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thanks to Lionel & Preston for the advise on the oscillator.
No, Metastock ver 10.0 did not build an explorer for the oscillator.
thanks.
----- Original Message ----
From: pumrysh <no_reply@xxxxxxxxxxxxxxx>
To: equismetastock@xxxxxxxxxxxxxxx
Sent: Tuesday, March 27, 2007 9:56:43 PM
Subject: Re: [EquisMetaStock Group] Ultimate Oscillator Exploration
Darren,
I don't have version 10 so I really can't comment. I do realize
though that sometimes this happens and is usually due to the methods
used to write the code. If its very close I wouldn't worry alot
about which to use. Use the one you like.
Curious, do they offer an explorer for it?
Preston
--- In equismetastock@ yahoogroups. com, Darren Liew <darrenliew@ ...>
wrote:
>
> Hi Preston,
>
> the Ultimate indicator is available in Metastock ver 10.
> however there is a slight different in the value of the oscillator
from the one which was copied from the trader.online link.
>
> both using parameters: 7, 14, 28
>
> which one is correct?
> apprecriate your advise. thanks.
>
>
>
> Rgds,
> Darren Liew
>
> ----- Original Message ----
> From: pumrysh <no_reply@xxxxxxxxxx s.com>
> To: equismetastock@ yahoogroups. com
> Sent: Tuesday, March 27, 2007 2:03:29 AM
> Subject: Re: [EquisMetaStock Group] Ultimate Oscillator Exploration
>
> Frank,
>
> Sorry, nothing published thus far so you can be the first.
>
> Look in the explorer for RSI divergence or study Jose's MACD
> divergence. You will want to replace the MACD or RSI with the
> Ultimate Oscillator using these parameters.
>
> Williams had specific criteria for a buy or sell signal. A buy
> signal occurs when,
>
> Bullish divergence between price and the oscillator is observed,
> meaning prices make new lows but the oscillator doesn't
> During the divergence the oscillator has fallen below 30.
> The oscillator then rises above its high during the divergence,
ie.
> the high in between the two lows. The buy trigger is the rise
> through that high.
> The position is closed when the oscillator rises above 70
> (considered overbought), or a rise above 50 but then a fallback
> through 45.
>
> A sell signal is generated conversely on a bearish divergence
above
> level 70, to be subsequently closed out below 30 (as oversold).
>
> Preston
>
> --- In equismetastock@ yahoogroups. com, "stonesouls207"
> <stonesouls207@ ...> wrote:
> >
> > Thanks Pumrysh, That is for the indicator. I am looking for the
> > Exploration.
> >
> > --- In equismetastock@ yahoogroups. com, pumrysh <no_reply@>
wrote:
> > >
> > > http://trader. online.pl/ MSZ/e-w-Ultimate _Oscillator. html
> > >
> > >
> > > --- In equismetastock@ yahoogroups. com, "stonesouls207"
> > > <stonesouls207@ > wrote:
> > > >
> > > > David, Thanks for the reply. If you can provide me with the
> code
> > > for
> > > > the exploration, that would be great. Regards, Frank
> > > >
> > > > --- In equismetastock@ yahoogroups. com, "adest@" <adest@>
wrote:
> > > > >
> > > > > Frank,
> > > > >
> > > > > When we did the Inner Circle Seminars for Larry Williams
in
> > > > Australia we had an
> > > > > Ultimate Oscillator Scan coded up in MetaStock for
students
> > only.
> > > > >
> > > > > I will ask his & the students permission to release it.
> > > > >
> > > > > If you would like the Scan email me and I will ask them
> > > permission.
> > > > >
> > > > > Regards
> > > > > David Hunt
> > > > > http://www.adest. com.au
> > > > >
> > > > > PS. As you all may have seen The Full Bench of the High
> Court
> > > > found the Australian
> > > > > government illegally arrested Larry so he may be able to
> move
> > > > around a bit more
> > > > > freely now.
> > > > >
> > > > > We had a lovely celebratory dinner with Larry and his old
> > > trading
> > > > buddy Jake
> > > > > Bernstein and ADEST students on Friday night in the
Eastern
> > > > Suburbs. Larry thanks
> > > > > all the people who emailed him with letters of support.
> > > > >
> > > > > If you want a sticky beak I have loaded the pictures of
the
> > > event
> > > > on our site
> > > > > http://adest. com.au
> > > > >
> > > > >
> > > > >
> > > > > On Sun Mar 25 4:17 , 'stonesouls207' <stonesouls207@ >
sent:
> > > > >
> > > > > >
> > > > > >
> > > > > >
> > > > > >
> > > > > >
> > > > > >
> > > > > >
> > > > > >
> > > > > >
> > > > > >
> > > > > >
> > > > > >
> > > > > >
> > > > > >
> > > > > >
> > > > > >
> > > > > >
> > > > > >
> > > > > >
> > > > > >Hi all, does anybody know if there is a Exploration
> programmed
> > > for
> > > > Larry
> > > > > >
> > > > > >William's Ultimate Oscillator? If so can you point me to
> it.
> > If
> > > > there is
> > > > > >
> > > > > >not one written, would somebody be willing to help me
write
> > > one?
> > > > Below
> > > > > >
> > > > > >are several links that show the ways that it can be used
> and
> > > > traded.
> > > > > >
> > > > > >
> > > > > >
> > > > > >Thanks, Frank
> > > > > >
> > > > > >
> > > > > >
> > > > > >http://en.wikipedia .org/wiki/ Ultimate_ Oscillator
> > > > > >
> > > > > ><http://en.wikipedia .org/wiki/ Ultimate_ Oscillator>
> > > > > >
> > > > > >
> > > > > >
> > > > > >http://stockcharts. com/school/ doku.php?
> > > > id=chart_school: technical_ indicat\
> > > > > >
> > > > > >ors:ultimate_ oscillator
> > > > > >
> > > > > ><http://stockcharts. com/school/ doku.php?
> > > > id=chart_school: technical_ indica\
> > > > > >
> > > > > >tors:ultimate_ oscillator>
> > > > > >
> > > > > >
> > > > > >
> > > > > >http://www.chartfil ter.com/reports/ c52.htm
> > > > > >
> > > > > ><http://www.chartfil ter.com/reports/ c52.htm>
> > > > > >
> > > > > >
> > > > > >
> > > > > >http://www.marketsc reen.com/ help/AtoZ/ default.asp?
> > > hideHF=&Num= 109
> > > > > >
> > > > > ><http://www.marketsc reen.com/ help/AtoZ/ default.asp?
> > > hideHF=&Num= 109>
> > > > > >
> > > > > >
> > > > > >
> > > > > >[Non-text portions of this message have been removed]
> > > > > >
> > > > > >
> > > > > >
> > > > > >
> > > > > >
> > > > > >
> > > > > >
> > > > > >
> > > > > >
> > > > > >
> > > > > >
> > > > > >
> > > > > >
> > > > > >
> > > > > >
> > > > > >
> > > > > >
> > > > >
> > > >
> > >
> >
>
>
>
>
>
>
>
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