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Jo,
Your formula reflects a rate-of-change of the close not the advance/decline.
J
>From: Jo Rowdy <roody@xxxxxxxx>
>Reply-To: metastock@xxxxxxxxxxxxx
>To: metastock@xxxxxxxxxxxxx
>Subject: Roc of A/D
>Date: Wed, 06 Dec 2000 17:41:39 -0800
>
>I've tried all kinds of different configurations of this indicator
>besides adding my home brew candle indicators into the formula.
>ROC(C,1,$)- Ref(Mov(ROC(C,3,$),10,S),-3)
>Interesting concept. at Active Trader magazine.
>http://www.activetradermag.com/brown.htm
>Improvements Appreciated ... Jo Rowdy
>
>ps: this is not spam (subject related)
>
>
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