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Re: DeMark Indicators



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Bob,

DeMark Indicator:

Sum(If(H>Ref(H,-1),H-Ref(H,-1),0),13)/
(Sum(If(H>Ref(H,-1),H-Ref(H,-1),0),13)+
Sum(If(L>=Ref(L,-1),0,Ref(L,-1)-L),13))


DeMark's REI:

Var1:=If(Ref(H,-2)<Ref(C,-7),
If(Ref(H,-2)<Ref(C,-8),
If(H<Ref(L,-5),
If(H<Ref(L,-6),
0,1),1),1),1);
Var2:=If(Ref(L,-2)>Ref(C,-7),
If(Ref(L,-2)>Ref(C,-8),
If(L>Ref(H,-5),
If(L>Ref(H,-6),
0,1),1),1),1);
SubValues:=Var1*Var2*(H-Ref(H,-2))+Var1*Var2*(L-Ref(L,-2));
AbsDailyVal:=Abs(H-Ref(H,-2))+Abs(L-Ref(L,-2));
REI2:=Sum(SubValues,8)/Sum(AbsDailyVal,8);
REI2

Steve Karnish
CCT



----------
> From: Bob Hunziker <bobhunziker@xxxxxxxxxxxxx>
> To: Metastck E-Mail User Group <metastock@xxxxxxxxxxxxx>
> Subject: DeMark Indicators
> Date: Monday, December 14, 1998 10:53 AM
> 
> I am new to the Metastock E-Mail User Group but a long time MS User...I
have
> MS Pro 6.5.2.
> 
> I am looking for the DeMark indicators to use as custom formulaes in MS
Pro.
> I expect these may have been shared/posted by the Group in the past.  I
> would appreciate if anyone could post them again or send them to me.
> Thanks.
> 
>