indicator for metastock required: RAVI

amarinrit · #1 17th May 2008, 12:48 AM

friend,

i want RAVI indicator in metastock. its formula is

RAVI = 100 * (SMA (7) - SMA (65)) / SMA (65)

u can read information on
$ http://translate.google.com/translat...gleSuggestBeta $
{ page translated from russian to english}

i got this indicator for trade station

Type : Function, Name : RAVI

input:
price(numericseries),
fast(numericsimple),
slow(numericsimple);

value1=average(price,fast);
value2=average(price,slow);
RAVI = absvalue(100*(value1-value2)/value2);

Type : Indicator, Name : Chande's RAVI II

input:
price(C),
threshold(3),
fast(5),
slow(65);

plot1(RAVI(price,fast,slow),"RAVI");
plot2(threshold,"threshold");

Thanks in advance

darsh_goswami · #2 20th May 2008, 05:30 PM

Quote:

Originally Posted by amarinrit

friend,

i want RAVI indicator in metastock. its formula is

RAVI = 100 * (SMA (7) - SMA (65)) / SMA (65)

u can read information on
$ http://translate.google.com/translat...gleSuggestBeta $
{ page translated from russian to english}

i got this indicator for trade station

Type : Function, Name : RAVI

input:
price(numericseries),
fast(numericsimple),
slow(numericsimple);

value1=average(price,fast);
value2=average(price,slow);
RAVI = absvalue(100*(value1-value2)/value2);

Type : Indicator, Name : Chande's RAVI II

input:
price(C),
threshold(3),
fast(5),
slow(65);

plot1(RAVI(price,fast,slow),"RAVI");
plot2(threshold,"threshold");

Thanks in advance

I think ur looking for this ,..

v1:=mov(c,7,s);
v2:=mov(c,65,s);

RV:=100*(v1-v2)/v2;
RV;

Best luck ,.. and plz do refer metastock formula language.

Regards,..
Darsh