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Hi allI am new to Metastock and this forum as well but the tech guys
at Metastock referred me there to find the answer to this question. I
have the syntax for the Demarker 1 but it doesn't match up with
Metastock. Can anyone give me the Metastock for the Demarker 1 or
maybe convert this formula for me?
TIA
Formula;
Calculation:
The value of the DeMarker for the "i" interval is calculated as follows:
*
The DeMax(i) is calculated:
If high(i) > high(i-1) , then DeMax(i) = high(i)-high(i-1),
otherwise DeMax(i) = 0
*
The DeMin(i) is calculated:
If low(i) < low(i-1), then DeMin(i) = low(i-1)-low(i), otherwise
DeMin(i) = 0
*
The value of the DeMarker is calculated as:
DMark(i) = SMA(DeMax, N)/(SMA(DeMax, N)+SMA(DeMin, N))
Where:
SMA — Simple Moving Average;
N — the number of periods used in the calculation.
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