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This is the formula for Stochastics w TDC
Per1:=Input("length of stoch",1,100,14);
Per2:=Input("length of ma",1,100,3);
Per3:=Input("length of ma2",1,100,3);
factor:=Input("TFactor", 0, 1000, 1);
offset:=Input("Offset", 0, 1000, 0);
HD:=ExtFml("PowerPivots.TDataCreate",1, factor);
LD:=ExtFml("PowerPivots.TDataCreate",2, factor);
CD:=ExtFml("PowerPivots.TDataCreate",3, factor);
A:=Mov((((CD-LLV(LD,Per1))/(HHV(HD,Per1)-LLV(LD,Per1)))*100),Per2,S);
A1:= Mov((Mov((((CD-LLV(LD,Per1))/(HHV(HD,Per1)-LLV(LD,Per1)))
*100),Per2,S)),Per3,S);
A:=ExtFml("PowerPivots.TDataLocalize",A, factor, offset);
A1:=ExtFml("PowerPivots.TDataLocalize",A1, factor, offset);
A;A1;
With this formula you can plot the stochastics from a higher time
frame onto a lower time frame
IE: you are trading 60 min chart, you can plot the Stochastics from
a Daily chart onto the 60 min chart
the benefit from this type of analysis is that the stochastics from
the 60 min chart says to sell, but the stochastics from the daily
chart says that it is still rising, so instead of selling short you
just exit your long position and wait for a retracement
with these external functions you can now create multi Time frame
systems and experts which help in preventing whipsaw trades
I will agree that the explanation of these and other external
functions was very weak and has really damaged the cause of this Add-
on, but if you experiment with them, You will see the enormous value
that they provide
Henry
--- In equismetastock@xxxxxxxxxxxxxxx, "rvalue1" <rvalue1@xxx> wrote:
>
> Henry -
> Your comment "Power Pivots + is the one Plug in Add-on that I
would
> purchase." - You have got to be kidding!! Either you are linked to
> PP+, or a master programmer to figure out how to find use for this
> add-on. Certainly is in the bottom 1/3 of add-ons that Equis put
> out.. and then not to warn us about the software plotting in
points
> after the fact. That was criminal.. buy Jose' add-ons instead if
you
> want to go contrarian or the full Perf Systems Plus and make
tweaks
> to them - code is at least visible, or ETS and keep yourself out
of
> trouble.
>
> --- In equismetastock@xxxxxxxxxxxxxxx, "Henry Z Kaczmarczyk"
> <henry1224@> wrote:
> >
> > Doug, and others who are considering purchasing PP+
> >
> > PP+ is the one Plug in Add-on that I would purchase.
> >
> > The Problem with the add-on is in the lack of explanation with
the
> > use of the external functions that come with the product.
> >
> > The experts that are packaged with it, are lame and password
> > protected. So it is very difficult to follow a system
> >
> > The way the expert is plotted with highlights and symbols make
the
> > chart look great! Every peak and trough is marked, trends are
> > colored and even a commentary.
> >
> > The problem is that the Pivots as a symbol do show up late.
> >
> > Their use as historical support and resistance are valid.
> >
> > The real power in this add-on is in the external functions.
> > they allow for Multi time frame analysis, they can create a
latch
> > for system creation, create data arrays and load data arrays,
> trend
> > direction, Fibonnaci retracements,Fib ladder,Pivot Price, bars
> since
> > Nth Pivot.
> >
> > I wish that the user manual would better explain the functions
and
> > that equis would not be so secretive with their add-ons.
> >
> > Equis and Market Angel really screwed up in the marketing of
this
> > product.
> >
> > If Ford marketed the Mustang as it did the Edsal, you would
never
> > have heard of Ford Again!
> >
> > Again, I encourage owners to try this add-on again, but this
time
> > try to create indicators and experts with the external functions
> as
> > opposed to just plotting a lame expert
> >
> > Henry1224
> >
> > --- In equismetastock@xxxxxxxxxxxxxxx, "stutzman007"
> > <d.stutzman2005@> wrote:
> > >
> > > --- In equismetastock@xxxxxxxxxxxxxxx, "rvalue1" <rvalue1@>
> wrote:
> > > >
> > > > Power P Plus plants signals on the charts after the fact,
like
> > > > Elliott waves.. charts look perfect after the fact.. don't
> buy
> > > it,
> > > > other than if you want to know pivot points more from a
> somewhat
> > > > historical basis.
> > > > ETS is not bad. How about Profit Trader? EOD or intraday?
> > > > With 4000+ members on this site, can't we answer this
question
> > > > honestly and say which add-on is their favorite and maybe
the
> > one
> > > > they dislike the most? Do you really think you are going to
> give
> > > > away the goods with your answer?
> > > > --- In equismetastock@xxxxxxxxxxxxxxx, Techanalist
> > <techanalist@>
> > > > wrote:
> > > > >
> > > > > Hi Lion
> > > > >
> > > > > There is any Metastock plugin that is good?
> > > > >
> > > > > Jose
> > > > >
> > > > >
> > > > > At 18:48 08/08/2006, you wrote:
> > > > >
> > > > >
> > > > >
> > > > > >--- In
> > > > > ><mailto:equismetastock%
> > > > 40yahoogroups.com>equismetastock@xxxxxxxxxxxxxxx,
> > > > > >victor12689 <no_reply@> wrote:
> > > > > > >
> > > > > > > Hi
> > > > > > >
> > > > > > > Can anyone give a review or feedback regarding the
Power
> > > Pivot
> > > > add-on
> > > > > > > available from www.equis.com?
> > > > > > >
> > > > > > >
> > > > > > >
> > > > > > > Lion
> > > > > > >
> > > > > >Don't waste your money on Power-Pivots.
> > > > > >
> > > > > >Doug
> > > > >
> > > Walter Bressert's ProfitTrader is a satisfactory product.
> Bressert
> > > is a classic cycle trader; and he has even studied cyclic
> patterns
> > > in nature. I've attended a week of trading with him
personally.
> > His
> > > indicators are best used by looking at multiple time periods,
> > i.e.,
> > > 3-,5-,15-,30-,60-minute intervals or even longer when day-
> trading
> > > and finding simultaenously cyclic turns in the multiple time
> > periods
> > > to establish long or short positions. The same principals
apply
> > when
> > > using his EOD indicators. It takes some practice to look at
such
> > > overlapping cycles in the midst of a rapidly changing market,
> but
> > if
> > > one has the patience to do so the signals are fairly
reliable.
> > > > >
> > > > >
> > > > > ______________________________________________
> > > > > LLama Gratis a cualquier PC del Mundo.
> > > > > Llamadas a fijos y móviles desde 1 céntimo por minuto.
> > > > > http://es.voice.yahoo.com
> > > > >
> > > >
> > >
> >
>
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