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Chande's Vidya with Bands
Re: Vidya

* To: metastock@xxxxxxxxxxxxx
* Subject: Re: Vidya
* From: ClaudB@xxxxxxx
* Date: Mon, 10 Aug 1998 17:47:19 EDT
* Reply-To: metastock@xxxxxxxxxxxxx
* Sender: owner-metastock@xxxxxxxxxxxxx

Dave

Here's the formula to create Chande's Vidya with Bands for MS 6.5. If that's not what you're looking for let me know.

Claud

[6978]

Chande's Vidya with Bands

Length:=Input("Length",1,200,21);
Smooth:=Input("Smoothing",1,200,5);
AbsCMO:=(Abs(CMO(C,Length)))/100;
SC:=2/(Smooth+1);
VIDYA:=If(Cum(1)<=(Length+1),C,(SC*AbsCMO*CLOSE)+(1-(SC*AbsCMO))*PREV);
upperband:=1.01*VIDYA;
lowerband:=.99*VIDYA;
VIDYA;
upperband;
lowerband;

 

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