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UncleRanga, post the three formulae you already have, and if I can do
it before I leave for my 3-month break in 12hrs, I'll post the
combined formula here.
jose '-)
http://www.metastocktools.com
--- In Metastockusers@xxxxxxxxxxxxxxx, "uncleranga" <uncleranga@xxxx>
wrote:
> Hello Jose,
>
> Thanks for the reply, and the code. The Roar indicator now lives in
> my 'valid trend detection' arsenal.
>
> What I was really looking for is Alan's Range indicator. It plots as
> a BB-type MA envelope but, as you'd expect from the name, the bottom
> band looks more like an ATR-type trailer, and perhaps the top band
> is as well.
>
> I wanted to have a play with Alan's bands to see whether they
> offered anything over an ATR envelope. Trawling has gotten me the
> code for the three bands, called Top, Middle and Bottom; and it's a
> cinch to CnP them.
>
> My original question spoke more to a desire to improve my
> understanding of MSFL. What I wanted to be able to do is write a
> custom indicator which plots all three at once, a la the BB
> indicator.
>
> At this stage, I'm thinking that I need still to create all three
> separately and then fml them into a combined one. Am I on the right
> track here?
>
> Kind regards and thanks again.
>
>
> --- In Metastockusers@xxxxxxxxxxxxxxx, "Jose Silva"
> <josesilva22@xxxx> wrote:
>
> DJ (from meta-formula.com), if you are reading this, please kindly
> credit the author of your site's Alan Hull's Rate of Return
> MetaStock indicator code, originally sourced from
> http://www.metastocktools.com/MetaStock/RoR.txt
>
> UncleRanga, the final RoRPlot3 incorporates all three plots. It's
> been years since I've looked at this code, but now all those
> nested LinRegs look a tad redundant to me. :)
>
>
> jose '-)
> http://www.metastocktools.com
>
>
>
> --- In Metastockusers@xxxxxxxxxxxxxxx, "uncleranga"
> <uncleranga@xxxx> wrote:
>
> Hi everyone.
>
> I've been looking at Alan Hull's Roar and Range indicators, and
> would like to incorporate both codes.
>
> At first, a simple enough CnP of Roar from an Ozzy site which
> didn't seem to credit your work Jose. (I found your efforts on Roar
> closely thereafter - thanks!)
>
> The sources I found plotted the Range indicator as a series of
> three lines; each with their own name etc. All very nice, but I was
> hoping I could find some help to plot all three as a combined
> indicator like, say, the Bollinger Bands.
>
> (it may very well be that this is already out there; but I
> couldn't find it for looking.)
>
> Many thanks to one and all, as always.
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