V13 (316-318): Traders' Tips by Technical Analysis, Inc.

V13 (316-318): Traders' Tips by Technical Analysis, Inc.
Item# \V13\C07\TRADTIP.PDF
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V13 (316-318): Traders' Tips by Technical Analysis, Inc.


The projection bands and other indicators discussed in "Signaling change with projection bands" can easily be implemented in MetaStock for Windows. To create these indicators, enter the following custom indicators in the indicator builder:

Slope of high (14 period regression line of High):

((14 * (Sum( Cum(1) * HIGH, 14))) - (Sum( Cum(1), 14) * ( Sum(HIGH, 14)))) /

((14 * Sum( Pwr( Cum(1), 2), 14)) - Pwr( Sum( Cum(1), 14), 2)) ...

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