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How to set these Indicators???

Last post 09-03-2008, 9:49 by wuming79. 2 replies.
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  •  09-03-2008, 8:50 27823

    How to set these Indicators???

    Hi I have problem setting these indicators:

    MACD(8,17,9) where 9 is the signal line, 17 is the long period and 8 is the short period.

    Slow Stochastics (14,3) where 14 is %k and 3 is %D.

    Volume SMA (50).

    I cannot find the indicators on the scroll down list to do the above (Maybe they are named differently). Pls above.

     

    Regards,

    Lewis

  •  09-03-2008, 8:58 27824 in reply to 27823

    Re: How to set these Indicators???

    The MACD is hard-coded to use 12 and 26.  You would want to make a custom indicator to be able to customize these values:

    X:=Input("Enter 1st MACD Value",1,1000,12);
    Y:=Input("Enter 2nd MACD Value",1,1000,26);
    Z:=Input("Enter Signal Line Value",1,1000,9);
    Mov(C,X,E)-Mov(C,Y,E);
    Mov(Mov(C,X,E)-Mov(C,Y,E),Z,E)

    For the Stochastic Oscillator, you have %K Periods and %K Slowing.  Then you have %D which is a Moving Average of %K.  This indicator should be in the Indicator QuickList (The drop-down list at the top of MetaStock).

    For a 50 SMA of the volume, all you would need to do is plot a moving average directly onto the volume bars of your chart (The volume bars should turn pink when you drop the moving average on them).

    It can also be done with a custom formula if you really want to:

    Mov(V,50,S)
  •  09-03-2008, 9:49 27825 in reply to 27824

    Re: How to set these Indicators???

    Hi, thanks for the quick reply.I have succeeded in the MACD and Stochastics. I tried the Volume MA (50) and it doesn't seems to be correct. The lines are quite high above the volumes and it is plotted like a price SMA(30) with up and down a lot.
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