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==========
PopSteckle
==========
---8<-----------------------------------
{ PopSteckle signals - by David Steckler }
{ http://trader.online.pl/ELZ/t-sm-PopSteckle.html }
{ Easy Language -> MFL conversion by jose }
{ http://users.bigpond.com/prominex/pegasus.htm }
{ variable inputs }
ADXLev:=Input("ADX trigger level",0,100,15);
DStocLev:=70;
WStocLev:=50;
ADXLen:=Input("ADX periods",2,252,14);
StocLenD:=
Input("Stochastic Daily periods",2,252,8);
StocLenW:=
Input("Stochastic Weekly periods",2,252,8)*5;
VolLength:=
Input("Volume period sampling",2,252,50);
VolFilter:=Input("Volume filter [1]On, [0]Off",0,1,1);
{ setup conditions }
condition1:=ADX(ADXLen)<ADXLev;
condition2:=Stoch(StocLenD,3)>DStocLev AND
Stoch(StocLenD,3)>Ref(Stoch(StocLenD,3),-1);
condition3:=Stoch(StocLenW,3)>WstocLev AND
Stoch(StocLenW,3)>Ref(Stoch(StocLenW,3),-3);
{ check for above average volume }
condition4:=
If(VolFilter,V>1.5*Mov(V,VolLength,S),1);
PopSteckle:=condition1 AND condition2
AND condition3 AND condition4;
PopSteckle
---8<-----------------------------------
jose '-)
--- In equismetastock@xxxxxxxxxxxxxxx, "Vaughan Try" <vaughan@xxxx>
wrote:
> Hi all,
>
> Does anybody have a formula for the Stochastic Pop system by David
Steckler, which helps identify stocks that are ready to breakout and
begin a sustained upward price move.
>
> It is also known as popsteckle.
>
> Any help would be greatly appreciated.
>
> Thanks
> Vaughan Try
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