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DOR formula is:
0;
12.5;
25;
37.5;
50;
62.5;
75;
87.5;
100
cb
Lionel Issen wrote:
<blockquote type="cite"
cite="">
Message
The indicator
is incorrect. What you need to do is find the highest high and the lowest
low over some period, perhaps several months. Next subtract the highest
high from the lowest low. Next divide this number by the different factors
that will give the desired spacing, Next add these numbers to the lowest
low After you've done all this you can plot the horizontal lines.
I think
that it would be easier to use fib spacing.
what
is the DOR formula?
Lionel
<font
face="Tahoma" size="2">-----Original Message-----
From: Dusant <cooldush@xxxxxxxxxxx> [mailto:cooldush@xxxxxxxxxxx]
Sent: Tuesday, February 18, 2003 7:27 AM
To: Metastockusers@xxxxxxxxxxxxxxx
Subject: [Metastockusers] Re: DOR Formula
It would seem by this post, that this indicator will draw parallel
lines at 0, 38.2, 50, 61.8 and 100. What about stocks above 100?
What I would have thought prudent should be :
lval:= LLV(L, 200);
lval;
lval*1.382;
lval*1.5;
lval*1.618;
lval*2;
Does it make more sense?
Dusant
--- In Metastockusers@xxxxxxxxxxxxxxx, Kevin <kevin_barry@xxxx> wrote:
> Hello Claud,
>
> Yes, the indicator is created exactly like this (for fib levels):
>
> 0;
> 38.2;
> 50;
> 61.8;
> 100
>
> It's great.
>
> Regards,
> Kevin
>
> At 16:04 17/02/03 +0000, you wrote:
> >
> >Did anyone ever get the MS formula to set up Terry's
> >indicator for the DOR levels?
> >I would appreciate seeing it.
> >Thank you.
> >
> >
> >To unsubscribe from this group, send an email to:
> >Metastockusers-unsubscribe@xxxxxxxxxxx
> >
> >
> >
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