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Hi
I forgotten where i got this (maybe its from previous StockCentral)
ECO - R Krauz
The Robert Krauz article I read described the ECO as "a double
smoothed ratio of the difference between the close(C) and open(O) of
each bar, and the difference between the high(H) and low(L) prices
for each bar" originally created by William Blau.
FWI my interpretation is:
{ECO[Ergodic Candlestick Oscillator]}
(Mov(Mov(C-O,5,E),26,E)/Mov(Mov(H-L,5,E),26,E))*100
J. Seed
Rgds
Mark
--- In equismetastock@xxxxxxxxxxxxxxx, superfragalist
<no_reply@xxxx> wrote:
>
> It's William Blau's Ergodic indicator.
>
> eco:=(Mov(Mov(C-O,11,E),4,E)/Mov(Mov(H-L,11,E),4,E))*100;
> signal:=Mov(eco,5,E);
> eco;
> signal
>
> Here's it is, knock yourself out.
>
> Lionel, don't ask how to read it, use it, etc.
>
>
>
>
> --- In equismetastock@xxxxxxxxxxxxxxx, Darren Liew
<darrenliew@xxxx>
> wrote:
> >
> > Hi Metastock Guru,
> >
> > Have anybody come across an indicator called
> > "Ergodic"?
> >
> > Is it available in Metastock Charting Software?
> >
> >
> >
> > Rgds,
> > Darren Liew
> >
> >
> >
> >
> > __________________________________
> > Do you Yahoo!?
> > Yahoo! Mail - Helps protect you from nasty viruses.
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