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Ultimate ROC by Pablo Bozzolo

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From: Paolo <italoarg76__at__yahoo.it>
To: <>
Date: Saturday, May 20, 2006, 11:25:58 PM
Subject: [EquisMetaStock Group] A Metastock Price Oscilator

Hi everyone!

My name is Pablo Bozzolo, italo-argentinean. I'd like to make a little contribution with my most simple but powerful indicator, a kind of price oscilator:


Ultimate ROC

{By Pablo Bozzolo (feb-2006)}

x:=Input("Number of periods:",3,200,12);
(CLOSE / (Mov(CLOSE,x,E) )) -1 ; {12 is the default}



U should buy at significant bottoms and sell at significant tops. It's really simple but It' works fine. (It can anticipate more than others price oscilators)

I hope to be able to exchange ideas and formulas with U.

Best regards,
Pablo

BTW: search of divergences in this indicator is good idea.

Source / From: TOP
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