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Old Indicators from days gone bye



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That Zig Zag indicator helped Hank and it was just here and not being used.
I thought it might be helpful to give away other indicators I've pickup on
this list over the past year. I'm not much as EL programer but anytime
somebody puts something on the list I downloaded it for the day I might
know more and can use it. Not a lot I can contribute to this list other
than trading experience so maybe this will help me feel better about that.
This can from the code a year ago. Good time to do this on a Saturday night.

Robert

Resent-Date: Thu, 19 Mar 1998 06:51:46 -0800
X-Originating-IP: [204.181.115.165]
From: "The Code" <veeger2001@xxxxxxxxxxx>
To: omega-list@xxxxxxxxxx
Subject: Re: Determining Trend power
Date: Thu, 19 Mar 1998 06:51:04 PST
Resent-From: omega-list@xxxxxxxxxx
X-Mailing-List: <omega-list@xxxxxxxxxx> archive/latest/16205
X-Loop: omega-list@xxxxxxxxxx
Resent-Sender: omega-list-request@xxxxxxxxxx


Input: hprice((h of data2-h of data3)/h of data4),lprice((l of data2-l 
of data3)/l of data4),cprice((c of data2-c of data3)/c of 
data4),length(14);
Plot1(DMIMinusCustom(HPRICE,LPRICE,CPRICE,LENGTH),"dmim");
plot2(DMIPlusCustom(HPRICE,LPRICE,CPRICE,LENGTH),"dmip");
plot3(ADXCustom(HPRICE,LPRICE,CPRICE,LENGTH),"adx");

I wrote the above for the following:

S&P 500 cash or futures DATA1
NYSE advancing issues DATA2
NYSE declining issues DATA3
NYSE unchanged issues DATA4

=========================================

You could drop off the dmi stuff and just
plot the adx like below just for two markets.


Input: hprice((h of data2-h of data3)),
       lprice((l of data2-l of data3)),
       cprice((c of data2-c of data3)),length(14);

plot3(ADXCustom(HPRICE,LPRICE,CPRICE,LENGTH),"adx");

BTW I didnt verify the above code but I think it will.

You can change the data2, data3 to data1 and data2 if
you wish. The adx is a great tool for trends. I have 
posted only systems. I should post some indicators now.


In fact you can take almost any indicator that has a 
price input and insert the following:


input:price((c of data1+c of data2)/2),length(20);

plot1(Average(PRICE, LENGTH),"");


===========================================


>I am looking at determining the difference in "trend strength" between 
2
>different markets?
>
>Apart from the canned spread indicators, does any one have a novel idea 
on
>that one?
>
>Peter
>
>
>