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Derivative Moving Average

678 bytes added, 13:26, 14 October 2013
Created page with "Article/Author: Stocks&Commodities Magazine, Traders Tips, 02/1997 '''TAI FUNCTION CODE''' <SYNTAXHIGHLIGHT> INPUT: PRICE(NUMERIC),AVGLEN(NUMERIC),TAILEN(NUMERIC); TAI = (..."
Article/Author: Stocks&Commodities Magazine, Traders Tips, 02/1997

'''TAI FUNCTION CODE'''

<SYNTAXHIGHLIGHT>
INPUT: PRICE(NUMERIC),AVGLEN(NUMERIC),TAILEN(NUMERIC);

TAI = (HIGHEST(AVERAGE(PRICE,AVGLEN),TAILEN)- LOWEST(AVERAGE(PRICE,AVGLEN),TAILEN))*100/CLOSE
</SYNTAXHIGHLIGHT>


'''DERIVATIVE MOVING AVERAGE SIGNAL CODE'''
<SYNTAXHIGHLIGHT>
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;
</SYNTAXHIGHLIGHT>
[[Category:Signals]]

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