Re: indicator?

["Trader J" <editorial@xxxxxxxxxxxxx>]

Phil wrote:

<       Does anyone have any idea what the indicator-system is on
   http//www.axom.com/commodities   >




Try something like:


Input: Price(TypicalPrice),Length(14);

Var: LRS(0),LRS2(0),LRS3(0);


LRS  =  LinearRegSlope(Price,Length);
LRS2 = LinearRegSlope(LRS,Length);
LRS3 =  LinearRegSlope(LRS2,Length);


Plot1(LRS3,  "Indic");




Adjust the length to accommodate your preferred trade-off between
smoothness and response.  You may normalize the indicator to a 0 to 100
scale, if you so desire.

There are other ways to code an indicator like that at axom.com/commodities.
I'll post some more alternatives if folks are interested...



All the best,

The Omega Man (TM)



-----Original Message-----
From: Phil <rhodes@xxxxxxxxxxxxxx>
To: omega-list@xxxxxxxxxx <omega-list@xxxxxxxxxx>
Date: Wednesday, August 26, 1998 6:04 PM
Subject: indicator?


       Does anyone have any idea what the indicator-system is on
   http//www.axom.com/commodities

   Is it really any good?

              Thank You,
              Phil