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> Alan: Could you post the formula that you ended
> up using, and I'm curious to
> see if you are using it intraday, on short term
> charts.
Hi John,
Here is the code sent to me that Plots near exactly
like Adv GET in my testing with the exception that the
plot values scale is higher by a multiple of 100.
Unfortunately I lost the original post so I am unable
to give proper credit to the original poster (Thanks
again :-) ).
I use this oscillator (using slightly different values
than 5/35 )in part to trade a reasonably simple,low
risk,high positive expectancy mechanical S&P 60 Min
System.
I have attached the .ela
Regards,
Alan
{***********************************************}
Inputs: Price(Close), FastLen(5), SlowLen(35),
Factor(100) ;
Vars : PrOsc(0), FastMA(0), SlowMA(0) ;
FastMA =@xxxxxxx(Price,FastLen) ;
SlowMA = @Average(Price,SlowLen) ;
PrOsc = FastMA - SlowMA ;
Value1=(PrOsc * Factor) ;
if Value1 > 0 then begin
Plot1(Value1,"Buy");
end;
if Value1 < 0 then begin
Plot2(Value1,"Sell");
end;
Plot3(0, "Zero") ;{Plot2 places a Zero line}
Plot4(Value1,"Osc5/35");
{**********************************************}
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