Recent content by Austrader

As a follow up to the previous emails, I'm in the process of doing some major maintanence work to the Paritech education centre, which includes Metastock formulae among many other things. I'm in the process of editing the formulae, and as an added value service, the user will have the...

My book is independant of the Paritech web site, which isn't administered by me. I will follow up though. Cheers for the pointer! Austrader

Certainly! Austrader

I would be interested in getting a Meta formula language thread going, I'd even be happy to administer it (I also use OmniTrader, but don't see much value in it having it's own thread bar for various models that people have built as well as daily picks and commentaries). Personally, I think...

One formula which users consistently ask me for is based on Chris Mannings entry criteria of 10 day EMA crossing above 20 day EMA while 21 day RSI is above 50. It's definetely not the be all and end all of formulae, but, it can be used to identify breakout or trend continuation activity...

Agree, It's important for traders to understand groupings of indicators. Whereas there are brilliant oscillators for ranging markets, so to are there excellent lagging indicators for trend based markets such as Parabolic SAR. For example, note how well stochastic crossovers work in a...

Anytime!

DRAX, Use the following formulae: Open Long: H=HHV(H,20) Close Long: L=LLV(L,10) Open Short: L=LLV(L,20) Close Short: H=HHV(H,10) Regards, Austrader

I don't know if this will work, but I've attached a copy of the FTSE100 with a Parabolic SAR applied. Straight from my Metastock program. Cheers, Austrader

darth, I too have used John Murphy's CPR in the past. On the odd occasions that it does identify chart patterns, they are certainly definitive patterns. One small qualm I have though is that I do truly believe that it is near impossible to mathematically quantify all permutations of a group of...

Hi all, After reading through the post on Metastock, it seemed clear to me that the limitation that users are experience is focussed solely on the Metastock formula language. I would firstly like to point current Metastock users in the direction of a number of resource bases where a multitude...