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Interesting : Thanks !
Theo Lockefeer
----- Original Message -----
From: "Anil Chugani" <achugani@xxxxxxxx>
To: <metastock@xxxxxxxxxxxxx>
Sent: Friday, October 12, 2001 11:31 AM
Subject: Re: Larry Williams pro go indicator :here is the info; can anyone
code it for us please?
> 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.
> >
> >
> > __________________________________________________________
> > Get your FREE personalized e-mail at http://www.canada.com
> >
>
>
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