Chris: I haven't tried testing the whole formulation without InSync (yet). I will say this, though: Dave did say that it was a very useful indicator, and he placed it near the top of the list of indicators he uses in his system. He looks at StochRSI(14), then StochRSI(8,5), then MACD(8,17,9), then InSync, then Dahl, etc. This is how he listed them in his talk, I think. I hate to speak for him -- I hope I'm not getting anything wrong.
InSync kept me out of some trades I was considering last week, because the 50 trigger line hadn't been reached. It did me a good service too, because the stocks wound up going down by the end of the week. That doesn't say much, I know, but I do think it's a useful indicator.
The only formula I know for InSync is the one below. You have to create all the component indicators first, then finally create the InSync indicator at the bottom. This is the formula for WOW, but you can get the Metastock one at:
equis.com
Here's the WOW version:
BOLInSLB:
mov(C,20,S) - 2 * (std(C ,20))
BOLInSUB:
mov(C,20,S) + 2 * (std(C , 20))
BOLInS2:
(C-fml("BOLInSLB")) / (fml("BOLInSUB") - fml("BOLInSLB"))
BOLInSL:
if(fml("BOLInS2") < .05, -5, if(fml("BOLInS2") > .95, 5, 0))
CCIInS:
if(cci(14) > 100, 5, if(cci(14)< -100, -5, 0))
EMVInS2:
emv(10,S,1) - mov(emv(10,S,1),10,S)
EMVInSB:
if(fml("EMVInS2")< 0, if(mov(emv(10,S,1),10,S) < 0, -5, 0),0)
EMVInSS:
if(fml("EMVInS2")> 0,if(mov(emv(10,S,1),10,S) > 0, 5, 0),0)
MACDInS2:
macd() - mov(macd(), 10, S)
MACDInSB:
if(fml("MACDInS2") < 0, if(mov(macd(),10,S) < 0, -5, 0), 0)
MACDInSS:
if(fml("MACDInS2") > 0, if(mov(macd(),10, S)> 0, 5, 0), 0)
MFIIns:
if(mfi(20)> 80,5,if(mfi(20)< 20,-5,0))
PDOInS2:
dpo(18) - mov(dpo(18), 10, S)
PDOInSB:
if(fml("PDOInS2")< 0, if(mov(dpo(18),10,S) < 0, -5, 0), 0)
PDOInSS:
if(fml("PDOInS2") > 0, if(mov(dpo(18),10,S) > 0, 5, 0), 0)
ROCInS2:
roc(C , 10, $) - mov(roc(C,10,$), 10,S)
ROCInSB:
if(fml("ROCInS2") < 0, if(mov(roc(C,10,$),10,S)< 0,-5,0),0)
ROCInSS:
if(fml("ROCInS2")> 0, if(mov(roc(C,10,$), 10,S)> 0,5,0),0)
RSIInS:
if(rsi(14)> 70,5,if(rsi(14)< 30,-5,0))
STO%dInS:
If( Stoch(14 ,3 )> 80 ,5 ,If( Stoch(14 ,3 )<20 ,-5 ,0 ) )
STO%kInS:
If( Stoch(14 ,1)> 80 ,5 ,If( Stoch(14 ,1 )<20 ,-5 ,0 ) )
InSync indicator:
50 + fml("CCIInS") + fml("BOLInSLL") + fml("RSIInS") + fml("sto%kInS") + fml("sto%dInS") + fml("MFIInS") + fml("EMVInSB") + fml("EMVInSS") + fml("ROCInSS") + fml("ROCInSB") + ref(fml("PDOInSS"),-10) + ref(fml("PDOInSB"),-10) + fml("MACDInSS") + fml("MACDInSB")
It's not as daunting as it looks. Just create each one, one by one. It actually works.
Brooke |
