Difference between revisions of "Derivative Moving Average"
Jump to navigation
Jump to search
(Created page with "Article/Author: Stocks&Commodities Magazine, Traders Tips, 02/1997 '''TAI FUNCTION CODE''' <SYNTAXHIGHLIGHT> INPUT: PRICE(NUMERIC),AVGLEN(NUMERIC),TAILEN(NUMERIC); TAI = (...") |
|||
| Line 18: | Line 18: | ||
IF MARKETPOSITION = 1 AND TAI(PRICE, AVGLEN, TAILEN) CROSSES BELOW EXITLEV THEN SELL THIS BAR ON CLOSE; | IF MARKETPOSITION = 1 AND TAI(PRICE, AVGLEN, TAILEN) CROSSES BELOW EXITLEV THEN SELL THIS BAR ON CLOSE; | ||
</SYNTAXHIGHLIGHT> | </SYNTAXHIGHLIGHT> | ||
| − | [[Category:Signals]] | + | [[Category: Additional Signals]] |
Latest revision as of 17:48, 16 October 2013
Article/Author: Stocks&Commodities Magazine, Traders Tips, 02/1997
TAI FUNCTION CODE
INPUT: PRICE(NUMERIC),AVGLEN(NUMERIC),TAILEN(NUMERIC);
TAI = (HIGHEST(AVERAGE(PRICE,AVGLEN),TAILEN)- LOWEST(AVERAGE(PRICE,AVGLEN),TAILEN))*100/CLOSE
DERIVATIVE MOVING AVERAGE SIGNAL CODE
INPUT: PRICE(CLOSE),AVGLEN(28),LOWLEN(4),TAILEN(5),EXITLEV(.4);
IF MARKETPOSITION = 0 AND AVERAGE(PRICE, AVGLEN)[1] = LOWEST(AVERAGE(PRICE, AVGLEN),LOWLEN)[1] THEN BUY THIS BAR ON CLOSE;
IF MARKETPOSITION = 1 AND TAI(PRICE, AVGLEN, TAILEN) CROSSES BELOW EXITLEV THEN SELL THIS BAR ON CLOSE;
