In the May 1998 issue of STOCKS & COMMODITIES, a Traders’
Tip provided MetaStock formulas for calculating support
and resistance levels and the WRO and WSO support and
resistance oscillators. The Traders’ Tip was based on my
article, “Automated Support And Resistance,” also in that
issue. Since then, I’ve received many E-mail messages from
STOCKS & COMMODITIES readers about it.
“How Smooth Is Your Data Smoother?” by Patrick E. Lafferty
in this issue reviews different types of moving averages,
including a sine-weighted moving average. The sine-weighted
moving average can easily be created in MetaStock 6.5 or
higher. In MetaStock, select Indicator Builder from the Tools menu.