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V14:2 (91-94): Traders' Tips
V14:2 (91-94): Traders' Tips
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TRADERS TIPS
METASTOCK FOR WINDOWS
To create a MetaStock chart containing the indicators discussed in Dennis Meyers's article, you must first collect data for the Standard & Poor's 500, the Dow industrials, advancing issues, declining issues, new highs and new lows. After collecting this data, you need to create a composite security of advancing issues and declining issues in The DownLoader. To create the composite, choose new and then composite from the file menu in The DownLoader. Next, choose advancing issues as the primary symbol, declining issues as the secondary symbol, subtract as the operation and then enter a name for the composite security.
Start MetaStock and load charts for the advancing issues-declining issues composite, the S&P 500, the Dow industrials, new highs and new lows. Choose tile from the window menu or from the toolbar so all charts are visible. Click on the indicator builder button and enter the following three indicators:
METASTOCK FOR WINDOWS
To create a MetaStock chart containing the indicators discussed in Dennis Meyers's article, you must first collect data for the Standard & Poor's 500, the Dow industrials, advancing issues, declining issues, new highs and new lows. After collecting this data, you need to create a composite security of advancing issues and declining issues in The DownLoader. To create the composite, choose new and then composite from the file menu in The DownLoader. Next, choose advancing issues as the primary symbol, declining issues as the secondary symbol, subtract as the operation and then enter a name for the composite security.
Start MetaStock and load charts for the advancing issues-declining issues composite, the S&P 500, the Dow industrials, new highs and new lows. Choose tile from the window menu or from the toolbar so all charts are visible. Click on the indicator builder button and enter the following three indicators:
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