[RT] Fw: Gen - CG Oscillator modified

["BobR" <bobrabcd@xxxxxxxxxxxxx>]

Posted this 5 hours ago....trying again.


I just can't leave anything as is.  Ehlers' CG oscillator had a remarkable
resemblance to Levine's Win Midas indicator so I took the liberty of adding
a Mode switch to the TASC CG Oscillator in the May issue.  The effect is to
provide some trend indication that a trader might use in conjunction with
the CG Oscillator.
Mode1= original oscillator.  Mode(0)=Levine version.  This mod was done in
haste without forethought of consequences of its use nor implications of
profits or losses...purely spontaneous and inspirational.

 enjoy,
bobr
 ========================
{John Ehlers, Technical Analysis of Stocks and Commodities May 2002}
{modified for trend indication BobR 4/17/2002}
{Mode1= original oscillator using Price, Mode2=oscillator using volume for
trend indication}

 Inputs:  Price((H+L)/2),Length(10),vol(volume),Mode(1);
Vars:  count(0),Num(0),Denom(0),CG(0);

 If Mode=1 then begin
Num=0;
Denom=0;
For count=0 to Length-1 begin
 Num=Num+(1+count)*(Price[count]);
 Denom=Denom+(Price[count]);
 End;
 If Denom<>0 then CG=-Num/Denom;

Plot1(CG,"CG");
Plot2(CG[1],"CG1");
end;

If Mode=0 then begin
Num=0;
Denom=0;
For count=0 to Length-1 begin
Num=Num+(vol[count])*(Price[count]);
Denom=Denom+(vol[count]);
End;
If Denom<>0 then CG=Num/Denom;

Plot1(CG,"CG");
Plot2(CG[1],"CG1");
end;


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