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Rate of Change Since a Specific Date
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1344 |
| Added: December 14, 2007 |
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| Tags:
MetaStock, indicator
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The following formula plots a percent rate of change between a specific date and today.
The user is prompted for the specific date. This will only work in MetaStock™ for Windows 95/NT version 6.5 (orhigher) or in MetaStock Professional.
Construct the formula in the Indicator Builder, giving it the name shown belowin bold.
Once the indicator has been created, you can drag it out of the Indicator Quicklist for placement in an inner-window of your chart.
Code:
Rate of Change Since a Specific Date
Day1 := Input("Day",1,31,4);
Month1 := Input("Month",1,12,1);
Year1 := Input("Year",1900,2400,1999);
100 * (CLOSE - ValueWhen(1,DayOfMonth() = Day1 AND Month() = Month1
AND Year() = Year1, CLOSE))/ ValueWhen(1,DayOfMonth() = Day1
AND Month() = Month1 AND Year() = Year1,CLOSE)
Author: John Slauson
Source: http://www.equis.com
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