[EquisMetaStock Group] Re: price headley's "Momentum Divergence"

["rsb_44" <rsb_44@xxxxxxxxxxx>]

Hi Amita -

While I don't qualify as a member of your desired respondent set (on 
either count), this may come close to what you want. I believe it 
roughly approximates the code he has on p.114. Note that he doesn't 
use MacdMA unless it's hiding in the EasyLangauge code. I've 
commented it out here.:
***********************************************************
30;
90;

LookBk:=Input("Setting",1,50,15);
ShMA:= Input("ShMA",2,250,12);
LoMA:= Input("LoMA",2,250,26);
{SiMA:= Input("SiMa",2,250,9);}
RSBmacd:= Mov(C,ShMA,E)-Mov(C,LoMA,E);
{Signal:= Mov(RSBmacd,SiMA,E);}

Value1:=If(HHV(RsbMacd,LookBk)-LLV(RsbMacd,LookBk)<>0,HHV
(RsbMacd,LookBk)-LLV(RsbMacd,LookBk),50);

Value2:=If(HHV(C,LookBk)-LLV(C,LookBk)<>0,HHV(C,LookBk)-LLV
(C,LookBk),50);

Plot1:=(C-LLV(C,LookBk))/Value2;
100*Plot1;

Plot2:=(RSBmacd-LLV(RSBmacd,LookBk))/Value1;
100*Plot2;
*************************************************
He uses a setting of 40 is his intrmediate term setting. He 
recommends looking at both.

Regards,
Ron


--- In equismetastock@xxxxxxxxxxxxxxx, amit 2007 <amita_investor@xxx> 
wrote:
>
> Hi All,
>    
>   Does anybody have the meta sock formula for price 
headley's "Momentum Divergence" ?
>    
>   I feel this is more powerful than any other divergence indicator, 
since the price and indicator plotting  in the same chart with same 
scale.
>    
>   I expect reply  from senior expert members.
>    
>   Thanks in advance,
>    
>   Amita  
> 
>        
> ---------------------------------
> Never miss a thing.   Make Yahoo your homepage.
> 
> [Non-text portions of this message have been removed]
>




 
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