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The Metastock formula is:
ROC((4*Stdev(C,20))/Mov(C,20,S),8,%)
You will need to add the horizontal lines at +35 and -30.
The Directional Extreme indicator (which displays the red and blue diamonds) is more difficult to create and was developed in eSignal code.
(From BS)
Andrew Tomlinson <andrew_tomlinson@xxxxxxxxxxx> wrote:
It's described in the article just as an 8-period ROC of the bandwidth. Or
is there something in the e-signal code to suggest its more complicated than
that?
Andrew
-----Original Message-----
From: equismetastock@xxxxxxxxxxxxxxx [mailto:equismetastock@xxxxxxxxxxxxxxx]
On Behalf Of zipple_acre_udder
Sent: Saturday, March 18, 2006 4:10 AM
To: equismetastock@xxxxxxxxxxxxxxx
Subject: [EquisMetaStock Group] re Barbara Star s TASC article on Bandwidth
and Volatility Bands
Hi Do you have the Metastock formula for directional extreme bandwidth?
Bill
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