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Mov((O-Ref(C,-1)),14,S);
Mov((C-O),14,S);
----- Original Message -----
From: <L1L2L3L4L5@xxxxxxxxxx>
To: <metastock@xxxxxxxxxxxxx>
Sent: Friday, October 12, 2001 10:28 AM
Subject: Re: Larry Williams pro go indicator :here is the info; can anyone
code it for us please?
> this is a copy and paste from an anonymous public forum:
Williams PRO-GO Indicator
> >
> > This indicator has two lines. The Public Buying (green line) at the
beginning of the day and the Professional Buying (red line) at the end of
the day.
> >
> > This technique is to create two Advance/Decline lines.
> >
> > The Public Advance/Decline line is constructed by using the change from
yesterday's closes to today's open.
> >
> > The professional Advance/decline line is constructed by using the change
from today's open to today's close.
> >
> > The lines are calculated by taking a moving average, normally 14-days,
of the results.
> > This study is only for daily charts and can be used to highlight
divergences between the Professional Advance/Decline (red line) and the
price. The common interpretation of this study is if the Professional line
(red) goes below the Public line (green) it is a sell signal and if the
Professional line (red) goes above the Public line (green) it is a buy
signal.
> >
> >
> > THANKS to whosoever can do this for all of us here on the list.
The Disclaimer:Everything on this post or anything or anyone in connection
with it is not liable for poor trading results.Trade ONLY with fake,paper
money.
>
>
> __________________________________________________________
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>
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