Double Stochastic 10

[are71]

Would it be possible to convert this Metastock formula (Double Stochastic10) into esignal's efs with buy, sell alerts.

(Buy signal when red line cross above 20, sell signal when red line cross below 80)

Thanks

Al Ergul


Period:= 10;
denom1:= If(HHV(H,Period)-LLV(L,Period)>0, HHV(H,Period)-LLV(L,Period), 1);
P1:= Mov(((C-LLV(L,Period))/ denom1)*100,3,E);
denom2 := If(HHV(P1,Period)-LLV(P1,Period)>0, HHV(P1,Period)-LLV(P1,Period), 1);
Mov(((P1-LLV(P1,Period))/denom2)*100,3,E)

[DuaneG]

Are71,

Setting the EFS to give buy and sell signals is the "easy" part of this process. You can have it alert you based on sounds, emails, graphics...whatever you prefer. The trick is converting the existing Metastock formula into EFS. You may want to go through the different areas of the EFS Help Center and Knowledge Base to get a better understanding if this is something that you would like to take on personally. If you would rather have some professional help with it, you can also contact one of the EFS Consultants that work with eSignal formulas on a regular basis. They are typically fee based, so this is something to consider if you choose to outsource the coding.

[Lancer]

are71, that study looks like a double smoothed stochastic. If that's correct, you can get that efs here (see bressertnew.efs): http://share.esignal.com/groupconten...r=&groupid=165

That file will display the study in a study pane, but doesn't display the arrows in the price pane.


In edit:
Nope, that's a different formula.