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Dynamic Momentum Index (DMZ) w TDC

Last post 01-06-2006, 22:52 by pumrysh. 1 replies.
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  •  01-05-2006, 2:28 13589

    Dynamic Momentum Index (DMZ) w TDC

    You can use this indicator on different time frames from a higher time frame on a lower time frame.

    It requires the forum dll and the PowerPivots Plus add-on


    {similar to the Jurik DMX- a lowlag DMI}
    {written by Preston Umrysh}
    {This indicator uses Dll software developed by MetaStock Forum Crew}

    {http://forum.equis.com}
    factor:=Input("TimeFactor", 0, 1000, 1);
    offset:=Input("Offset", 0, 1000, 0);
    CD:=ExtFml("PowerPivots.TDataCreate",3,factor);
    Vt:=(Stdev(CD,5)/Mov(Stdev(CD,5),10,E))*10;
    Vt:=Max(vt,.0000001);
    Period:= Input("ZeroLag Period",1,250,10);
    EMA1:= Mov(CD,Period,E);
    EMA2:= Mov(EMA1,Period,E);
    Difference:= EMA1 - EMA2;
    x:= EMA1 + Difference;
    T1:=ExtFml("Forum.RSI",x,vt);
    T1:=ExtFml("PowerPivots.TDataLocalize", T1, factor,offset);
    T1;
  •  01-06-2006, 22:52 13658 in reply to 13589

    Re: Dynamic Momentum Index (DMZ) w TDC

    Henry,

    Its a great little indicator and I'm tickled to see that you've come up with some more uses for it.

    Preston

    equismetastock@yahoogroups.com
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