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Bill,
I would apreciate it a great deal, if you would be so kind as to post
the complete formula.
Ron
billhebert wrote:
>Ron,
>
>I have found that the TSV and Moneystream indicators in TC2000 to be quite
>useful
>
>The BOP indicator is the least useful of the three. Worden even stated that
>their
>BOP indicator does not work well on high cap stocks. These turn out to be
>the
>only stock with high enough volume to trade
>
>BOP does work well though when their is significant BOP selling of about 11
>days.
>As it starts to recover their is typically an increase in the price of the
>security.
>
>Their is an Article on BOP in the August 2001 copy of Stocks and Commodities
>Magazine by Igor Livishin. He creates the indicator in three components of
>three
>different reward criteria. What is interesting is that if you combine the 3
>different
>reward criteria formulas into one formula you get.
>
>BOP = (C-O)/(H-L)
>
>After Worden saw the article he made them change the name of the indicator,
>it is
>now call BMP
>
>The full formula for the three different reward criteria are on page 73 Aug
>'01 S&C
>
>If you do not have that issue I can send the complete formula
>
>BH
>----- Original Message -----
>From: "Ron" <ronber@xxxxxxxxxxxxx>
>To: <metastock@xxxxxxxxxxxxx>
>Sent: Sunday, May 19, 2002 7:55 AM
>Subject: TC2000 BOP
>
>
>>>
>>>Hi all -
>>>
>>>Is there a parallel indicator of TC2000's BOP avaailable in MetaStock?
>>>
>>TIA
>>Ron
>>
>>>
>>
>
>
>
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