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This is Blau. I wrote a Peak and Trough function to analyze if it's
got a positive or negative slope, and then I translated it into an
expert. Nothing great but it works okay. I'm going to fine tune it to
see if it's got decision making possibilites. However, based on what
I've seen so far, there's better stuff for trend change.
HMU:=If((HIGH-Ref(HIGH,-1))>0 ,(HIGH-Ref(HIGH,-1)),0 );
LMU:=If((LOW-Ref(LOW,-1))<0 ,-(LOW-Ref(LOW,-1)),0 );
Result:=HMU-LMU;
rr:= Input("first smoothing r" ,1 ,100 ,25 );
ss:= Input("second smoothing s" ,1 ,100 ,13 );
uu:= Input("third smoothing u" ,1,100,1);
Numerator:= 100*Mov(Mov(Mov(Result,rr,E),ss,E),uu,E);
Denominator:= Mov(Mov(Mov((Abs(Result)),rr,E),ss,E),uu,E);
If(Denominator<>0 ,Numerator/Denominator ,0 );
JO
--- In equismetastock@xxxxxxxxxxxxxxx, Nirmal Kejriwal <nirmalk@xxxx>
wrote:
> Hello,
>
> I am looking for DTI indicator by William Blau, does Meta 8 already
carry
> it? Does anyone have the formula or the code?
>
> TIA
>
> Nirmal
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