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Strategies & Market Trends : Metastock 6.0 for Window -- Ignore unavailable to you. Want to Upgrade?


To: sean sanders who wrote (2083)5/29/1998 7:29:00 PM
From: Magnatizer  Read Replies (1) | Respond to of 4056
 
Anyone,

Does anyone have a formula for STIX indicator for MS? I saw it today on CNBC. Jerry Favors was using it to pick overbought and oversold points on the Dow. It is a 21 period ema of the A/D ratio for the market as defined: (advancing issues/( advancing issues + declining issues)) * 100

STIX= (A/D Ratio * 0.09) + (yesterdays STIX * 0.91)

I am not sure metastock is capable of using advancing issues and declining issues.

Thanks
david