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Re: Larry Williams pro go indicator :here is the info; can anyone code it forus please?



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Try these!

J.

{Williams-Professionals}
Prof:=Mov(O - C,7,S);
(((Sum( Prof - LLV(Prof,7),7)) /
Sum((HHV(Prof,7) -
LLV(Prof,7)),7)))*100;
25;75;

{Williams-Public}
Public:= Mov(O - Ref(C,-1), 7, S);
((((Sum( Public - LLV(Public,7),7)) /
Sum((HHV(Public,7) -
LLV(Public,7)),7)))*100);
75;25;



>From: L1L2L3L4L5@xxxxxxxxxx
>Reply-To: metastock@xxxxxxxxxxxxx
>To: metastock@xxxxxxxxxxxxx
>Subject: Re: Larry Williams pro go indicator :here is the info;    can 
>anyone code it for us please?
>Date: 11 Oct 2001 21:58:56 -0700
>
>   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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