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Open Interest Question future trader
Rank: Advanced Member
Groups: Registered, Registered Users
Joined: 4/27/2005(UTC)
Posts: 130
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Does anybody use encoding using open interest data only? I haven't seen any example of using it in metastock so far.
I thought something simple like this could be used but the results are not what I expected.
MA10:=Mov(OI,10,E);
MA40:=Mov(OI,40,E);
Buy:=MA10>MA40 AND Alert(MA10<MA40,2);
Sell:=If(MA10<MA40 AND Alert(MA10>MA40,2),-1,0);
Buy+Sell
Any Idea guys? :(
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