Rank: Newbie
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Joined: 11/15/2014(UTC)
Posts: 4
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Help please,
I have copied the code from the October 2015 article and it doesn't work, comes up with different error messages. Any help would be appreciated.
MetaStock Code For MFO
LL := Security(“.DJI”,L);
HH:= Security(“.DJI”,H);
{avoid division by zero}
Dvs:=If((HH-Ref(LL ,-1))+(Ref(HH,-1)-LL )=0,.00001,
(HHRef(LL ,-1)+(Ref(HH,-1)-LL )));
MLT P:=If(HH<Ref(LL ,-1),-1,If(LL >Ref(HH,-1),1,((HHRef(
LL ,-1))-(Ref(HH,-1)-LL ))/dvs));
{avoid division by zero}
Dvsv:=If(V=0,.00001,V);
Sum((MLT P*V),20)/Sum(Dvsv,20);
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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)
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Hi south54
The code below works for me but you might still find that quotation marks in the LL and HH variables might still appear as illegal characters when pasted into MetaStock as an indicator. If this happens then just replace those characters with the quotes character (") on your keyboard.
Another issue with the formula is that there is no pathname for the DJI security. A full pathname is probably required.
The third issue was that "MLTP" was actually entered as "MLT P" - spaces in variable names are not permitted.
{MetaStock Code For MFO}
LL:= Security(".DJI",L);
HH:= Security(".DJI",H);
{avoid division by zero}
Dvs:=If((HH-Ref(LL ,-1))+(Ref(HH,-1)-LL)=0, 0.00001,
(HH-Ref(LL ,-1)+(Ref(HH,-1)-LL )));
MLTP:=If(HH<Ref(LL ,-1),-1,If(LL >Ref(HH,-1),1,((HH-Ref(
LL,-1))-(Ref(HH,-1)-LL ))/dvs));
{avoid division by zero}
Dvsv:=If(V=0,.00001,V);
Sum((MLTP*V),20)/Sum(Dvsv,20);
Roy
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Rank: Newbie
Groups: Registered Users, Subscribers, Unverified Users
Joined: 11/15/2014(UTC)
Posts: 4
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Thanks for your assistance, I also wrote to the author and he replied:
Hi Zelko,
Thank for your letter.
Something is wrong with (“) in your code.
This is MetaStock code for MFO:
LL:= Security(".DJI",L);
HH:= Security(".DJI",H);
{avoid division by zero}
Dvs:=If((HH-Ref(LL,-1))+(Ref(HH,-1)-LL)=0,.00001,(HH-Ref(LL,-1)+(Ref(HH,-1)-LL)));
MLTP:=If(HH<Ref(LL,-1),-1,If(LL>Ref(HH,-1),1,((HH-Ref(LL,-1))-(Ref(HH,-1)-LL))/dvs));
{avoid division by zero}
Dvsv:=If(V=0,.00001,V);
Sum((MLTP*V),20)/Sum(Dvsv,20);
Best Regards,
Vitali Apirine
From: Zelko Mustac
Sent: Saturday, March 19, 2016 9:40 AM
To: vitapirine@mediacombb.net
Subject: Money Flow Oscillator
Zelko Mustac <zelko.mustac@gmail.com>
10:50 AM (6 minutes ago)
to vitali
Many thanks
Working perfectly now!
you are right gives an indication of change of trend quicker than MACD.
Very helpful
Cheers
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