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

Notification

Icon
Error

Options
Go to last post Go to first unread
uhehs  
#1 Posted : Monday, November 30, 2009 10:47:52 AM(UTC)
uhehs

Rank: Newbie

Groups: Registered, Registered Users
Joined: 5/25/2005(UTC)
Posts: 8
Location: Southbury, CT

I currenlty use the FO in my Metastock layout. I'd like to replicate it in my eSignal chart as well. Does anyone have the code for eSignal? If not alreay in eSignal format, can someone provide me the code used by Metastock? Thank you in advance for any help.
mstt  
#2 Posted : Monday, November 30, 2009 12:46:43 PM(UTC)
mstt

Rank: Advanced Member

Groups: Registered, Registered Users, Subscribers
Joined: 7/25/2005(UTC)
Posts: 1,042

Was thanked: 57 time(s) in 54 post(s)

Hi uhehs

Simulating any Linear Regression based indicator in MetaStock with the Metastock Formula Language produces a somewhat less than 100% accurate result, and this is particularly so when more than 1000-2000 data bars are loaded. Problems occur partly because all MS simulations, that I've seen at least, use the Cum() function, and this can generate huge numbers way beyond MetaStock's ability to adequately keep track of. Having said that, it's still possible to achieve results that are sufficiently accurate if appropriate techniques are used.

If eSignal has the Linear Regression and Linear Regression Slope functions then you should be able to create a very accurate Forecaset Oscillator as set out below.

Time Series Forecast = Linear Regression + Linear Regression

Forecast Oscillator = 100 * (Close - Previous Time Series Forecast) / Close

Roy

Users browsing this topic
Guest (Hidden)
Similar Topics
Forecast Oscillator (Formula Assistance)
by duration 3/29/2006 12:19:52 PM(UTC)
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.