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Thanks Roy for the quick reply,
May I ask 2 further questions?
How could I change the colour / style of the lines, so I know which
one is which?
Finally, what is the easiest way to add a horizontal line at 0 (in
the graph) so that I can see the differences easier?
Thanks,
Chorlton
--- In equismetastock@xxxxxxxxxxxxxxx, "Roy Larsen" <rlarsen@xxxx>
wrote:
>
> Hi Chorlton
>
>
> I think this is what you are asking for.
>
> {Custom Oscillator}
> MADifference:=Mov(C,3,E) - Mov(C,9,E);
> MASignal:=Mov(MADifference,16,E);
> MADifference; MASignal;
>
>
> Regards
>
> Roy
> www.metastocktips.co.nz
>
>
> ----- Original Message -----
> From: chorlton_c_hardy
> To: equismetastock@xxxxxxxxxxxxxxx
> Sent: Friday, October 14, 2005 7:47 AM
> Subject: [EquisMetaStock Group] Help with creating 2 Momentum
Indicators
>
>
> Hi All,
>
> Can anyone help me !!!
>
> I want to create a new oscillator in Metastock, which will contain
2
> lines as momentum indicators and would welcome any help regarding
> creating these.
>
> The basic idea is that I want to plot a line, which is the result
of
> one Moving Average deducted from another Moving Average and plot
the
> net result (either a positive or negative number) as a line on the
> chart.
>
> The formula for the 1st line on the Oscillator should be:
>
> 3 day MA of closing price minus 9 day MA of closing price
>
> (if this is working properly then hopefully the line should rise
> above the horizontal 0, if the price over the last few days has
been
> moving up faster than the price for the last couple of weeks &
> obviously below it if it hasn't)
>
>
> The 2nd line on the Oscillator should be:
>
> 16 day MA of the 1st Oscillator line (which has just been plotted)
>
>
> Can anyone help me in putting this all together :-/ as my current
> knowledge of Metastock is limited.
>
>
> Many Thanks in advance,
>
> Chorlton
>
>
>
>
>
>
>
>
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