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

[syed rizvi <azizrizvi@xxxxxxxxx>]

Hi
   
  1. Ron which book r u referring to when u say page 114.
   
  2. Looking for learning the power of Enhanced System tester. If anyone has any Primer,Study meterial on Backtesting  and exploration in Metastock
   
  pls upload in the files section...Thank you
   
  Regards
  Rizvi

rsb_44 <rsb_44@xxxxxxxxxxx> wrote:
          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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