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Stocks & Commodities V. 25:10 82-89) Traders' Tips by Technical Analysis, Inc.

Stocks & Commodities V. 25:10 82-89) Traders' Tips by Technical Analysis, Inc.

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Traders Tips by Technical Analysis, Inc.

TRADECISION: ACCUMULATED RANGE RATIO INDICATOR

Editors note: Code for Tradecision is already included in Dima Vonko article in this issue, Tandem Studies On Market Movement. The code in Improvian language implements the parameter values for the primary phase (the trend), secondary phase (the correction), and resulting ratio. The code can be used directly in Tradecisions Phase Rover.

METASTOCK: ACCUMULATED RANGE RATIO INDICATOR

Dima Vonkos article in this issue, Tandem Studies On Market Movement, describes the calculation and use of the accumulated range ratio indicator for bull markets. The formula for this indicator and the instructions for adding it to MetaStock follow. To enter these indicators into MetaStock: 1. In the Tools menu, select Indicator Builder. 2. Click New to open the Indicator Editor for a new indicator. 3. Type the name of the formula. 4. Click in the larger window and type in the formula. 5. Click OK to close the Indicator Editor.
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