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ds2778,
It is an indicator. It has dynamic overbought and oversold zones. The
indicator was part of an article/s which appeared in Technical
Analysis of Stocks and Commodites magazine.
Preston
--- In equismetastock@xxxxxxxxxxxxxxx, ds2778 <no_reply@xxx> wrote:
>
>
> Hi,
>
> Can anybody explaian the code described here is an indicator code
or
> exploration?
>
> If it's an indicator code pls do post the exploration code plsss...
>
> ds2778
>
> --- In equismetastock@xxxxxxxxxxxxxxx, pumrysh <no_reply@> wrote:
> >
> > Viper,
> >
> > Try this:
> >
> > {SVAPO METASTOCK CODE}
> > {calculate the heikin-ashi closing average haCl and get the input
> > variables}
> > haO:= (Ref((O+H+L+ C)/4,-1) + PREV)/2;
> > haCl:= ((O+H+L+C)/4+ haO+Max(( O+H+L+C)/ 4,Max(H,haO) )+
> > Min((O+H+L+C)/4, Min(L,haO) ))/4;
> > period:= Input("SVAPO period :",2,20,8);
> > cutoff:= Input("Minimum % price change :",0,10, 1);
> > {Inputs for standard deviation bands}
> > devH:= Input("Standard Deviation High :",0.1,5, 1.5);
> > devL:= Input("Standard Deviation Low :",0.1,5, 1.3);
> > stdevper:= Input("Standard Deviation Period :", 1,200,100);
> > {Smooth HaCl closing price}
> > haC:= Tema(haCl, period/1.6);
> > {Medium term MA of Volume to limit extremes and division factor}
> > vave:= Ref(Mov(V, period*5, S),-1);
> > vmax:= vave*2;
> > vc:= If(V < vmax,V,vmax);
> > {Basic volume trend}
> > vtr:= Tema(LinRegSlope(V,period),period);
> > {SVAPO result of price and volume}
> > SVAPO:= Tema(Sum(If( haC > (Ref(haC, -1)*(1+cutoff/ 1000)) AND
> > Alert(vtr >= Ref(vtr, -1), 2), vc, If(haC < (Ref(haC, -1)*(1-
> > cutoff/1000) ) AND
> > Alert(vtr > Ref(vtr,-1),2),-vc,0)), period)/(vave+ 1),
> > period);
> > devH*Stdev(SVAPO,stdevper);
> > -devL*Stdev( SVAPO, stdevper);
> > zeroref:=0;
> > zeroref;
> > SVAPO {end}
> >
> > First problem was that SVAPO METASTOCK CODE must be commented out
> as
> > I have done above or removed altogether.
> > Second problem was that Min must be immediately followed by the
> > paranthesis.
> >
> > I did not get the error that you described. Your error code is
> > usually the result of a semicolon being left out in the previous
> > variable line.
> >
> > Code should work now.
> > Hope this helps,
> >
> > Preston
> >
> >
> >
> > --- In equismetastock@xxxxxxxxxxxxxxx, Viper Black <udp1645@>
> > wrote:
> > >
> > > Hi EveryBody,
> > >
> > > I'm using metastock 8, when i tried to run the SVAPO code
> below,
> > metastock can't recognize this particular code" vtr:= Tema
> (LinRegSlope
> > ( V, period), period);" it said that LinRegSlope "This is not a
> > recognized name, constant or operator."
> > > Appriciate if anybody can explain what happen....or i need a
> > higer version of metastock to run this code
> > > ***************************************
> > >
> > > SVAPO METASTOCK CODE
> > > {calculate the heikin-ashi closing average haCl and get the
> input
> > > variables}
> > > haO:= (Ref((O+H+L+ C)/4,-1) + PREV)/2;
> > > haCl:= ((O+H+L+C)/4+ haO+Max(( O+H+L+C)/ 4,Max(H,haO) )+Min
> > > ((O+H+L+C)/4, Min(L,haO) ))/4;
> > > period:= Input("SVAPO period :", 2, 20, 8);
> > > cutoff:= Input("Minimum % price change :", 0, 10, 1);
> > > {Inputs for standard deviation bands}
> > > devH:= Input("Standard Deviation High :", 0.1, 5, 1.5);
> > > devL:= Input("Standard Deviation Low :", 0.1, 5, 1.3);
> > > stdevper:= Input("Standard Deviation Period :", 1, 200, 100);
> > > {Smooth HaCl closing price}
> > > haC:= Tema(haCl, period/1.6);
> > > {Medium term MA of Volume to limit extremes and division
factor}
> > > vave:= Ref(Mov(V, period*5, S), -1);
> > > vmax:= vave*2;
> > > vc:= If(V < vmax, V, vmax);
> > > {Basic volume trend}
> > > vtr:= Tema(LinRegSlope( V, period), period);
> > > {SVAPO result of price and volume}
> > > SVAPO:= Tema(Sum(If( haC > (Ref(haC, -1)*(1+cutoff/ 1000)) AND
> > > Alert(vtr >= Ref(vtr, -1), 2), vc, If(haC < (Ref(haC, -1)*(1-
> > > cutoff/1000) ) AND
> > > Alert(vtr > Ref(vtr, -1), 2), -vc, 0)), period)/(vave+ 1),
> > > period);
> > > devH*Stdev(SVAPO, stdevper);
> > > -devL*Stdev( SVAPO, stdevper);
> > > zeroref:=0;
> > > zeroref;
> > > SVAPO
> > >
> > >
> > > ---------------------------------
> > > Be a better friend, newshound, and know-it-all with Yahoo!
> Mobile.
> > Try it now.
> > >
> > > [Non-text portions of this message have been removed]
> > >
> >
>
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