Barnes' Acceleration for Metastock
The Barnes’ Acceleration measures rate of price change as opposed to price levels
If the Barnes’ Acceleration sustains the value of -1 for many days then the security may be ready to show strong trend or it may already be trending. Examine the chart for prolonged values at -1. This may indicate an upcoming stall or turnaround. The number of days needed may be different depending on the type of issue. A utility stock may need to sustain the -1 level for 10 days whereas a highly volatile technology stock may need to sustain the -1 trend for as little as 5 days.
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Indicator / Formula
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DaysM:=Input("Enter periods:",2,100,14);
BA:=Mov( (C-Ref(C,-1) ) / Ref(C,-1), DaysM ,E);
If( Mov( ((BA - Ref( BA ,-1) ) ) ,20 ,E) > 0.0001 ,1,
If( Mov( ((BA - Ref( BA ,-1) ) ) ,20 ,E) < -0.0001 ,-1 ,0))0 comments
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