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argunes  
#1 Posted : Wednesday, December 9, 2009 4:03:50 AM(UTC)
argunes

Rank: Newbie

Groups: Registered, Registered Users
Joined: 12/9/2009(UTC)
Posts: 1

Hi everyone, I just joined the Metastock user ranks and I'm wondering if anyone can help with my indicator problem. I couldn't figure how I can code a MACD indicator which I can change EMA settings and have both histogram and EMAs. I also need a pivot point indicator with mid level pivots for both daily and weekly charts. I'd be more than glad if anyone can show me the way.
johnl  
#2 Posted : Wednesday, December 9, 2009 7:53:28 PM(UTC)
johnl

Rank: Advanced Member

Groups: Registered, Registered Users
Joined: 11/7/2005(UTC)
Posts: 602

This might work for the MACD:
Create a new function with this:

shortperiods:=Input("Enter the shorter DEMA periods: ",3,20,12);
longperiods:=Input("Enter the longer DEMA periods: ",21,50,26);
signal:=Input("Enter the number of signal line periods: ",3,50,9);
Dema(C,shortperiods)-Dema(C,longperiods);
Mov(Dema(C,shortperiods)-Dema(C,longperiods),signal,E)


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