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Bill, you'll need to download and install the True Strength Index
indicator, full code available here:
http://www.metastocktools.com/MetaStock/TSI.txt
Make sure that you keep the TSI indicator's name as "True Strength
Index", otherwise the formula references in your exploration won't
work.
For further help on this, see your MetaStock user's manual and/or the
formula primer, available from
http://www.equis.com/customer/resources/formulas/primer.aspx
jose '-)
http://www.metastocktools.com
--- In equismetastock@xxxxxxxxxxxxxxx, bill rook
<zipple_acre_udder@xxx> wrote:
>
> Jose
>
> I ve changed the load options which is helpful in as much as
> that I don t have keep changing lookback dates, but the problem
> persists I think something to do with the "OBOUGHT" . Do I have to
> create an indicator for this?
>
> Regards
>
> Bill
>
>
>
> Jose Silva <josesilva22@xxx> wrote:
> Bill, by default MetaStock loads minimum records for its
> explorations. This causes untold problems for the unwary.
>
> To fix this problem, do this:
>
> MetaStock -> Tools -> The Explorer -> Options -> Load 2520 Records
> (10 years' EOD data).
>
> Do this as well for good measure:
>
> MetaStock -> File -> Open -> Options -> Load Options -> Load 2520
> periods, display 189 periods (9 months).
>
> By matching the chart loaded periods to the exploration loaded
> periods, both chart indicators and explorations will produce
> identical results.
>
> jose '-)
> http://www.metastocktools.com
>
>
>
> --- In equismetastock@xxxxxxxxxxxxxxx, bill rook
> <zipple_acre_udder@> wrote:
>
> Jose
>
> Hi I m getting N/A in column A (had a hard day can t figure out
> where I m going wrong) Any thoughts?
>
> Regards
>
> Bill
>
>
>
> Jose Silva <josesilva22@> wrote:
> Bill, try this MS exploration:
>
> ColA: signals1
> ==============
> ---8<-----------------------------------
> { TSI entering overBought/Sold zones }
>
> TSI:=Fml("True Strength Index");
> oBought:=FmlVar("True Strength Index","OBOUGHT") ;
> oSold:=FmlVar("True Strength Index","OSOLD") ;
>
> buy:=Cross(oSold,TSI);
> sell:=Cross(TSI,oBought);
>
> buy-sell
>
> ---8<-----------------------------------
>
> ColB: signals2
> ==============
> ---8<-----------------------------------
> { TSI leaving overBought/Sold zones }
>
> TSI:=Fml("True Strength Index");
> oBought:=FmlVar("True Strength Index","OBOUGHT") ;
> oSold:=FmlVar("True Strength Index","OSOLD") ;
>
> buy:=Cross(TSI,oSold);
> sell:=Cross(oBought,TSI);
>
> buy-sell
>
> ---8<-----------------------------------
>
> Filter
> ======
> ColA<>0 OR ColB<>0
>
> The True Strength Index indicator, fully adjustable & with
> automatic over-bought/sold levels, available here:
> http://www.metastocktools.com/MetaStock/TSI.txt
>
> jose '-)
> http://www.metastocktools.com
>
>
>
> --- In equismetastock@xxxxxxxxxxxxxxx, bill rook
> <zipple_acre_udder@> wrote:
>
> Jose
>
> I ve been looking at your TSI indicator and wonder if you can
> tell me of the necessary adjustments I would need to make in oder
> to run an exploration of overbought/oversold shares crossing their
> respective adjustable higher/lower levels.
>
>
> Bill
>
>
>
> Jose Silva <josesilva22@> wrote:
>
> Jony, you've left the Ref() function out of your formula:
>
> ---8<---------------------------
> Ref(PDI(14),-1) > Ref(MDI(14),-1)
> AND
> Ref(ADX(14),-1) > Ref(ADX(14),-2)
> ---8<---------------------------
>
> Likely alternative:
> ---8<---------------------------
> PDI(14) > MDI(14)
> AND
> ADX(14) > Ref(ADX(14),-1)
> ---8<---------------------------
>
> jose '-)
> http://www.metastocktools.com
>
>
>
> --- In equismetastock@xxxxxxxxxxxxxxx, jony gila
> <hypersteroid2000@> wrote:
>
> does any one know what is not right with this formula
>
>
> (PDI(14),-1) > (MDI(14),-1) AND
> (ADX(14),-1) > (Ref(ADX(14),-1))
>
> thanks
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