|
PureBytes Links
Trading Reference Links
|
AW,
Sometimes a name doesn't reflect the exact meaning for an indicator
and then there is the battle of which came first the chicken or egg.
The code you have was indeed tossed around as an early version of
Elder's Siroc. The problem with it was that it was bipolar(+/-) and
not indexed(0-100). It was also the rate of change of a moving
average and not a smoothed rate of change.
This presents a beautiful opportunity for exploring and writing
indicators. Jose in his code has given a lot of bells and whistles
that may not be necessary but because of the way he has written his
code makes it easy to understand what is being done with the code at
any given time. I personally get a kick out of reading his code just
for its beauty and eloquence. Think of it as a DaVinci or VanGogh.
I know that sounds somewhat like an art critque but if your going to
write code this is the way to do it. For your own personal use you
may find that the bells and whistles aren't necessary but if you
pass the code on to someone else at least be sure to mention that it
was inspired by Jose's original code.
Preston
--- In equismetastock@xxxxxxxxxxxxxxx, awcalhouncrew <no_reply@xxx>
wrote:
>
> jose,
>
> The original code for the SIROC which stands for smoothed indexed
> rate of change is ROC(Mov(C,13,E),21,%). Yours sure is different.
>
> AW
>
>
>
> --- In equismetastock@xxxxxxxxxxxxxxx, "Jose Silva"
> <josesilva22@> wrote:
> >
> > Recently I've updated code for my version of the venerable SIROC
> indicator.
> > Has anyone found any good use for this oscillator? It seems to
> have some
> > advantages over the MACD.
> >
> > SIROC MetaStock code found at TC forum here:
> > http://tradersconsortium.com/community/index.php?showtopic=517
> >
> >
> > jose '-)
> > http://www.metastocktools.com
> >
>
------------------------ Yahoo! Groups Sponsor --------------------~-->
Transfer from your equities account.
Receive up to $1,000 from GFT. Click here to learn more.
http://us.click.yahoo.com/aZttyC/X_xQAA/cosFAA/BefplB/TM
--------------------------------------------------------------------~->
Yahoo! Groups Links
<*> To visit your group on the web, go to:
http://groups.yahoo.com/group/equismetastock/
<*> Your email settings:
Individual Email | Traditional
<*> To change settings online go to:
http://groups.yahoo.com/group/equismetastock/join
(Yahoo! ID required)
<*> To change settings via email:
mailto:equismetastock-digest@xxxxxxxxxxxxxxx
mailto:equismetastock-fullfeatured@xxxxxxxxxxxxxxx
<*> To unsubscribe from this group, send an email to:
equismetastock-unsubscribe@xxxxxxxxxxxxxxx
<*> Your use of Yahoo! Groups is subject to:
http://docs.yahoo.com/info/terms/
|