StockFetcher Forums · Public Filter List · Forecast Oscillator<< >>Post Follow-up
nikoschopen
2,824 posts
msg #40722
Ignore nikoschopen
1/26/2006 5:32:29 PM

As of yet, Forecast Oscillator isn't available here at StockFetcher. But watcha know, wait no more. It's here to stay, courtesy of Yepher & co. The following filter is based on Forecast Oscillator(5) that crossed above the zero line from below, with the EMA(3) of Forecast Oscillator(5) for safely measures. Tushar Chande (the creator of forecast oscillator) suggested that plotting a 3-day MA trigger line of the Forecast Oscillator will give early warnings of trend reversal. Of course, you may change the numbers to customize ure very own.

Fetcher[
set{lri5, lri(5) one day ago}
set{lrs5, lrs(5) one day ago}
set{tsf, lri5 + lrs5}
set{fo2, close - tsf}
set{fo1, fo2 divided by close}
set{Forecast.Oscillator, fo1 * 100}
Forecast.Oscillator crossed above 0

set{MA3, cema(Forecast.Oscillator, 3)}

draw Forecast.Oscillator
and draw MA3 on plot Forecast.Oscillator
]






StockFetcher Forums · Public Filter List · Forecast Oscillator<< >>Post Follow-up

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