Larry William's Indicator Required

[nishant]

Hello Everyone,

Can anyone please help me in building indicators for metastock? They all are of Larry Williams. I need help for the following 4 indicators - "WillVal", "Commercial Proxy", "LW Sentiment" & "ProGo". (Primarily WillVal)
Please, if someone who could decode them. Thank you.

Regards,

Nishant Somani

[Knyyt]

WillVal() = Stochastic Custom (WillSpread (Expression , Short Term Avg , Long Term Avg , Show Initial Bars) , Lookback Bars)

WillSpread() = MovingAvgX (100 * Close / Expression , Short Term Avg , Show Initial Bars) - MovingAvgX (100 * Close / Expression , Long Term Avg , Show Initial Bars)

[Knyyt]

Pro-Go III

pds:=21;
public:=Mov(O-Ref(C,-1),pds,E)*200;
pro:=Mov(C-O,pds,E)*200;
public;
pro;
0

[walterw]

Knytt : do you know how would that be for Tradestation ? cheers Walter.

[Knyyt]

Sorry walter, i do not.

[nishant]

Thanks a lot Knytt. I'll try with that.

[nishant]

Hello Knytt. I was unable to understand the generic terms and subsequently was unable to apply it in metastock format as i realised that the coding that you have given is in the format that the software "Trade Navigator" (Genesis) understands.
Can you translate the given formula into Metastock ones as i use the latter as my trading software.
Thanks!

[Knyyt]

Nishant,

Which version of metastock are you on?

Knyyt..

[nishant]

Actually Knytt, i use 2 different versions of Metastock. Version 7.0 for RealTime Trading and Version 8.0 for EoD Analysis. So i need for both basically. I'm tryin hard making all the indicators especially WillVal. I feel its an exceptionally nice indicator.
Actually i happen to attend Larry Williams Seminar. So got exposure to all the indicators he uses. I'll collect and give you soon the data as regards the settings which Larry uses (if in case you dont know) required to make WillVal indicator. Will search my notebook soon and provide you.

Nishant

[insideday]

	Quote:	walterw
	Knytt : do you know how would that be for Tradestation ? cheers Walter.

@Walter

This is the code in Tradestation, but dont ask me what data1 and data2 is.

Inputs: Price(Close of Data1/Close of Data2),Len1(22), Len2(2), Len3(365), Buyzone(20), Sellzone(75); Value1 = XAverage(Price*100,Len1); Value2 = XAverage(Price*100,Len2); Value3 = Value1 - Value2; Value4 = (Value1-Value2) - Lowest(Value3,Len3); Value5 = Value4 / Highest(Value3,Len3) - Lowest(Value3,Len3); Plot1(Value5, "Wil-Val"); Plot2 (BuyZone,"BuyZon"); Plot3(SellZone,"SellZon");