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You can see the correspondence at TASC that Kees Ktakkenburg refers to.
http://www.traders.com/documentation/feedbk_docs/archive/012005/Letters/Lett
ers.html
I did a web search for John Twardy, there were no relevant hits. I also did
a book search at amazon.com, again without any hits.
Kees, my guess is that this formula is close to Twardy's intent. What kind
of results do you get?
Regards
Lionel
From: equismetastock@xxxxxxxxxxxxxxx [mailto:equismetastock@xxxxxxxxxxxxxxx]
On Behalf Of ktakkenberg
Sent: Tuesday, October 23, 2007 3:31 PM
To: equismetastock@xxxxxxxxxxxxxxx
Subject: [EquisMetaStock Group] Twardy
HI, I am looking for a Metastock formula probably called The Twardy
Indicator?
In October 2004 there was an article "Trading Sector Funds Using
Statistics," by John Twardy, in Stocks & Commodities page 82.
Normally Equis supplies the formula with the article.But not this time.
On the internet I found an email to S&C where some-one wrote to have
tried to make the correct formula but was in doubt if he/she did so?
The formula was:
ROC(c,15,%)/(Sqrt(Var(Linearreg(c,15),15)))
I would like to know if this is the right-one or if anyone knows the
correct "Twardy Indicator"?
Thanks for helping me out!
Kees Takkenberg
The Netherlands.
[Non-text portions of this message have been removed]
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