Welcome Guest! To enable all features please Login or Register.

### Notification

Error

 Previous Topic Next Topic
 MS Support #1 Posted : Thursday, April 11, 2024 7:52:25 PM(UTC) Rank: Advanced MemberGroups: Moderators, Registered, Registered Users, SubscribersJoined: 10/8/2010(UTC)Posts: 1,943Thanks: 86 timesWas thanked: 155 time(s) in 150 post(s) Perry Kaufman’s article, “Gap Momentum,” introduced his new Gap Momentum Indicator and a trading system based on it. Below are the MetaStock formulas for the indicator and system test.  The system test formulas could also be used in an expert advisor.Gap Momentum Indicator: Code:``````mpds:= Input("Gap Momentum Periods", 2, 500, 40); spda:= Input("Signal Line Periods", 2, 200, 20); gap:= OPEN - Ref(CLOSE, -1); upgap:= Sum( If( gap > 0, gap, 0), mpds); dngap:= Sum( If( gap < 0, Neg(gap), 0), mpds); denom:= If(dngap = 0, -1, dngap); gapratio:= If(denom = -1, 1, 100 * (upgap / denom)); sig:= Mov(gapratio, spda, S); gapratio; sig`````` Gap Momentum System Test: Buy Order: Code:``````mpds:= 40; spda:= 20; gap:= OPEN - Ref(CLOSE, -1); upgap:= Sum( If( gap > 0, gap, 0), mpds); dngap:= Sum( If( gap < 0, Neg(gap), 0), mpds); denom:= If(dngap = 0, -1, dngap); gapratio:= If(denom = -1, 1, 100 * (upgap / denom)); sig:= Mov(gapratio, spda, S); dir:= roc(sig, 1, \$); cross(dir, 0)`````` Sell Order: ​​​​​​​Code:``````mpds:= 40; spda:= 20; gap:= OPEN - Ref(CLOSE, -1); upgap:= Sum( If( gap > 0, gap, 0), mpds); dngap:= Sum( If( gap < 0, Neg(gap), 0), mpds); denom:= If(dngap = 0, -1, dngap); gapratio:= If(denom = -1, 1, 100 * (upgap / denom)); sig:= Mov(gapratio, spda, S); dir:= roc(sig, 1, \$); cross(0, dir)``````
 Wanna join the discussion?! Login to your Discussions forum accountor Register a new forum account.
 Users browsing this topic
Forum Jump
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.