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Using an old formula
from Guppytraders.com, I tried to rewrite it in V 7.x style. I keep
getting an error message that CMO1 is not a recognized function.
<SPAN
class=375185522-18012003>
Any suggestions
please?
<SPAN
class=375185522-18012003>
Here is the original
formulation at Guppy's site:
<SPAN
class=375185522-18012003>
The
following are Metastock formulas for Tuschar Chande's Momentum Oscillator. For
interpretation refer to the book The New Technical Trader, by Tuschar
Chande and Stanley Kroll.
<FONT face="Times New Roman"
size=3>CMO_1
<FONT face="Times New Roman"
size=3>Sum( If( C ,> ,Ref( C, -1 ) , ( C - Ref( C ,-1 ) ) ,0 ) ,14
)
<FONT face="Times New Roman"
size=3>CMO_2
<FONT face="Times New Roman"
size=3>Sum( If( C ,< ,Ref( C ,-1 ) , ( Ref( C ,-1 ) - C ) ) ,0 ) ,14
)
<FONT face="Times New Roman"
size=3>CMO_Final
<FONT face="Times New Roman"
size=3>100 * ( ( Fml( "CMO_1" ) - Fml( "CMO_2" ) ) / ( Fml( "CMO_1" ) + Fml(
"CMO_2" ) ) )
You
could also combine the above three formulas into one formula. The syntax would
be:
<FONT face="Times New Roman"
size=3>100*((Sum(If(C,>,Ref(C,-1),(C-Ref(C,-1)),0),14))-(Sum(If(C,<,REF(C,-1),(REF(C,-1)-C),0),14)))
/((Sum(If(C,>,Ref(C,-1),(C-Ref(C,-1)),0),14)+(Sum(If(C,<,REF(C,-1),(REF(C,-1)-C),0),14))))
<DIV
>
<P class=text
><FONT
face="Times New Roman" size=3>*** These formulas were constructed using 14 time
periods, you can change this by replacing every occurrence of 14 with your
desired time period value
I change the terms a
bit and came up with this:
cperiods:= input(“enter periods”,
5,50,14)
<SPAN
>CMO1:= Sum( If( C ,> ,Ref( C, -1 )
, ( C - Ref( C ,-1 ) ) ,0 ) ,cperiods );
<SPAN
>CMO2:= Sum( If( C ,< ,Ref( C ,-1 )
, ( Ref( C ,-1 ) - C ) ) ,0 ) ,cperiods );
CMO:= 100 *( ( CMO1 - CMO2 ) / ( CMO1
+ CMO2 ) );
CMO
Lionel
Issen
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