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I looked for and found a custom formula for DMI. I note, however, that the
chart is a bit different from the native MetaStock DMI. The difference
doesn't appear to be too much of a concern. I'd appreciate input from any
of you as to whether the custom formula jives with what you know.
Dynamic Momentum Index:
((Stdev(C,5)* CMO(C,5 ))+(Stdev(C,10)* CMO(C,10 ))+(Stdev(C,20)*
CMO(C,20)))/(Stdev(C,5)+Stdev(C,10)+Stdev(C,20))
Thanks a bunch,
Nicholas
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