Formula help

This is a discussion on Formula help within the Trading Software forums, part of the Commercial category; Hello! Im new to metastock quotecenter and need some help:-). I would like to know who i can do this ...

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Old Aug 14, 2006, 11:06pm   #1
Joined Aug 2006
Formula help

Hello!
Im new to metastock quotecenter and need some help:-).

I would like to know who i can do this in metastock.

Put in tsv(time segment volum) and ms(moneystream) and bop(balance of power.

you can read about it here:
http://www.worden.com/training/defau...g=posts&t=7365

or see it in use in this video:
http://videos.worden.com/videos/wmv/PW_LM_052206.html[/url]



And can i do this in metastock:


http://www.worden.com/training/default.aspx?g=posts&t=3613[/url]

http://www.worden.com/training/default.aspx?g=posts&t=1352[/url]

Thanks

Last edited by jensfrode; Aug 14, 2006 at 11:56pm.
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Old Aug 15, 2006, 8:23am   #2
Joined May 2005
Indicators for MS

Quote:
Originally Posted by jensfrode
Hello!
Im new to metastock quotecenter and need some help:-).

I would like to know who i can do this in metastock.

Put in tsv(time segment volum) and ms(moneystream) and bop(balance of power.

you can read about it here:
http://www.worden.com/training/defau...g=posts&t=7365

or see it in use in this video:
http://videos.worden.com/videos/wmv/PW_LM_052206.html[/url]



And can i do this in metastock:


http://www.worden.com/training/default.aspx?g=posts&t=3613[/url]

http://www.worden.com/training/default.aspx?g=posts&t=1352[/url]

Thanks
Hi jensfrode,

This should help: click on the following addresses:

http://trader.online.pl/MSZ/e-w-Balance_Of_Power.html

http://trader.online.pl/MSZ/e-w-Bala...ket_Power.html

http://www.tradeon.com/tradeon/tc200...#_Hlk474382001

http://trader.online.pl/MSZ/e-w-Time...ed_Volume.html

Regards,

Eduardo
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Old Aug 15, 2006, 10:20am   #3
Joined Aug 2006
Thanks

jensfrode started this thread Hi!

Thanks Eduardo.

One more question about moneystream..which one of them would it be.
Is it the:
MoneyFlow Index (MFI PCF – 10-days).

If you have any more links about metastock-analyses-video.Please write to me.

Best regards
Jeru
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Old Aug 15, 2006, 2:30pm   #4
Joined May 2005
Intraday Intensity

Quote:
Originally Posted by jensfrode
Hi!

Thanks Eduardo.

One more question about moneystream..which one of them would it be.
Is it the:
MoneyFlow Index (MFI PCF – 10-days).

If you have any more links about metastock-analyses-video.Please write to me.

Best regards
Jeru
Hi jensfrode,

To tell you the truth, I haven’t got a clue! “moneystream” is a proprietary indicator, and it is evident that Worden has no intention to make the formula public.
All is not lost, though: Mark Chaikin and David Bostian are mentioned, this is important.
Both Mark Chaikin’s “Money Flow” and Gene Quong and Avram Soudek’s “Money Flow Index” are already built in Metastock – just call them up.
David Bostian isn’t – which is where I come in.
The formula below is the “Intraday Intensity” oscillator version; you can find all this in John Bollinger’s “Bollinger on Bollinger Bands” text, ISBN 0-07-137368-3; check Amazon.com, you might get a deal.
____________________________________________
%b Intraday Intensity:
____________________________________________
{Bostian's Intraday Intensity Index }
var1 := (((2*C)-H)-L);
var1 := If(var1=0,0.01,var1);
var2 := (H-L);
var2 := If(var2=0,0.01,var2);
var3 := Sum((var1/var2)* VOLUME,21);
var4 := (Sum(VOLUME,21));
var5 := (var3/var4);
II := var5 *100;

II
_____________________________________________
Use it as a proxy for Moneystream, as I think it is the closer you could probably find to it.
Regards.

Eduardo
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Old Aug 15, 2006, 2:43pm   #5
Joined May 2005
Bollinger Bands tag

Quote:
Originally Posted by jensfrode
Hi!

Thanks Eduardo.

One more question about moneystream..which one of them would it be.
Is it the:
MoneyFlow Index (MFI PCF – 10-days).

If you have any more links about metastock-analyses-video.Please write to me.

Best regards
Jeru

Hi jensfrode

Me again; please click on the following link and read.
Intraday Intensity is designed to confirm Bollinger Bands tags!
http://finance.groups.yahoo.com/grou...s/message/1812
Hope this helps.

Eduardo.
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Old Aug 15, 2006, 4:16pm   #6
Joined Aug 2006
More help

jensfrode started this thread Im frustrated Eduardo:

im copy the formula for ms and bop and your last formula and i get a message :this is not a recognized name,constant or operator

What am i doing wrong.

And who do i get like a bar graf in tsv .Tsv working.

_____________________________________________
Use it as a proxy for Moneystream (what do you mean:-) ??


Dont give up on me :-)

Best wishes
Jeru
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Old Aug 15, 2006, 7:43pm   #7
 
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Bostian's Intraday Intensity Index

Jeru, if you copy & paste Eduardo's complete formula into MetaStock's Indicator Builder, you won't get any errors.

MetaStock -> Tools -> Indicator Builder -> New -> Copy & Paste enhanced indicator formula within PHP box below:


PHP Code:
Bostians Intraday Intensity Index }

User input }
pds:=Input("Volume summation periods",1,252,21); 

Intraday Intensity Index }
CloseRange:=(2*C-H)-L;
HiLoRange:=Max(H-L,.00001);
III:=Sum(CloseRange/HiLoRange*V,pds)/Sum(V,pds)*100;

Plot III in own window }
III 

jose -)
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Old Aug 15, 2006, 8:36pm   #8
Joined May 2005
Quote:
Originally Posted by jensfrode
Im frustrated Eduardo:

im copy the formula for ms and bop and your last formula and i get a message :this is not a recognized name,constant or operator

What am i doing wrong.

And who do i get like a bar graf in tsv .Tsv working.

_____________________________________________
Use it as a proxy for Moneystream (what do you mean:-) ??


Dont give up on me :-)

Best wishes
Jeru

Hi Jeru,

I meant “instead of”, ie., use Intraday Intensity instead of Moneystream; this is because Moneystream is a proprietary indicator, ie., the guy who designed it will not tell anyone how he did it, but Intraday Intensity is probably the next best thing you’ll find.
I’d like you to click here:
http://www.equis.com/Customer/Resour...as/Primer.aspx
and download the Formula Primer; print it; read it; read it again, and practice, because it contains a lot of info about developing your own indicators.
Also, you could do worse than to subscribe to MetaStock Tips & Tools newsletter, the gold standard in Metastock training; click here and judge:
http://www.metastocktips.co.nz/index.html
As for your question about the presentation of an indicator, read my post to you in the Equis Forum.

Eduardo
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Old Aug 15, 2006, 11:02pm   #9
Joined Aug 2006
The story goes on

jensfrode started this thread jose

I we done just like you said...but no...just coping and paste the code

or am i missing something:-(

Thanks for the help.
Jeru
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Old Aug 15, 2006, 11:20pm   #10
 
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Joined Aug 2006
Quote:
Originally Posted by jensfrode
I we done just like you said...but no...just coping and paste the code

or am i missing something
After copying & pasting the formula, you'll need to drag the new indicator from the Indicator QuickList window, and drop it on its own window below a chart.

For more information on basic MetaStock functions you'll need to consult your MetaStock manual.


jose '-)
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Old Aug 15, 2006, 11:44pm   #11
Joined Aug 2006
.......

jensfrode started this thread jose

I tell you what i do. i go to tools-indicator builder and new..Then i copying & pasting the formula inside the box from you..into indicator formula window, and when i shall ok it..then it say this is not a recognized name,constant or operator...and thats telling something with the code is wrong.or i shall put something in the code that i dont understand.i have done some formula right

Best regards
Jens-Frode

p.s it`s late but i cant sleep because of this:-))
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Old Aug 16, 2006, 12:41am   #12
 
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Jens, copy and paste the following indicator code inside the PHP box:
PHP Code:
CLOSE 
Now, drop the indicator on a chart.

Tell me the results.
If you have no problems with it, first get some sleep and then repeat this same process with the earlier indicator code, preferably in the morning!


jose '-)
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Old Aug 16, 2006, 1:22am   #13
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one more

jensfrode started this thread Thats was no problem Jose, but i cant with the other code

Jeru
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Old Aug 16, 2006, 1:27am   #14
Joined Aug 2006
jensfrode started this thread I we done another bollinge band code , its working fine

JERU
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Old Aug 16, 2006, 1:32am   #15
 
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Jeru, what error messages do you get when you attempt to Copy & Paste the code? And more importantly, where is the MetaStock text cursor located at that time?

And, are you sure that you've copied the complete code?


jose '-)
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