(DAILY ADVANCING ISSUES -(minus) DAILY DECLINING ISSUES)= B

McClellan OSC= MOV(B,19,E)- MOV(B,39,E)

WHERE: -100 OR LESS IS OVERSOLD (BULLISH)

WHERE: +100 OR GREATER IS OVERBOUGHT (BEARISH)

Note that B is just a constant for illustration purposes only.

Advance Decline Line

{To display the Advance Decline Line, create a composite security in The

DownLoader of Advancing Issues minus Declining Issues. Open a chart of

the composite and plot this formula}

Cum(CLOSE)

McClellan Oscillator

{To display the McClellan Oscillator, create a composite security in The

DownLoader of Advancing Issues minus Declining Issues. Open a chart of

the composite and plot this custom indicator.}

Mov(CLOSE,19,EXPONENTIAL) - Mov(CLOSE,39,EXPONENTIAL)

 mike arnoldi

CMO Filtered:

momu:=If(C>Ref(C,-1),C-Ref(C,-1),0);

momd:=If(C<Ref(C,-1),Ref(C,-1)-C,0);

A1:=Stdev(momu,100);

A2:=Stdev(momd,100);

Mup:=If(C-Ref(C,-1)>A1,C-Ref(C,-1),0);

Mdn:=If(Ref(C,-1)-C>A2,Ref(C,-1)-C,0);

Periods:=Input("Length",5,100,13);

CMOF:=100*((Sum(Mup,Periods)-Sum(Mdn,Periods))

/(Sum(Mup,Periods)+Sum(Mdn,Periods)));

Sig:=Mov(CMOF,10,S);

Hist:=CMOF-Sig;

Hist;

Sig;

CMOF;

Thrust Oscilator:

AI:= Security("D:\Stocks\Market

Indicators\X.NASD-A",C);

AV:= Security("D:\Stocks\Market

Indicators\X.NASD-A",V);

DecI:= Security("D:\Stocks\Market

Indicators\X.NASD-D",C);

DecV:= Security("D:\Stocks\Market

Indicators\X.NASD-D",V);

TO:=(((AI*AV)-(DecI*DecV))/((AI*AV)+(DecI*DecV)))*100;

Periods1:=Input("length1",3,100,21);

Periods2:=Input("length2",3,100,5);

IND:=Mov(TO,Periods1,S);

sig:=Mov(IND,Periods2,S);

sig;

IND;

You will have to create securities of advancing issues,declining issues,advancing volume, declining volume first then type in the directory where they are located

Henry kaczmarczyk

the thrust osc, the metastock formula

AI:= Security("D:\Stocks\Market Indicators\X.NASD-A",C);

AV:= Security("D:\Stocks\Market Indicators\X.NASD-A",V);

DecI:= Security("D:\Stocks\Market Indicators\X.NASD-D",C);

DecV:= Security("D:\Stocks\Market Indicators\X.NASD-D",V);

TO:=(((AI*AV)-(DecI*DecV))/((AI*AV)+(DecI*DecV)))*100;

Periods1:=Input("length1",3,100,21);

Periods2:=Input("length2",3,100,5);

IND:=Mov(TO,Periods1,S);

sig:=Mov(IND,Periods2,S);

sig;

IND;

You will have to have created securities of advancing issues,declining issues,advancing volume, declining volume

henry1224@hotmail.com

QUESTION

How would I write a MetaStock System Tester for:

Buy: stoch(12,3) has fallen below 36 and then crosses above its 6 day WMA.

Sell: stoch(12,3) rises above 52 and then falls below its 3 day WMA OR 3 day WMA of stoch crosses above 55.

ANSWER

stoch(12,3)<36 and cross(stoch(12,3),mov(stoch(12,3),6,w))

stoch(12,3)>52 and cross(mov(stoch(12,3),3,w),stoch(12,3)) or

mov(stoch(12,3),3,w)>55

Contributed by Christian Baude BAUDECB@ix.netcom.com

True Strength Index (TSI) - "Momentum, Direction and Divergence", William Blau, Pub: John Wiley& Sons (see also TASC Jan '93, "Stochastic Momentum" gives the formula for the true strength index. This article refers to an older article by Blau in the Jan '91 TASC "Double Smoothed Stochastics")

TSI(close,r,s) = 100*EMA(EMA(mtm,r),s / EMA(EMA(ImtmI,r),s)

>> Your formula expanded

>> 100*(Mov(Mov(ROC(C,1,$),25,E),13,E)/Mov(Mov(Abs(ROC(C,1,$)),25,E),13,E))

Numerator:

mtm = one-day momentum of close

r-day EMA of mtm {25 day}

s-day EMA {13 day double smoothing}

Denominator:

ImtmI = absolute value of mtm

r-day EMA of ImtmI

s-day EMA {double smoothing}

TSI(close,25,13)

Signal Line = EMA(TSI,7)

thresholds at +25, 0, -25

{little lag Vs smoothing of price}

Ergodic Oscillator = Ergodic + Signal line {TSI version of Slow Stochastic}

Ergodic(close,r) = TSI(close,r,5) {double smoothing is fixed at 5}

Signal Line(close,r) = EMA(TSI(close,r,5),5)

r = 20days

thresholds are +20, -20

Interesting comparison chart between 20 Slow Stochastic and 20 Erodic

{more head room in oversold-bought areas}

another chart showing Ergodic Osc = TSI(close,32,5) with 5-day EMA signal line

1. Enter or hold position only when slope of Ergodic Signal line has the same direction as the trend

2. Stand aside when slope of Ergodic Signal Line is in the opposite direction of trend

3. Enter or exit position when Ergodic and its Signal Line cross

Slow TSI Trend = TSI(close,64,64) {? weekly looking chart - very little lag}

Thresholds set at +15 & -15

Trading Ergodics with Slow TSI Trend

1st window - Slow TSI Trend = TSI(close,64,64)

2nd window - Ergodic Osc = TSI(close,64,5)

Walter Lake wlake@sprint.ca

True Strength Index = TSI

TSI(close,r,s) = 100*EMA(EMA(mtm,r),s / EMA(EMA(ImtmI,r),s)

Numerator

mtm = one-day momentum of close

r-day EMA of mtm {25 day}

s-day EMA {13 day double smoothing}

Demoninator

ImtmI = absolute value of mtm

r-day EMA of ImtmI

s-day EMA {double smoothing}

TSI(close,25,13)

Signal Line = EMA(TSI,7)

thresholds at +25, 0, -25

- 0 -

5 day EMA of 20 day EMA of 1 day momentum {little lag Vs smoothing of price}

- 0 -

Ergodic Oscillator = Ergodic + Signal line {TSI version of Slow Stochastic}

Erodic(close,r) = TSI(close,r,5) {double smoothing is fixed at 5}

Signal Line(close,r) = EMA(TSI(close,r,5),5)

r = 20days

thresholds are +20, -20

interesting comparision chart between 20 Slow Stochastic and 20 Erodic {more head room in oversold-bought areas}

another chart showing Ergodic Osc = TSI(close,32,5) with 5-day EMA signal line

- 0 -

Trading Ergodics with the Trend - Rules

1. Enter or hold position only when slope of Erogodic Signal line has the

same direction as the trend

2. Stand aside when slope of Erogodic Signal Line is in the opposite

diretion of trend

3. Enter or exit position when Erogodic and its Signal Line cross

- 0 -

Slow TSI Trend = TSI(close,64,64) {? weekly looking chart - very little lag}

Thresholds set at +15 & -15

Trading Ergodics with Slow TSI Trend

1st window - Slow TSI Trend = TSI(close,64,64)