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Flat Market Indicator (FMI) for Metastock
Rating:
2 / 5 (Votes 3)
Tags:
metastock
Indicator useful to identifies possible congestions
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Indicator / Formula
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per1:=Input("Period",1,200,3); MMA:=Mov(C,per1,E); SMMA:=Mov(MMA,per1,E); IMPETMMA:=MMA - Ref(MMA,-1); IMPETSMMA:=SMMA - Ref(SMMA,-1); DIVMA:= Abs(MMA - SMMA); AVERIMPET:= (IMPETMMA+IMPETSMMA)/2; TDF:= Power(DIVMA,1)*Power(AVERIMPET,3); NTDF:=TDF/HHV(Abs(TDF),per1*3); 0.05;Abs(ntdf);
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not working
please compleate this indicator
thanks