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Dear Jose,
Thank you for that insight.
Changing indicators are a matter of particular nuisance for novices
in MS, who are only learn most of the concepts in MS, and the
formulae. The formulae itself have been written by different people
on MS, for eg. MACD has a few versions.
While I did not understand much about the formula you had written, I
d assume that you think that all those indicators do not change. One
indicator that does change is the momentum indicator.
Do you know if the PS Stoch RSI indicator changes?
And another unrelated question : I cant seem to find anyway by which
the Explorer can change scan for periods of 'Other' days ( for eg.
2,3 or 4). Do you know of any other way it can be done?
Thanks for your indulgence
Parthasarathy
--- In equismetastock@xxxxxxxxxxxxxxx, "Jose Silva"
<josesilva22@xxx> wrote:
>
> Parthasarathy, you are probably not getting any replies because
your
> question is rather broad and possibly somewhat vague.
>
> I would answer that probably none of the indicators in your list
are
> dynamic. I say "probably", because within your broad group of
> indicators, there is scope for create new ones based on hindsight.
>
> For an obvious example:
>
> x:=Zig(C,3,%);
> Mov(If(x>Ref(x,-1),x*1.06,x*.94),21,S)
>
>
> jose '-)
> http://www.metastocktools.com
>
>
>
>
> --- In equismetastock@xxxxxxxxxxxxxxx, "parthaab" <parthaab@>
> wrote:
> >
> > Friends,
> >
> > One of the most disconcerting features of using
indicators/experts
> > on MS is the propensity of some of them to change 'buy' to 'sell'
> > or vice versa, one or even two bars after giving a signal.
> > This means the signal changes from buy to sell, one or two days
> > after the signal.
> >
> > I am sure many of you find this change quite a frustrating
> > challenge too.
> >
> > What indicators among the following change, and which ones do
not?
> >
> > 1. Stochastics
> > 2. Moving Averages/ crossovers
> > 3. RSI
> > 4. Momentum indicators
> > 5. MACD
> > 6. fractal
> >
> > Parthasarathy
>
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