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Seems to be publicly available here:
http://www.traders.com/Documentation/FEEDbk_docs/TradersTips/TradersTips
..html
Lee Leibfarth's article, "Trading With An Adaptive Price Zone,"
introduces a new indicator and suggests a trading system for it. The
formula for the indicator and the instructions on adding it to MetaStock
follow.
To enter these indicators into MetaStock:
1. In the Tools menu, select Indicator Builder.
2. Click New to open the Indicator Editor for a new indicator.
3. Type the name of the formula
4. Click in the larger window and type in the formula.
5. Click Ok to close the Indicator Editor.
Name: Instantaneous Trendline
Formula:
x:=Input("time periods", 2, 200, 20);
y:=Input("band percentage",0.1, 50, 1.4);
dsema:=Mov(Mov(C,x,E),x,E);
shift:=Mov(Mov(H-L,x,E),x,E);
dsema+(y*shift);
dsema-(y*shift);
This indicator will prompt for the time periods and the percentage shift
of the bands. The
suggested trading system and instructions for creating it in MetaStock
are:
1. Select Tools > the Enhanced System Tester
2. Click "New"
3. Enter the name, "Adaptive Price Zone Strategy"
4. Select the Buy Order tab and enter the following formula:
x:=20;
y:= 1.4;
dsema:=Mov(Mov(C,x,E),x,E);
shift:=Mov(Mov(H-L,x,E),x,E);
top:=dsema+(y*shift);
bot:=dsema-(y*shift);
ADX(14) < 30 AND L<bot
Select the "Sell" order tab and enter the following formula:
x:=20;
y:= 1.4;
dsema:=Mov(Mov(C,x,E),x,E);
shift:=Mov(Mov(H-L,x,E),x,E);
top:=dsema+(y*shift);
bot:=dsema-(y*shift);
ADX(14) >= 30 OR H>top
Select the "Sell short" order tab and enter the following formula:
x:=20;
y:= 1.4;
dsema:=Mov(Mov(C,x,E),x,E);
shift:=Mov(Mov(H-L,x,E),x,E);
top:=dsema+(y*shift);
bot:=dsema-(y*shift);
ADX(14) < 30 AND H>top
Select the "Buy to cover" order tab and enter this formula:
x:=20;
y:= 1.4;
dsema:=Mov(Mov(C,x,E),x,E);
shift:=Mov(Mov(H-L,x,E),x,E);
top:=dsema+(y*shift);
bot:=dsema-(y*shift);
ADX(14) >= 30 OR L<bot
Click OK to close the system editor.
Mark Hartshorne
DCS Manager
C/o Gulf Air Information Technology Dept.
PO Box 138
Kingdom of Bahrain
'+973 17338245
7 +973 17332782
http://www.gulfairco.com/
_____
From: equismetastock@xxxxxxxxxxxxxxx
[mailto:equismetastock@xxxxxxxxxxxxxxx] On Behalf Of bellamy_29m
Sent: Thursday, August 24, 2006 5:39 AM
To: equismetastock@xxxxxxxxxxxxxxx
Subject: [EquisMetaStock Group] Re: Adaptive Price Zone in S&C magazine
--- In equismetastock@xxxxxxxxxxxxxxx
<mailto:equismetastock%40yahoogroups.com> , "fp80stocks"
<fp80stocks@xxx>
wrote:
>
> Hi.. new here.. has anyone tried to enter the formula into MetaStock
> from the article in S&C (September issue) for the Adaptive Price Zone
> indicator?
>
> I tried it but I'm not having much luck making it work..
>
> Thank you
>
Being conscious of any copyrights, post the code you are working with
and maybe someone can help you out...
Remember: Not everyone subscribes to the same material.
Official Airline and Sponsor of the Gulf Air Bahrain Grand Prix 2007
www.gulfairco.com
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