V. 11:1 (55-55): Traders' Tips

V. 11:1 (55-55): Traders' Tips
Item# \V11\C01\TRADERS.PDF
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METASTOCK To recreate the stochastic momentum index, explained this month by William Blau, in MetaStock Professional, plot the custom formula (remember, this should all be on one line):



The parameters can be changed to any values desired.

The moving average menu may be used to plot a signal line as mentioned in Blau's article. After plotting the SMI, press [M] to access the moving average menu. Select an exponential moving average of the indicator. Choose whatever number of periods desired; Blau recommends a range of three to 12 periods (a nine-period signal line is used in Figure 1). ...

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