Re: Forecast Oscillator

[Jeff Haferman <Jeff_Haferman@xxxxxxxxx>]

So, how does Chande recommend using this oscillator?

I applied it to a few equities, and the crossing of the
oscillator with the signal seems to lag, and extreme
values don't seem to catch tops and bottoms.


--- Original message ------

From: "j seed" <jseed_10@xxxxxxxxxxx>
To: metastock@xxxxxxxxxxxxx
Subject: Re: Forecast Oscillator
Date: Thu, 10 Jan 2002 18:01:38 +0000

Steve,

I believe this is it.

J.

{Forecast Osc-Chande}
{from jseed}
Pds:=Input("Time Periods",1,1000,5);
Fld:=Input("Price Field 1=C 2=O 3=H 4=L",1,4,1);
PFld:=If(Fld=1,C,If(Fld=2,O,If(Fld=3,H,L)));
Sig:=Input("Signal MA Periods",1,200,3);
ForO:=((Pfld-(Ref(LinearReg(Pfld,Pds),-1)+
Ref(LinRegSlope(Pfld,Pds),-1)))*100)/Pfld;
ForO;
Mov(ForO,Sig,E);
{end}



>From: "Steve Karnish" <kernish@xxxxxxxxxxxx>
>Reply-To: metastock@xxxxxxxxxxxxx
>To: <metastock@xxxxxxxxxxxxx>
>Subject: Forecast Oscillator
>Date: Thu, 10 Jan 2002 08:34:12 -0700
>
>List,
>
>Does anyone have the math formula for Chande's Forecast Oscillator?
>
>Thanks,
>
>Steve




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