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Kees,
1. Yes...but expect some division by zero errors with this formula
2. You could or you could write:
{CMO3}
{Steve Karnish's CMO}
CMO(C,3);
3. Much shorter to write CMO(C,3) and not have to worry about the
division error.
4. Sell short: Cross(CMO(C,3),opt1)
Preston
--- In equismetastock@xxxxxxxxxxxxxxx, "Kees Takkenberg"
<c.a.takkenberg@xxx> wrote:
>
> It seems I have some lack in fundamentel formulae understanding.
But I'm trying to do the test myself and I don't get it right!
>
> E.g. the first rule is: Buy: Cross(-opt1,CMO(C,3))
>
> In the indicatorbuilder I found this formula, wich is
namend "Chande Momentum Oscillator".
>
> 100*((Sum(If(C,>,Ref(C,-1),(C-Ref(C,-1)),0),14))-(Sum(If(C,<,Ref(C,-
1),(Ref(C,-1)-C),0),14))) /((Sum(If(C,>,Ref(C,-1),(C-Ref(C,-1)),0),14)
+(Sum(If(C,<,Ref(C,-1),(Ref(C,-1)-C),0),14))))
>
> Question:
>
> 1. Because of the 3 periods Mr.Karnish uses, should I change the 14
into a 3?
> 2. Should I rename the "Chande Momentum Oscillator"into CMO.
> 3. By doing so, the way to write the first rule (see above) will
than be : Cross(-opt1, Fml( "CMO")), because I am referring to an
indicator in the Indicatorlist?
> 4.Do I have to skip the (C,3)) because I already have changed a 14
days period into a 3 one? Or must I see the "CMO"as a complete entity
and set the "(C,3)" stil behind it?
>
> When writing the third rule , Sell short: ( CMO(C,3),opt1) into the
systemtester "Metastock" correct me over and over again.
> Is the word Cross missing here? Because Buy to cover is with the
Crossfunction and I should say to sell short is triggered when the
CMO crosses the above triggerline!
>
> I would also say that I very much appreciate Mr.Karnish webinar.
>
> And to you all out there: I would really appreciate your help on
this.
>
> Regards,
>
> Kees Takkenberg
>
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