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Groups: Registered, Registered Users, Subscribers, Unverified Users Joined: 10/28/2004(UTC) Posts: 3,111 Location: Perth, Western Australia
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Sam,
Take the code a part to see how it works.
OscP(12,26,E,%)<=-3 AND ROC(OscP(12,26,E,%),5,$) = -Sum(Abs(ROC(OscP(12,26,E,%),1,$)),5)
Has three different 'sections'
OscP(12,26,E,%)
ROC(OscP(12,26,E,%),5,$)
-Sum(Abs(ROC(OscP(12,26,E,%),1,$)),5)
Plot each of these in its own window.
Find where the first section <=3, then find when the second section might equal the third section. Have a look at the price acton that leads up to each of these events and see if it suits your trading style.
The other, of course, is to use the MS Users Manual and find out what OscP() , ROC(), Sum() and Abs() functions do.
wabbit :D
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