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It must be something about Indian stocks - I keep getting the same
mail over and over... :)
The MS code is fine - just keep trying it on different stocks.
It only gives rare signals now and then. Try turning off volume
confirmation for more signals.
==========
PopSteckle
==========
---8<---------------------
{ PopSteckle signals - by David Steckler }
{ Plots +1 signal on rare PopSteckle condition }
{ 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 }
PopSteckle:=condition1 AND condition2
AND condition3 AND condition4;
{ plot on own window below price chart }
PopSteckle
---8<---------------------
jose '-)
--- In equismetastock@xxxxxxxxxxxxxxx, "Dusant@xxxx" <dusant@xxxx>
wrote:
> Jose,
> There seems to be some fine tuning needed here.
> All I get is a zero line.
> Dusant
> Chief Architect
> http://www.candlestrength.com/
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