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StTO Oscillator
----- Original Message -----
From: Angel Ibarra <ibarra@xxxxxxxxx>
To: <metastock@xxxxxxxxxxxxx>
Sent: Wednesday, June 23, 1999 2:02 AM
Subject: Re: StoRSI S&P Tracker

> Adam,
> I am rather new to this list and I do not know all the indicators that
> you mention. Can anyone tell me what is the StTO (short-term trend
> oscillator)?
> Thanks a lot
> Angel

Re: StoRSI S&P Tracker

· To: <metastock@xxxxxxxxxxxxx>
· Subject: Re: StoRSI S&P Tracker
· From: "VonHef" <VonHef@xxxxxxxxxxxxx>
· Date: Wed, 23 Jun 1999 18:32:25 -0500
· Organization: Microsoft Corporation
· References: <03015523449771@xxxxxxxxxxxx>
· Reply-To: metastock@xxxxxxxxxxxxx
· Sender: owner-metastock@xxxxxxxxxxxxx


The StTO is really nothing unique. It is basically a momentum indicator and plots very similar to the "Chande Momentum Oscillator" with the main difference being the "StTO" doesn't seem to swing as far as the CMO.
I am not sure how the math is calculated for the CMO,but the (basic) math for the StTO is:

(Close - Yesterday's Close) / (H-L)

Here is the MetaStock code I use:

StTO - Short-term Trend Oscillator

Lb:=Input("Smoothing Period?",1,60,5);


Source / From: TOP

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