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[Metastockusers] Cycles



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Here are a couple of cycle indicators from Walter Bressert's Book

Cycles 15 30 45 90 

P1:=Mov(((C-LLV(L,15))/(HHV(H,15)-LLV(L,15)))*100,3,E);
P2:=Mov(((C-LLV(L,30))/(HHV(H,30)-LLV(L,30)))*100,3,E);
P3:=Mov(((C-LLV(L,45))/(HHV(H,45)-LLV(L,45)))*100,3,E);
P4:=Mov(((C-LLV(L,90))/(HHV(H,90)-LLV(L,90)))*100,3,E);
A1:=Mov(((P1-LLV(P1,15))/(HHV(P1,15)-LLV(P1,15)))*100,3,E);
A2:=Mov(((P2-LLV(P2,30))/(HHV(P2,30)-LLV(P2,30)))*100,3,E);
A3:=Mov(((P3-LLV(P3,45))/(HHV(P3,45)-LLV(P3,45)))*100,3,E);
A4:=Mov(((P4-LLV(P4,90))/(HHV(P4,90)-LLV(P4,90)))*100,3,E);
A1;A2;A3;A4;


Cycles 5 10 15 20

P1:=Mov(((C-LLV(L,5))/(HHV(H,5)-LLV(L,5)))*100,3,E);
P2:=Mov(((C-LLV(L,10))/(HHV(H,10)-LLV(L,10)))*100,3,E);
P3:=Mov(((C-LLV(L,15))/(HHV(H,15)-LLV(L,15)))*100,3,E);
P4:=Mov(((C-LLV(L,20))/(HHV(H,20)-LLV(L,20)))*100,3,E);
A1:=Mov(((P1-LLV(P1,5))/(HHV(P1,5)-LLV(P1,5)))*100,3,E);
A2:=Mov(((P2-LLV(P2,10))/(HHV(P2,10)-LLV(P2,10)))*100,3,E);
A3:=Mov(((P3-LLV(P3,15))/(HHV(P3,15)-LLV(P3,15)))*100,3,E);
A4:=Mov(((P4-LLV(P4,20))/(HHV(P4,20)-LLV(P4,20)))*100,3,E);
A1;A2;A3;A4;


start at the very right edge of the chart and then start coloring 
each line differently


These indicators show when there is confluence in overbought and 
oversold areas


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