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[Metastockusers] Re: Carlos



PureBytes Links

Trading Reference Links

Hello Carlos,

If you go to Google and search for "Chande Trend Index" then click on 
'translate this page' on the very first hit, you will find a formula there.

Here is my effort at creating the Metastock code from the formula on that page:

Lookback:= Input("Lookback",1,100,21);
LL:= Log(C/(Ref(C,-1)));
XX:= LL / Lookback;
SD:= Stdev((((LL-XX)*(LL-XX))/Lookback),Lookback);
Log(C/Ref(C,-Lookback)) / (SD*Sqr(Lookback))

Needless to say, the plot bears no relation to the illustration on the site.

Good luck!

Regards,
Kevin

At 16:25 04/11/2003 -0800, you wrote:
>
>Hi Kevin,
>
>If you send me the CTI formula I may give it a go and
>help you with the MetaStock code.
>
>I had been looking with a Goggle search, but
>couldn't't found any explanation really.
>
>Carlos.
>=
>
>__________________________________
>Do you Yahoo!?
>Protect your identity with Yahoo! Mail AddressGuard
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