Re: [EquisMetaStock Group] atan indicator

[Dusant <cooldush@xxxxxxxxx>]

Krishna,

 

There is something positively wrong with your observations. atan (tangent) gives an angle. Which would be between 0 and 360 degrees.

 

So how do you get negative numbers?

 

Dusant
http://www.geocities.com/cooldush

----- Original Message -----

From: murali krishna venkata puppala

To: equismetastock@xxxxxxxxxxxxxxxx

Sent: Sunday, July 10, 2005 12:30 AM

Subject: [EquisMetaStock Group] atan indicator

i am observing an indicator from days

 

the formula for which is as follows

 

atan(ref(low,-67),high)-1

you can give the average of 34 for the anove indicator

 

67 can be replaced by any other indicator dividing number of trading hours

by five on five min chart

 

overbought and over sold conditions can be set

 

levels to observe are .5 .648 .382 0 -05 -.648 .-382 +1 -1

 

if one level is crossed you can observed other levels are crossed

you can wath this with 34 moving average of price

 

feedback appreciated

 

krishnapvm

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