Message -----
From: "Glen Wallace" <gcwallace@xxxxxxxx>
To: "MetaStock listserver" <metastock@xxxxxxxxxxxxx>
Sent: Tuesday, July 24, 2001 5:17 PM
Subject: Re: Kase Indicator
> J:
>
> I wondered about the logic myself. The line you highlighted is
> just moving average volume multiplied by the square root of 10.
> The ATR, volume, and square root stuff is smoke and mirrors,
> while the essence of the entire indicator is:
>
> If (Ref(High,-10) / Low) > (High / Ref(Low,-10)) then plot the Low
> If (Ref(High,-10) / Low) < (High / Ref(Low,-10)) then plot the High
>
>
>
> ----- Original Message -----
> From: "j seed" <jseed_10@xxxxxxxxxxx>
> To: <metastock@xxxxxxxxxxxxx>
> Sent: Tuesday, July 24, 2001 1:52 PM
> Subject: Re: Kase Indicator
>
> > Just curious, can somone explain the logic behind using
> > (Mov(V,N1,S)*Sqrt(N1)) in the formula?
> >
> > Thanks,
> >
> > J
> >
> >
> >
> > >From: "Glen Wallace" <gcwallace@xxxxxxxx>
> > >Reply-To: metastock@xxxxxxxxxxxxx
> > >To: <metastock@xxxxxxxxxxxxx>
> > >Subject: Re: Kase Indicator
> > >Date: Tue, 24 Jul 2001 09:54:56 -0700
> > >
> > >Here it is in MetaStock Language with a MetaStock chart and
> > >TradeStation chart attached for comparison. Erich, please tell
> > >us about the logic and how the indicator is used.
> > >
> > >N1:= 10;
> > >KSDIUP:= If(ATR(N1)>0,
> > > (Ref(H,-N1)/L)/(Mov(V,N1,S)*Sqrt(N1)),
> > > Ref((Ref(H,-N1)/L)/(Mov(V,N1,S)*Sqrt(N1)),-1));
> > >KSDIDN:= If(ATR(N1)>0,
> > > (H/Ref(L,-N1))/(Mov(V,N1,S)*Sqrt(N1)),
> > > Ref((H/Ref(L,-N1))/(Mov(V,N1,S)*Sqrt(N1)),-1));
> > >Plot:= If(KSDIUP>KSDIDN, LOW,
> > > If(KSDIUP<KSDIDN, HIGH, (HIGH+LOW)/2));
> > >Plot;
> > >
> > >
> > >
> > >----- Original Message -----
> > >From: "Erich Kohlhofer" <KohlhoEG@xxxxxxxxxxxx>
> > >To: <metastock@xxxxxxxxxxxxx>
> > >Sent: Tuesday, July 24, 2001 1:40 AM
> > >Subject: Kase Indicator
> > >
> > > > Hi, this is the Cynthia Kase indicator written for
Omega-Tradestation:
> > > >
> > > > input: N1(10);
> > > >
> > > > var:KSDIUP(0),KSDIDN(0);
> > > >
> > > > if average(@TrueRange, n1) > 0 then
> > > > KSDIUP = ((high[N1]/low))/(( average(V, N1) * SquareRoot(n1)))
> > > > else KSDIUP = KSDIUP[1];
> > > >
> > > > if average(@TrueRange, n1) > 0 then
> > > > KSDIDN = ((high/low[N1]))/(( average(V, N1) * SquareRoot(n1)))
> > > > else KSDIDN = KSDIDN[1];
> > > >
> > > > if KSDIUP>KSDIDN then plot1(l,"l");
> > > > if KSDIUP<KSDIDN then plot2(h,"h");
> > > >
> > > > if KSDIUP=KSDIDN then plot3((h+l)/2,"m")
> > > >
> > > > Does anyone have the MS code for this?
> > > >
> > > > Erich
> > ><< KaseIndicator-MS.gif >>
> > ><< KaseIndicator-TS.gif >>
>
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