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Strategies & Market Trends : Technical Analysis- Indicators & Systems

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To: TechTrader42 who wrote (2509)8/15/1997 10:43:00 AM
From: Chandler H. Everett   of 3325
 
Brooke, et al.........another spin on PDI and MDI......try this!

Fml ("55") = LinRegSlope(Mov((PDI(13)-MDI(13)),5,W),5)

This, of course, is in MSWIN, and I think you only have to put Slope in WOW.

Put it in a window with a 3 period SMA.

You can go further........

Fml("56") = Fml("55")-Mov(Fml("55"),3,S)

and use this for Zero crosses.

The results are not perfect, but it looks pretty good. Anyone care to test the results?

BW Chan
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