RE: Macd properties

["Lionel Issen" <lissen@xxxxxxxxxxxxxx>]

<BLOCKQUOTE dir=ltr 
style="PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
  This seems to be 
  formulated for an earlier version of Metastock.  Is there a formulation 
  for Version 7.xx?
  <SPAN 
  class=701223812-16062002> 
  <SPAN 
  class=701223812-16062002>Lionel 
  <SPAN 
  class=701223812-16062002> 
  <SPAN 
  class=701223812-16062002> ----- Original Message ----- 
  <DIV 
  style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From: 
  Larry 
  To: <A title=metastock@xxxxxxxxxxxxx 
  href="mailto:metastock@xxxxxxxxxxxxx";>metastock@xxxxxxxxxxxxx 
  Sent: Saturday, June 15, 2002 2:18 
  AM
  Subject: Re: OBTR
  I have the following formula for On Balance True Range! 
  Mov(Cum(If(C > Ref(C,-1),1,-1) *       
  (If(Ref(C,-1) < L,       {Then} (H - 
  Ref(C,-1)),       {Else} 
        If(Ref(C,-1) > H, 
        {Then} (Ref(C,-1) - L), 
        {Else} (H - L) )))), 10 ,E); 
  Mov(Mov(Cum(If(C > Ref(C,-1),1,-1) *       
  (If(Ref(C,-1) < L,       {Then} (H - 
  Ref(C,-1)),       {Else} 
        If(Ref(C,-1) > H, 
        {Then} (Ref(C,-1) - L), 
        {Else} (H - L) )))), 10 ,E),10,E); 
  Mov(Mov(Mov(Cum(If(C > Ref(C,-1),1,-1) * 
        (If(Ref(C,-1) < L, 
        {Then} (H - Ref(C,-1)), 
        {Else}       
  If(Ref(C,-1) > H,       {Then} (Ref(C,-1) - 
  L),       {Else} (H - L) )))), 10 ,E),10,E),10,E) 

  Bob wrote: 
  
    
    
    Here is one to fool around with. Put an EMA 
    on it or watch for cross of zero. I think something similar was in the old 
    Livewire software. Called "On Balance True Range." If anyone finds a good 
    use for it let us know.<FONT 
    size=-1>Cum( <FONT 
    size=-1>    If( C, >, Ref(C,-1), + ATR(3) , 
    <FONT 
    size=-1>        If( C, <, Ref(C,-1), 
    -ATR(3), 0) ))
     
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