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[EquisMetaStock Group] Re: Tom Demark's 1



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Gordon,

> I have just 2 more questions. The first is about the Demark Range
> expsansion Index that I got from Guppytraders. 
> When I installed it on Metastock, it shows up like a tight series of 
> snakes whether the stock is trending or not. Any suggestions?

Yes - take it out of MetaStock, and gently place in the recycling bin. 
 Flush immediately, and wash hands fastidiously.


> The second question is about your Pivot Points plus Volume.

I don't remember this indicator - post it here and I'll take a look at 
it.

As for the exploration, make sure your exploration options are set to 
at least "Load 1000 Records", and not "Load Minimum Records".

MetaStock -> Tools -> The Explorer -> Options -> tick "Load 1000 
Records" -> Ok.


jose '-)
http://www.metastocktools.com



--- In equismetastock@xxxxxxxxxxxxxxx, Gordon Suthern <hern@xxxx> 
wrote:
> 
> Jose, thanks for the help. I have just 2 more questions. The first
> is about the Demark Range expsansion Index that I got from
> Guppytraders. 
> When I installed it on Metastock, it shows up like a tight series of 
> snakes whether the stock is trending or not. Any suggestions?
> The second question is about your Pivot Points plus Volume. When I
> tried to enter it in Tools/Indicator Builder/New, it wouldn't work
> so then I tried it in New Explorations and I got the same return for
> all the stocks I ran it against-3.09%. So, I think I am doing
> something wrong there as well. 
> Is your Pivot Points+ similar to Metastock's Power Pivots?
> 
> OK, I guess that is 3 questions.
> 
> Thanks again,
> Gordo
> 
> Jose Silva wrote:
> 
>
> Try this:
>
> ---8<---------------------
>
> i:=Input("Lookback periods",1,260,3);
> pds:=Input("SMA periods",1,2600,21);
>
> Hi:=HHV(H,i);
> Lo:=LLV(L,i);
>
> DeMax:=If(Hi>Ref(Hi,-1),Hi-Ref(Hi,-1),0);
> DeMin:=If(Lo<Ref(Lo,-1),Ref(Lo,-1)-Lo,0);
> den:=Mov(DeMax,pds,S)+Mov(DeMin,pds,S);
> den:=If(den=0,.000001,den);
> DMark:=Mov(DeMax,pds,S)/den*100;
> avg:=Cum(DMark)/Cum(IsDefined(DMark));
>
> avg;DMark
>
> ---8<---------------------
>
>
> jose '-)
> http://www.metastocktools.com
>
>
>
> --- In equismetastock@xxxxxxxxxxxxxxx, "kalkul17" <hern@xxxx> wrote:
>
>
> 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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