[Metastockusers] Dynamic Momentum Index --- Custom Formula

["Nicholas Kormanik" <nkormanik@xxxxxxxxx>]

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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