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Many thanks to everyone regarding help I requested on the macd settings , I
am now full bottle on the subject and have successfully created my own
tailor made macd.
Cheers Guy's.
regards Jeff
----- Original Message -----
From: "Pierre Tremblay" <pt2000@xxxxxxxxxxxxxxxx>
To: <metastock@xxxxxxxxxxxxx>
Sent: Monday, June 17, 2002 8:16 AM
Subject: Re: Macd properties
Jeff,
You can use the PRICE OSCILLATOR function instead of MACD(). MS help
gives that explanation :
SYNTAX : oscp( PERIODS, PERIODS, MA_METHOD, DIFF_METHOD )
FUNCTION : Calculates the PERIODS/PERIODS predefined Price Oscillator
indicator calculated using the MA_METHOD moving average method expressed
in DIFF_METHOD.
Valid MA_METHODs are SIMPLE, EXPONENTIAL, WEIGHTED, TIMESERIES,
TRIANGULAR, and VARIABLE (these can be abbreviated as S, E, W, T, TRI,
VAR).
Valid DIFF_METHODs are PERCENT and POINTS (these can be abbreviated as %
and $).
EXAMPLE : The formula "oscp(1, 25, E, $)" returns a 1-period/25-period
exponential price oscillator expressed in points.
So Jeff, if you use OscP( 12,26, E, $ ) and add a 9 periods exponential
moving average of this indicator as signal line, you have about the same
result that MACD(). You can now change the parameters.
Pierre Tremblay
jeff a écrit :
> High guys I'm new to metastock and have a very simple question for
> you , when using the macd indicator , how do I change one set of the
> property parameters without changeing the other i.e the moving
> averageline property and the macd property , as soon as I change one
> the other changes too?regards Steve.
>
> ----- Original Message -----
> From: Larry
> To: 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.Cum(
> > If( C, >, Ref(C,-1), + ATR(3) ,
> > If( C, <, Ref(C,-1), -ATR(3), 0) ))
> > ---
> > Outgoing mail is certified Virus Free.
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> >
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>
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