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Re: metastock-digest V1 #1576



PureBytes Links

Trading Reference Links

http://www.quotelf.com/
Havent tried it yet.

--- metastock-digest
<owner-metastock-digest@xxxxxxxxxxxxxxxxxx> wrote:
> 
> metastock-digest       Wednesday, May 22 2002      
> Volume 01 : Number 1576
> 
> 
> 
> 
>
----------------------------------------------------------------------
> 
> Date: Sun, 19 May 2002 13:17:20 -0700
> From: "billhebert" <billhebert@xxxxxxxxxxx>
> Subject: Re: TC2000 BOP
> 
> 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
> >
> > >
> > >
> >
> >
> 
> ------------------------------
> 
> Date: Sun, 19 May 2002 13:40:47 -0700
> From: "billhebert" <billhebert@xxxxxxxxxxx>
> Subject: Re: Formula for TSV?
> 
> Thanks Ron,
> 
> Feel free to post code to the forum if you think
> others would like to see
> it.
> 
> BH
> 
> - ----- Original Message -----
> From: "Ron" <ronber@xxxxxxxxxxxxx>
> To: <metastock@xxxxxxxxxxxxx>
> Sent: Sunday, May 19, 2002 10:43 AM
> Subject: Re: Formula for TSV?
> 
> 
> > Bill -
> >
> > I took your Exponential code (Nice job! ) and
> created a function.  .. I
> > made one change to the plot. I added -50 at the
> end (ie your plot -50)
> > and a horizontal line at 0  This seems to cause
> the plot to >look< even
> > more like the plot in TC2000. Thanks again.
> >
> > Ron
> >
> > billhebert wrote:
> >
> > >Larry,
> > >
> > >TSV - This is my StocOBV which the same
> crossovers and peaks as TSV.
> > >The curve does not match always.  I am trying a
> ROC version and H+L/2
> > >version so see if I can get closer to the
> original formula.  This is
> closed
> > >to the
> > >Exponential version of TSV
> > >
> > >Good place to start.
> > >
> > >Var1:=Input("Period",2,40,16);
> > >Var2:=Input("MA",1,20,2);
> >
>
>obvv:=Cum(If(C,>,Ref(C,-1),+V,If(C,<,Ref(C,-1),-V,0)));
> > >Mov((obvv-LLV(obvv,var1))/
> > >(HHV(obvv,var1)-(LLV(obvv,var1))),var2,E)*100;
> > >
> > >This was my first attempt with an RSI of OBV and
> it is slosed to the
> Simple
> > >version of TSV.
> > >
> > >A:= Input("Period",2,40,12);
> > >U:=If(C>Ref(C,-1),+V,0);
> > >D:=If(C<Ref(C,-1),-V,0);
> > >UE:=Mov(U,A,E);
> > >DE:=Mov(Abs(D),A,E);
> > >100-(100/(1+(UE/DE)));
> > >
> > >Please feel free to post any refinements if you
> come up with something
> > >closer yet.
> > >
> > >Bill
> > >
> > >----- Original Message -----
> > >From: "Larry" <amernick@xxxxxxxxx>
> > >To: <metastock@xxxxxxxxxxxxx>
> > >Sent: Friday, May 17, 2002 9:53 PM
> > >Subject: Re: Formula for TSV?
> > >
> > >
> > >>Please place the formula on this list!
> > >>
> > >>jeff wrote:
> > >>
> > >>>Billherbert, I have also wanted to ask this
> same question  so am
> > >>>
> > >interested
> > >
> > >>>in the formula, how well / close does it come
> and could i also get a
> > >>>
> > >copy of
> > >
> > >>>your formula Bill.
> > >>>Regards Jeff Cadman
> > >>>----- Original Message -----
> > >>>From: "billhebert" <billhebert@xxxxxxxxxxx>
> > >>>To: <metastock@xxxxxxxxxxxxx>
> > >>>Sent: Saturday, May 18, 2002 8:27 AM
> > >>>Subject: Re: Formula for TSV?
> > >>>
> > >>>>Stephen,
> > >>>>
> > >>>>I have come close by taking the Stoch of OBV. 
> You can set the time
> > >>>>
> > >period
> > >
> > >>>>and it is close to the Exponential TSV.
> > >>>>
> > >>>>If you look at the StochRSI formula, just
> substitute OBV and you come
> > >>>>
> > >>>pretty
> > >>>
> > >>>>close.  Another way that I have not
> > >>>>tried is simply taking a ROC of OBV for time
> period.
> 
=== message truncated ===


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