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Price Hadley's Acceleration Bands formula [RESOLVED]
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Could someone please translate this TradeStation EasyLanguage formula to Metastock language.
UpperBand = Average((high x (1+2x (((high - low)/((high + low) /2)) x 1000) x .001))) , 20
MidPoint = Average (close, 20)
LowerBand = Average ((low x (1-2 x (((high - low) / ((high + low) / 2)) x 1000) x .001))) , 20
Thank you
Denis
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Hey Denis-
Try this:
[code:1:64756eb3e8]ub:= Mov(H*(1+2*(((H-L)/((H+L)/2))*1000)*0.001),20,E);
mb:=Mov(C,20,E);
lb:= Mov(L*(1-2*(((H-L)/((H+L)/2))*1000)*0.001),20,E);
ub;mp;lb[/code:1:64756eb3e8]
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Rank: Member
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Joined: 10/12/2005(UTC)
Posts: 10
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Thanks Stockman for you help.
There seems to be a problem with the last line ub;mp;lb I get an error message saying A "I" (I think) must immediately follow a function name?
What does that mean please?
Regards
Denis
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The "*1000*0.001" part and some formula brackets are redundant code, and TS's "Average" function is probably a SMA.
jose '-)
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Hi Jose,
I am sorry but I do not understand your answer. I still have a lot to learn. How can I get this formula to work?
Thanks
Denis
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Rank: Advanced Member
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Well... I was trying to stick with the original style as posted and failed... keep me straight, J!!! LOL!
Try this then:
[code:1:b0bf4d9e12]UB:= Mov(H*(1+2*(((H-L)/((H+L)/2))*1000)*0.001),20,S);
MB:= Mov(C,20,S);
LB:= Mov(L*(1-2*(((H-L)/((H+L)/2))*1000)*0.001),20,S);
UB;MB;LB;[/code:1:b0bf4d9e12]
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Rank: Member
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Joined: 10/12/2005(UTC)
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Thanks stocmman, It seems to work ok, but I had to change mid to middle before it would for some reason... thank again
Denis
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Rank: Advanced Member
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Rank: Advanced Member
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Sorry, I was using a reserved word. You can make the labels read whatever is good for you.
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Rank: Advanced Member
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Joined: 3/19/2005(UTC)
Posts: 2,995
Was thanked: 14 time(s) in 10 post(s)
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Rank: Advanced Member
Groups: Registered, Registered Users
Joined: 3/19/2005(UTC)
Posts: 2,995
Was thanked: 14 time(s) in 10 post(s)
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Reposted for Weird...
Weird wrote:This is my take on Price Headley's Momentum Divergence from Big Trends in Trading, adapted from TS code,
{Headley Momentum Divergence}
pds:=Input("Periods",15,40,15);
Value1:=If(HHV(MACD(),pds)-LLV(MACD(),pds)<>0,HHV(MACD(),pds)-LLV(MACD(),pds),50);
Value2:=If(HHV(CLOSE,pds)-LLV(CLOSE,pds)<>0,HHV(CLOSE,pds)-LLV(CLOSE,pds),50);
PcClose:=100*(CLOSE-LLV(CLOSE,15))/value2;
PcMACD:=100*(MACD()-LLV(MACD(),15))/value1;
PcClose;PcMACD;
30;90;
Signal given when PcClose and PcMACD both above 90, and additionally using price above a MA envelope.
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Price Hadley's Acceleration Bands formula [RESOLVED]
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