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Directional Trend Index
Re: William Blau

. To: metastock@xxxxxxxxxxxxx
. Subject: Re: William Blau
. From: Robert Lambert <lambertb1@xxxxxxxxx>
. Date: Fri, 20 Aug 1999 13:51:39 -0700 (PDT)
. Reply-To: metastock@xxxxxxxxxxxxx
. Sender: owner-metastock@xxxxxxxxxxxxx

--- Plastodon@xxxxxxx wrote:

> Does anyone have the Metastock code for all of the indicators mentioned by
> Bill Blau in his book Momentum, Direction, and Divergence? They don't seem
> to be on the metastock site.

Here are 3 I translated for my personal use...

Directional Trend Index

HMU:=If((HIGH-Ref(HIGH,-1))>0 ,(HIGH-Ref(HIGH,-1)),0 );
LMU:=If((LOW-Ref(LOW,-1))<0 ,-(LOW-Ref(LOW,-1)),0 );
rr:= Input("first smoothing r" ,1 ,100 ,25 );
ss:= Input("second smoothing s" ,1 ,100 ,13 );
uu:= Input("third smoothing u" ,1,100,1);

Numerator:= 100*Mov(Mov(Mov(Result,rr,E),ss,E),uu,E);
Denominator:= Mov(Mov(Mov((Abs(Result)),rr,E),ss,E),uu,E);
If(Denominator<>0 ,Numerator/Denominator ,0 );


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