Forecast Oscillator

[maio60]

I'm a new user of eSignal.
Could you translate this formula from MetastocK To eSignal language and tell me where i have to insert it???

Enter Long:
Cross(opt1,ForecastOsc(CLOSE,opt3))

Close Long:
Cross(ForecastOsc(CLOSE,opt3),opt2)

Enter Short:
Cross(ForecastOsc(CLOSE,opt3),opt2)

Close Short:
Cross(opt1,ForecastOsc(CLOSE,opt3))

"opt3" represents the number of days inserted into the
forecast oscillator. I usually use three (3) to ten (10) for the forecast oscillator

Opt1 is the numeric value below a zero basis line that will trigger a long
position and close out the short

Opt2 is the numeric value above a zero basis line that will trigger a short sale

Thank You

[Guest]

I am not familiar with the metastock code, but it is more difficult than it seems. Please take a look at the Fileshare area and perform a text search on Forecast Oscillator and see if any of the code there is similar. That will give you a base to build upon (there will be 4 pages)

[overhere2000]

forcast oscillator

hi,

the formula looks like this:

indicator Forecast_Oscillator;
input price = close, period = 5, signal_period = 3;
draw line("FO"), line_signal("FO sig");
vars tsf(series), i(number);
begin
tsf := linreg(price, period) + linregslope(price, period);
for i := front(tsf) + 1 to back(tsf) do
line[i] := 100 * (price[i] - tsf[i - 1]) / price[i];
line_signal := ema(line, signal_period);
end.

i haven't tried to convert to javascript, but if somebody wants then we all can drop it in the fileshare area.

/th