Indicator (Take II)

["Trader J" <editorial@xxxxxxxxxxxxx>]

As Phil wrote:

<<       Does anyone have any idea what the indicator-system is on
   http//www.axom.com/commodities            >>



Phil,

Here's a better solution than the one I posted earlier:



First, create a User Function as follows:


Input:  Price(numericseries), Length (numeric);

HamMan = iff(BollingerBand(Price,Length,2)[1] -
BollingerBand(Price,Length,-2)[1] > 0, 100*(Price -
BollingerBand(Price,Length,-2)[1])/(BollingerBand(Price,Length,2)[1]-Bolling
erBand(Price,Length,-2)[1]),50);





Next, create the indicator as follows:

Input:  Price(TypicalPrice), Length(10), AvgLen(10);

Plot1(Average(HamMan(Price,Length),AvgLen), "Ham Man");





That should pretty well duplicate what you see at
http://www.axom.com/commodities/  .



All the best,

The Omega Man (TM)


Spiral sliced and sugar cured.



-----Original Message-----
From: Phil <rhodes@xxxxxxxxxxxxxx>
To: omega-list@xxxxxxxxxx <omega-list@xxxxxxxxxx>
Date: Wednesday, August 26, 1998 6:04 PM
Subject: indicator?


       Does anyone have any idea what the indicator-system is on
   http//www.axom.com/commodities

   Is it really any good?

              Thank You,
              Phil