Re: Value Charts

["Bob R" <bobrabcd@xxxxxxx>]

I was wrong, the code is still there at the VCcode.asp#code link.  I had 
made a typo earlier.

http://www.landmarkassetmanagement.com/VCcode.asp#code

http://www.landmarkassetmanagement.com/valuechartsmta.asp

http://www.landmarkassetmanagement.com/documents/VALUECHARTSLAM.ELS



----- Original Message ----- 
From: "Bob R" <bobrabcd@xxxxxxx>
To: <omega-list@xxxxxxxxxx>
Sent: Wednesday, November 10, 2004 8:11 AM
Subject: Re: Value Charts


> The below code was from an interpretation of the description in the book 
> "Dynamic Trading Indicators" by Helweg & Stendahl.  David Stendahl later 
> posted a copy of his MTA presentation which included the Value Chart code 
> on his website. That code appears to have been removed.
> http://www.landmarkassetmanagement.com/valuechartsmta.asp
>
> Bob Roeske
> bobrabcd@xxxxxxx (no longer at earthlink)
>
> ----- Original Message ----- 
> From: "Trey Johnson" <dickjohnson3@xxxxxxxxxxxxxx>
> To: <omega-list@xxxxxxxxxx>
> Sent: Wednesday, November 10, 2004 5:50 AM
> Subject: RE: Value Charts
>
>
> > Hello Jim,
> > For everyone that doesn't use TS8, here you go. First one is
> > Value Bands and the second is Value.
> > Trey
> >
> > {coded by Bob Roeske bobrabcd@xxxxxxxxxxxxx 9/12/2003
> > based on Stendahl's value charts in the book "Dynamic Trading
> > Indicators"
> > This companion indicator to Value indicator plots the value zone bands
> > Mode(0) = Relative value,
> > Mode(1)=Volatility adjusted value,
> > Mode(2)=plots the +,-4 and +,-8 bands}
> >
> > Inputs: Mode(2),{default plots straight bands +,-4 and +,-8}
> > Len(5),   {used for value lookback length, try 21 for a
> > longer view}
> > SDLen(20); {used for the standard deviation length, use
> > 200 or more for longterm
> >             that work out to the +,-4 and +,-8}
> >
> > vars:
> > ValueRO(0),ValueRH(0),ValueRL(0),ValueRC(0),ValueO(0),ValueH(0),ValueL(0
> > ),ValueC(0),Vfactor(0);
> >
> > value1=average(0.5*(H+L),Len);
> >
> > If mode=0 then begin
> > ValueC=c-value1;
> >
> > plot1(2*stddev(ValueC,SDLen),"upper");
> > plot2(stddev(ValueC,SDLen),"umid");
> > plot3(-stddev(ValueC,SDLen),"lmid");
> > plot4(-2*stddev(ValueC,SDLen),"lower");
> > end;
> >
> > If Mode=1 then begin
> > ValueC=C-value1;
> > Vfactor=0.2*AVERAGE(high-low,len);
> >
> > If VFactor<>0 then
> > ValueC=ValueC/VFactor
> > else ValueC=0;
> >
> > plot1(2*stddev(ValueC,SDLen),"upper");
> > plot2(stddev(ValueC,SDLen),"umid");
> > plot3(-stddev(ValueC,SDLen),"lmid");
> > plot4(-2*stddev(ValueC,SDLen),"lower");
> > end;
> >
> > If mode=2 then begin
> > plot1(8,"upper");
> > plot2(4,"umid");
> > plot3(-4,"lmid");
> > plot4(-8,"lower");
> > end;
> >
> >
> > {Coded by Bob Roeske bobrabcd@xxxxxxxxxxxxx 9/12/2003
> > based on Stendahl's value charts in the book "Dynamic Trading
> > Indicators"
> > Mode(0) = Relative value,
> > Mode(1)=Volatility adjusted value,
> > This indicator is used with the companion ValueBands indicator
> > Len in both indicators should be the same value}
> >
> > Inputs: Mode(1),
> > Len(5);   {used for value lookback length, try 21 for a
> > longer view}
> >
> > vars:
> > ValueRO(0),ValueRH(0),ValueRL(0),ValueRC(0),ValueO(0),ValueH(0),ValueL(0
> > ),ValueC(0),Vfactor(0);
> >
> > value1=average(0.5*(H+L),Len);
> >
> > {Relative value}
> > If Mode=0 then begin
> > ValueO=O-value1;
> > ValueH=H-value1;
> > ValueL=L-value1;
> > ValueC=c-value1;
> >
> >     plot1(valueO,"O");
> >     plot2(valueH,"H");
> > plot3(valueL,"L");
> > plot4(valueC,"C");
> > end;
> >
> > {volatility adjusted value}
> > If Mode=1 then begin
> > Vfactor=0.2*AVERAGE(high-low,len);
> >
> > ValueO=O-value1;
> > ValueH=H-value1;
> > ValueL=L-value1;
> > ValueC=c-value1;
> >
> > If VFactor<>0 then
> > ValueO=ValueO/VFactor
> > else ValueO=0;
> >
> > If VFactor<>0 then
> > ValueH=ValueH/VFactor
> > else ValueH=0;
> >
> > If VFactor<>0 then
> > ValueL=ValueL/VFactor
> > else ValueL=0;
> >
> > If VFactor<>0 then
> > ValueC=ValueC/VFactor
> > else ValueC=0;
> >
> > plot1(valueO,"O");
> >     plot2(valueH,"H");
> > plot3(valueL,"L");
> > plot4(valueC,"C");
> > end;
> >
> >
> > -----Original Message-----
> > From: Jim. [mailto:jim_booner@xxxxxxx]
> > Sent: Wednesday, November 10, 2004 6:35 AM
> > To: omega-list@xxxxxxxxxx
> > Subject: Value Charts
> >
> >
> > Hello,
> >
> > does someone know how to build Value charts by David Stendahl?
> > I found his presentation on www.landmarkassetmanagement.com/home.htm
> > or maybe someone knows if he explains in his book how to build these
> > charts/indicator in tradestation.
> >
> > thanks Jim
> >
> >
> >
> >
>
>