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ZlagemaNZ

ZlagemaNZ

* To: <metastock@xxxxxxxxxxxxx>
* Subject: ZlagemaNZ
* From: "Lionel Issen" <lissen@xxxxxxxxxxxxxx>
* Date: Sun, 11 Nov 2001 08:50:17 -0600
* Reply-To: metastock@xxxxxxxxxxxxx
* Sender: owner-metastock@xxxxxxxxxxxxx

I found this indicator "ZlagemaNZ" in my list of indicators.

Usually when I copy a posted indicator I include some documentation, this time I didn't.
Can anyone tell me what this is supposed to measure and its reliability.

Lionel Issen

Here is the formula:

 


ZlagemaNZ

N:=10;
TN:=Mov(CLOSE,N,S);
s1:=((n-1)/2)*C+((n-3)/2)*Ref(C,-1)+((n-5)/2)*Ref(C,-2)+((n-7)/2)*Ref(C,-3)+
((n-9)/2)*Ref(C,-4)+((n-11)/2)*Ref(C,-5)+((n-13)/2)*Ref(C,-6)
+((n-15)/2)*Ref(C,-7)+((n-17)/2)*Ref(C,-8)+((n-19)/2)*Ref(C,-9);
y2:=TN+(6*S1)/((n+1)*n);
y2

 

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