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Hi Roy,
The formula for the "MACD (Tema smoothed)" is already there as an indicator when I installed the Metastock. The indicator formula is as following:
shortperiods:=Input("Enter the shorter TEMA periods: ",3,20,12);
longperiods:=Input("Enter the longer TEMA periods: ",21,50,26);
signal:=Input("Enter the number of signal line periods: ",3,50,9);
Tema(C,shortperiods)-Tema(C,longperiods);
Mov(Tema(C,shortperiods) - Tema(C,longperiods),signal,E)
Now I am trying to reference this formula in Explorer to screen stocks where this indicator has crossed zero line from below. I am getting an error ' this function is not allowed in this type of formula'. I am a novice to using the MS formula language. I have put the above formula in ColA and the in the filter I have put the formula: cross(ColA,0). This may be a silly way of writing the formula but as I said I am a novice.
Kindly help. Thanks
On 10/7/05, Roy Larsen <rlarsen@xxxxxxxxxxxxxx> wrote:
Hi bvpr
It would help if you showed the formula that's not working. Tema and MACD both use exponential moving averages so changing the Explorer from using "Minimum Records" to using about 150 bars should correct erroneous results. Of course, that's assuming that your formula is correct and functions OK when used as an indicator, which is a good way to check and troubleshoot individual exploration columns by the way.
Regards
Roy
----- Original Message -----
Sent: Saturday, October 08, 2005 6:12 AM
Subject: [EquisMetaStock Group] MACD smoothed TEMA indicator in Explorer - Help
Hi, I would like to use MACD smoothed TEMA indicator of Equis in
explorer. I would like to list out the stocks where the indicator has
crossed the zero line from below. Can any one help please. I have tried
to use the indicator in explorer but it is not working.
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