MetaStockTools.com

Imagine living in a world where all distance was measured with a tape that shrank year after year, and almost everyone there believed that this shrinking tape was an immutable and absolute constant, something which all could be reliably measured against.
In this world based on an inconsistent base value we would now have "distance inflation" - original distances in 2002 would be perceived to be much longer a few years later, as our universal measuring yardstick shrunk with time.

Sounds crazy, no? Well, imagine no further:

Welcome to our shrinking USD-based financial world
The US dollar has been universally perceived as an absolute yardstick - most of the world's wealth has been measured against it since the end of WWII.

Yet, the mighty USD is a fiat currency, a shrinking electronic/paper debt-based representation of wealth, with nothing but public trust and good faith to back its perceived value. The debt-based USD is only worth as much as any other promissory paper note, and its worth has been excessively diluted and debased continually by the US Federal Reserve Bank as it continues to "print" more USD notes (and the US government continues to "borrow") at an alarmingly accelerating pace, well beyond US GDP rates. A year 2002 USD is a very different dollar to one today.

The true value of the US dollar cannot be reliably measured against other currencies either, as those paper notes are also going through a similar devaluation process as shown in the currencies vs Gold table above. Measuring the USD's value against other paper currencies is akin to measuring a car's speed relative to other moving vehicles - a dangerous distraction.

A truer and objective measurement of the USD's real value would be its real purchasing power at any given time.
The USD Value Index chart shown above is basically a realistic measurement of the greenback's (steadily decreasing) purchasing power, a measure of the US dollar's buying power against a small but essential basket of leading commodities:

Gold - a real and stable currency.

Putting aside temporary market fluctuations, Gold is as close to an absolute and constant measurement of wealth over time as can be found. It is a precious commodity that can neither be artificially created nor destroyed.

It has been proposed by one author that at the time of Caesar Augustus (first Roman Emperor 2,000 years ago), an ounce of Gold would buy a fine toga, sandals and a sash.
At the end of the American Revolutionary War (1783), an ounce of Gold would buy a good tailored suit, a pair of shoes and a belt.
At the end of the Spanish-American War (1898), an ounce of Gold would buy the same items.
At the end of the Second World War (1945), the same.
Nowadays, well after the end of the Cold War, an ounce of Gold will buy the same goods.

In 1908 a basic US tradesman's weekly salary was approx US$25 or 1.2oz Gold - in 2008 it is approximately $900-$1000, or 1oz Gold. 80 years ago, a Model-T Ford cost US$300, or 15oz Gold - now a 2008 Ford Focus is priced at around US$14,000, or 15oz Gold.

The same goods and services that are bought today for $100 would (if they were available then) be paid for with $4 in 1913. The US dollar today is not worth a 1913 nickel.

In other words, in terms of buying power, Gold retains its purchasing value over time - its price rising at a rate roughly on par with the devaluation of the USD paper currency.
Gold has truly withstood the test of time - realistically it is the best long-term hedge against monetary devaluation (i.e. inflation).

Oil:
Currently a most essential source of energy - civilization as we know it would cease to exist without it. Most of society's goods and services depend on oil to a large extent.

Wheat:
One of the major sources of food (and essential ingredient in many foodstuff items) for an increasingly hungry world.

USD Value Index: (RoC%(USD/Gold)+RoC%(USD/Oil)+RoC%(USD/Wheat))/3

So, what does the USD Value Index mean in real terms?
• Since the start of 2002, the USD's real purchasing power has dropped to a quarter of its former value.
$1,000 saved in Jan 2002 only buys around $250 worth of essential commodities in 2008.

• The US stock market's true worth is much lower than generally perceived by the public.
To compensate for a devalued US dollar, the Dow Jones index should now (2008) be trading at around 20,000 just to stay on even terms.

• Prices go up as a result of inflation, and not the other way around.
Price inflation as generally re-defined in today's terms, has little or no relevance to the real and original meaning of monetary inflation. There are basic but important distinctions between real and nominal prices - more on these issues here.

• The US's real monetary inflation (i.e. currency devaluation) is being massively under-reported as price inflation, and in reality is now around 12%pa. This is consistent with the explosive growth in US$ money supply. Cheap Chinese goods and lower (exported) wages also contribute to the everyday illusion of low "price inflation".

The bottom line is that storing wealth in USD-based assets (or in any other paper-based currency) is a sure path to eventual total loss of wealth, courtesy of the central banks' invisible tax, monetary inflation.

Now that the US Federal Reserve Bank has stopped publishing money supply data (M3), relative measures such as the USD Value Index have become an essential yardstick. Visit MetaStockTools.com's daily-updated charts and tables, and watch history unfold as the USD's value drops rapidly in real terms.

Related links
Money Basics - what it is, how it works.

Inflation: What the heck is it?

How currency devaluation destroys wealth - Henry C K Liu, New York-based private investment group chairman.

The Road to HyperInflation - Fed helpless in its own crisis, parts II & III - Henry C K Liu, Jan/Feb 2008.

The Wizard of Bubbleland - Alan Greenspan's legacy - Henry C K Liu, Sept 2005.

Why I'm not buying the U.S. dollar - Warren E. Buffett, Oct 2003.

The Creature from Jekyll Island - the sad reality of our monetary system (172Mb mp3 audio)

The End of Dollar Hegemony

The US is insolvent

The USD printing press is privately owned

Five major trends reshaping the world economy

An anatomy of bear markets

What the 'Subprime' mess is really about

Chaos Chronicled - the world's financial crisis, how it happened.

US banking system teetering on the brink of collapse - Jan 2008.

German state-owned banks on verge of collapse - Feb 2008.

Why the global financial system will eventually collapse

The Real Credit Crisis Explained

Twelve steps to meltdown

Panic dumping of dollar and hyperinflation loom

Root causes of hyperinflation

I have $100,000,000,000 and yet I can't retire

Hyperinflation around the world

Zimbabwe introduces $100,000 note - May 2006, inflation 1,000%pa
Zimbabwe introduces $200,000 note - July 2007, inflation 4,500%pa
Zimbabwe introduces $750,000 note - Dec 2007, inflation 66,000%pa
Zimbabwe introduces $10 million note - Jan 2008, inflation 100,000%pa

The only certainty is uncertainty

All information provided on this website is for educational purposes only, and not for the purpose of encouraging or soliciting investment.

The author is not a licensed investment advisor, and therefore cannot give advice pertaining to any financial instrument including equities, derivatives or futures.

Please note that any published trading results are not recommendations to buy or sell, and that past results are not indicative of future performance.

There is no guarantee that data updates on this site will be made in a timely manner.

Some final thoughts...

Avoid processing more information than you can digest:
it is better to know less and understand more.

Data is not information until it has been collected, collated and organized.

Information is not knowledge until it is absorbed and comprehended.

Knowledge is not understanding nor wisdom, until it is associated with life experience and given perspective.

Data --> Information --> Knowledge --> Insight

Some famous quotes...

"Success is not a destination, it's a journey."
Zig Ziglar

"Success is never certain. Failure is never final."
Robert Schuller

"Failure is opportunity in disguise."
Unknown

"Dilute simplicity, and it becomes complex."
William Schamp

"Victorious warriors win first and then go to war,
defeated warriors first go to war and then seek to win."
Sun-Tzu (~400 BC)

Except for personal use, no part of this website nor any of its contents may be reproduced in any form
or by any means, without prior written permission from the author.

	• Indicators
2-point plot	- coding example of 2-point, x/y line plot - useful for creating automatic chart trendlines
TrendLine	- adjustable automatic trendline
TrendLine-dates	- date-adjustable chart trendline
Benchmark trendline	- plots a performance benchmark trendline based on a fixed % yearly growth rate - with several user inputs
LinReg Trendline v4	- Linear Regression Trendline with Standard Deviation/Error Channels/Bands, date-adjustable
ADX - True - v2.0	- true ADX/PDI/MDI, incorporating automatic Support/Resistance levels.
ATR - true & reverse	- true, reverse & MetaStock versions of smoothed/normalized Average True Range indicator
Bar Stats	- displays chart data bar statistics, with multiple output choices
BarsSince Nth event	- counts bars since Nth event (last event, 2nd last, etc), with multiple output choices
Boxed Ellipse	- draws boxes based on high & low of selected period, and draws ellipses within them
Display restriction	- restricts any indicator plot to selected date period
Dynamic Mom Index	- improved & fully adjustable Dynamic Momentum Index
Ergodic Oscillator	- two Ergodic versions, histogram, auto overbought/sold levels & crossover signals output choices
EMA	- improved Exponential Moving Average with crossover signals output choice
EMA-ATR	- ATR volatility-adjusted, dynamic-period EMA with multiple output choice
EMA-BB	- Bollinger Band volatility-adjusted, dynamic-period EMA with multiple output choices
EMA-breakout	- Breakout-sensitive EMA - reacts quicker (tightens) at price breakouts. With multiple output choices.
EMA-cycle	- cycle-adaptive EMA - periodicity determined by historical price cycles
EMA-filtered	- EMA, price-change filtered. Ignores prices outside min/max % price-change zone.
EMA-pivotal	- EMA based on trough/peak support/resistance points - reacts quicker (tightens) at price turning points
EMA-RSI	- RSI volatility-adjusted, dynamic-period EMA with multiple output choices
EMA-slope	- EMA synthetic slope indicator
EMA trade-adj	- self-adjusting EMA, adjusts periodicity to trade frequency - with multiple output choices
EMA-volatility	- price volatility-adjusted, dynamic-period EMA with multiple output choices
EMA-volume	- improved volume-adjusted, dynamic-period EMA with multiple output choices
EMA-volume II	- samples above/below-avg volume bars - two EMA versions, with multiple output choices.
MA, centered v4	- uses forward-referencing to center Mov Avg automatically, and projects future values & channels
MA, sine-weighted	- normalized, lag-less, sine-weighted Moving Average, MA oscillator, with divergence signals
MA, phased	- non-adaptive approximation of Mark Jurik's Moving Avg, with band signals and other options
Highs/Lows	- plots the highest High & lowest Low within selected calendar (daily charts) or time (intraday) periods
Keltner Bands	- Keltner & Bollinger Bands, fully adjustable with multiple output choices
LinReg formulae	- Linear Regression Indicator/Slope formulae
LinReg Slope	- Linear Regression synthetic slope, displays output in 0~100% or 0~90 degrees
MACD	- normalized MACD % & histogram, +/-100%, with multiple output choices
MACD oscillator v2.0	- Stochastic-normalized MACD oscillator / Schaff Trend Cycle, multiple output choices, signals
MACD composite	- normalized MACD oscillator based on composite multi-EMA's - with auto over-bought/sold levels
Momentum	- normalized Momentum +/-100%, with trigger signals
Momentum smoothed	- lag-less, LRS-smoothed normalized Momentum
Normalize	- normalizes price/indicator to 0~100% boundary oscillator; normalizes two unrelated plots to same scale.
Nth Hi/Lo	- plots 1~8th highest/lowest indicator values
Null bar removal	- removes leading/trailing null (N/A) bars from any plot
OHLC - Daily	- Daily Open/High/Low/Close (current or previous day's) for intraday charts
OHLC - Weekly	- true weekly Open/High/Low/Close/WC/Typ for daily/intraday charts, independent of any missing data
OHLC - multi charts	- Daily/Weekly/Monthly/Yearly previous Open/High/Low/Close for any periodicity charts
Pip size detector	- detects the historically smallest traded price movement (pip) on a chart - useful for forex trading
Rainbow oscillator	- identical to MetaStock v10's RMO SwingTrd1 indicator, fully adjustable variables & two types of signals
RoC multi-period	- Rate of Change (RoC %/$) for daily/weekly/monthly/quarterly/yearly periodicities
RoC since event/date	- Rate of Change since user-defined event or date, fully adjustable outputs
RoC-MACD	- Rate of Change of MACD-type indicator - with automatic over-bought/sold levels
Rounding	- rounds off any numerical value to nearest specified decimal place or integer
RSI-smooth	- sine-weighted smoothed RSI, automatic historically-valid RSI peak/trough boundaries & signals
RSI-Stoch	- RSI, Stochastic-normalized with multiple output choices
Schaff Trend Cycle	- Schaff Trend Cycle oscillator & indicator, with automatic trigger levels
Signal accumulator	- accumulates OBV or Volume (or any other signal) between & including two user-input dates or signals
Siroc x2	- two interpretations of the Siroc indicator, with trigger & automatic over-bought/sold signals
Stepped output	- plots price or indicator values in user-defined quantized $ or % steps
Support/Resistance	- plots Support & Resistance levels based on two types of Peaks/Troughs, fully adjustable
SynthGen	- 5-wave synthetic cycle generator - creates complex price patterns from simple sine wave components
TEMA	- multiple-type Triple Moving Average (TEMA), fully adjustable output
TSI	- True Strength Index, fully adjustable & with automatic over-bought/sold levels.
Turnover $	- measuring $ turnover makes more sense than comparing Volume - multiple outputs
UpDown Oscillator	- measures Up/Down bar count against unchanged bars. With automatic over-bought/sold levels and signals
Swing Volume	- Averages Volume along Up/Downside swings - with multiple output choices
Weekly EMA/SMA	- true weekly EMA/SMA & trigger signals for daily/intraday charts. Independent of any missing data.
Weekly MACD	- true weekly MACD/Histogram for daily/intraday charts. Plot independent of any missing data.
Yearly Hi/Lo	- yearly High & Low, with multiple output choices.
Yearly Hi/Lo dates	- yearly High & Low signals, and corresponding dates in dd/mm/yy format.
YTD Hi/Lo v3	- true YearToDate Highs & Lows - choice of values, signals, selectable Nr of lookback days/weeks.
Yearly RoC	- yearly Rate of Change (RoC), with multiple output choices.
ZigZag toolkit	- complete ZigZag-based toolkit - allows use of points in Peak/Trough functions. With multiple output choices.
ZigZag - Hi/Lo	- ZigZag based on High/Low data. With multiple output choices.

	• Calendar-based reference indicators
Lunar phases Mk XII	- the original and unique MetaStock Lunar indicator - plots accurate Full/New/Q1/Q4 Moon signals
Calendar Converter	- converts chart bar periods to calendar Days/Weeks and vice versa.
Calendar Calculator	- calculates/counts future/past calendar days/weeks from current chart data date
Calendar day Ref()	- similar to MetaStock's standard Ref() function, uses x calendar days (from last day) for lookback
Day counter	- calendar day counter from 01/01/0001 - count is independent of any missing chart data
Day of Year counter	- calendar day of year counter - count is independent of any chart periodicity or missing data
DaysSince	- similar to the BarsSince() function: plots calendar day count since the last Nth event occurrence
Event date	- plots yymmdd date at customizable event signals
Time filters	- Date & Intraday time filters, with user date/time inputs & sample application
Weekday counter	- weekday (Mon~Fri) counter with example code - count is independent of any missing chart data
Week counter	- calendar week counter from 01/01/0001 - count is independent of any missing chart data
Week of Year counter	- calendar week of year counter - count is independent of any chart periodicity or missing data
Week's start/end v2	- correct start & end of week signals for daily/intraday charts, independent of any missing chart data
Month start/end	- signals correct 1st & last trading days of month
Weekday of Month	- plots selected calendar weekday (Mon~Fri, 1~5) within month - useful for seasonality studies
Weekday Stats	- measures individual weekday performance - useful to determine micro-seasonal tendencies in any market
Week of Month v2	- plots selected calendar week (1~5) within month - useful for seasonality studies
Missing data indicator	- plots missing calendar trading days count found on any daily chart
Auto chart detector	- detects Daily/Weekly/Monthly/Quarterly/Yearly charts automatically - with application example
Periodicity marker	- collection of variable Nth-bar and Day/Week/Month/Quarter/Year signal indicators, with sample application

	• System/signal indicators
Trade signals v4.0	- removes multiple redundant entry & exit system signals and plots clean buy/sell trade signals.
Profit curve v3.0	- plots system (and Buy & Hold) profit % Long curve, max Drawdown %, clean entry/exit signals.
Profit - seasonal	- tests seasonal (Nov-April) market strength theory with two profit indicators and exploration
ATR trailing stop	- Long/Short ATR Chandelier trailing stop & signals - MetaStock & TradeSim versions
Std trailing stop	- Long/Short price trailing stop & signals - MetaStock, TradeSim & AdvTrailingStop plug-in versions
Profit/Loss Stop	- ProfitStop/StopLoss indicator example for use in self-referenced EntryPrice-related exit
Breakout	- Long/Short breakout system signals (similar to the Original Turtles Trading Rules) & Exploration
Countback Oscillator	- countback-type oscillator, complete with two types of entry/exit signals and fully adjustable.
Divergence v4	- class "A" (strongest bullish/bearish patterns) signals, price vs 4-indicator divergence
Drop/Bounce signals	- volatility & percentage based Price-Drop/Bounce system signal indicators, fully adjustable
EMA x3 crossovers	- triple EMA crossover (bow tie) system signals (Long/Short), fully adjustable
OBV volatility	- On Balance Volume Volatility, with multiple output choices and system indicator
Random signals	- fully adjustable random trade generator, complete with profit curve & report on four exit strategies
RoR	- Alan Hull's Rate of Return indicator set
AutoEnvelope	- Dr Alexander Elder's AutoEnvelope interpretation, with system signals
Force Index	- Dr Elder's Force Index, with original, normalized & momentum output choices
Impulse	- Dr Elder's Impulse system interpretation
Kangaroo tails	- Dr Elder's Kangaroo tail Long/Short signals
SafeZone	- Dr Elder's SafeZone Long/Short trailing stop & signals
System developer	- basic & intermediate examples of multiple-choice system development indicators
Pattern 01	- basic pattern system - profitable in 81% of ASX100 stocks and the SPI. Fully adjustable.

	• Explorations
52-week highs	- exploration for currently active, true 52-week high stocks
52-week lows	- exploration for currently active, true 52-week low stocks
Hi rise exploration	- exploration for highest percentage rise in share prices, multiple data outputs
Market cycles	- indicator & 2 exploration set to help determine average historical market cycles

	• Fun
RBS system	- renowned trader Ramona S takes the world by storm with her system based on famous Ramona Bands
BlackBox system	- typical million-dollar Black Box system, complete with instructions and hidden code ;)
Holy Grail MkIV	- Holy Grail MkIV system Long; funtastic profitability & low drawdowns
Elliot Waves	- complete set of Elliot Wave MetaStock code & "trading" methodology
C.L.O.S.E.	- complex-code indicator - sometimes more is less... ;)
Harmonics	- Harmonic pattern/stock correlator. Plot & scroll through stocks to find meaningful patterns.
Chart's eye	- keep an eye on your charts ;-)
Loose Lips	- new pattern - the charts speak
Probability addition	- check your numeracy skills with this simple MetaStock indicator

	• Getting started with MetaStock
MS tutorial I	- MetaStock basics part 1 - online video
MS tutorial II	- MetaStock basics part 2 - online video
Formula Primer	- the MetaStock Formula Primer explains the MetaStock Formula Language and how it works

	• MetaStock links
TC forum	- Traders' Consortium forum, the premier MetaStock forum & a great place to discuss trading strategies
TSD	- home of Trade System Designer, the ultimate versatile and powerful addon for MetaStock
MetaStock	- official Equis MetaStock site - it all begins here
TraderHelp.Net	- some handy MetaStock add-ins available here; author is an excellent MetaStock dll programmer
trader.online	- a great collection of categorized MetaStock formulae can be found here

	• MetaStock & other utilities
CleanUp v2.95	- freeware utility for cleaning ascii end-of-day update & data files
Adv Trail Stop	- Richard Dale's excellent Advanced Trailing Stop plug-in for MetaStock
MS data converter	- Mansoor's excellent MetaStock format <--> ascii text data conversion set of utilities
prob calculator	- simple probability calculator for warrants and options
position size calc	- Staybaker's excellent position size calculator

	• Data links
Economic Calendar	- real-time Economic Calendar
GICS table	- Global Industry Classification Standard (GICS) table of Sectors, Industry Groups, Industries & Sub-Industries
GICS data	- ASX 20~500 groups & 24 GICS Industry Group constituents data files, as used by the URSC kit & TradeSim
ASX turnover	- statistical data on average daily $ turnover for all active stocks in the ASX market as at start of 2006
Norgate	- the best quality source of world-wide data in Australia - used by the author
MasterData	- the only source for Index and ETF composite data for MetaStock
eoddata	- free end of day stock market quotes and historical data for many of the world's top stock exchanges

	• Other useful links
Forex strategy	- Intraday Forex trading strategy
TradeSim	- very good system/portfolio backtesting software - used by the author
Stator	- portfolio management software made by a reputable Australian author
Trading business	- excellent set of articles by Charlie Wright on developing and trading your own successful strategy
Turtles system	- the Original Turtles Trading Rules - a must read for any system developer/trader, experienced or otherwise
9 golden rules	- nine golden rules for developing a trading system by Perry Kaufman
System building	- excellent resouces on system building & backtesting, from statistician John Jonelis
TSA	- excellent technical analysis articles by the Trading Systems Analysis Group (TSA)
Soros speaks out	- excellent article by George Soros on "The Bubble of American Supremacy"
Psychology	- egocentric tendencies traders must avoid.

	• Pegasus (MetaStockTools.com predecessor) memorabilia
first day	- Pegasus' first day of trading in the new millenium
tech wreck	- Pegasus' track record in the dot.com boom/bust
early Pegasus	- way back in 2001... a blast from the past

	• All work and no play...
Einstein's advice	- see what Albert Einstein has to say about MetaStockTools.com
time 4 a break	- when not trading, you'll find Jose here (now living in KPG full-time)
office	- hard at work at MetaStockTools.com's office
view1 v2 v3 v4 v5	- more views from the office
Happy Planet Index	- (Life satisfaction x Life expectancy) / Ecological Footprint. How does your country fare?
perspective	- a recipe for success - try it!
Dilbert	- a day in the life of 95% of financial "educators" - courtesy of Dilbert.com
Integrity	- a rare an refreshing look at an industry that is too often dishonest - the financial industry.
Happiness	- excellent (pdf) article on the psychology of happiness, written by analysts at an investment bank!
secret of success	- how to get smarter, one breath at a time

Contrarian market entry signals

Seasonal market signals

USD Value Index - the true picture

Floating Currencies vs Gold

Live market charts

Free MetaStock section

- coding example of 2-point, x/y line plot - useful for creating automatic chart trendlines

- adjustable automatic trendline

- date-adjustable chart trendline

- plots a performance benchmark trendline based on a fixed % yearly growth rate - with several user inputs

- Linear Regression Trendline with Standard Deviation/Error Channels/Bands, date-adjustable

- true ADX/PDI/MDI, incorporating automatic Support/Resistance levels.

- true, reverse & MetaStock versions of smoothed/normalized Average True Range indicator

- displays chart data bar statistics, with multiple output choices

- counts bars since Nth event (last event, 2nd last, etc), with multiple output choices

- draws boxes based on high & low of selected period, and draws ellipses within them

- restricts any indicator plot to selected date period

- improved & fully adjustable Dynamic Momentum Index

- two Ergodic versions, histogram, auto overbought/sold levels & crossover signals output choices

- improved Exponential Moving Average with crossover signals output choice

- ATR volatility-adjusted, dynamic-period EMA with multiple output choice

- Bollinger Band volatility-adjusted, dynamic-period EMA with multiple output choices

- Breakout-sensitive EMA - reacts quicker (tightens) at price breakouts. With multiple output choices.

- cycle-adaptive EMA - periodicity determined by historical price cycles

- EMA, price-change filtered. Ignores prices outside min/max % price-change zone.

- EMA based on trough/peak support/resistance points - reacts quicker (tightens) at price turning points

- RSI volatility-adjusted, dynamic-period EMA with multiple output choices

- EMA synthetic slope indicator

- self-adjusting EMA, adjusts periodicity to trade frequency - with multiple output choices

- price volatility-adjusted, dynamic-period EMA with multiple output choices

- improved volume-adjusted, dynamic-period EMA with multiple output choices

- samples above/below-avg volume bars - two EMA versions, with multiple output choices.

- uses forward-referencing to center Mov Avg automatically, and projects future values & channels

- normalized, lag-less, sine-weighted Moving Average, MA oscillator, with divergence signals

- non-adaptive approximation of Mark Jurik's Moving Avg, with band signals and other options

- plots the highest High & lowest Low within selected calendar (daily charts) or time (intraday) periods

- Keltner & Bollinger Bands, fully adjustable with multiple output choices

- Linear Regression Indicator/Slope formulae

- Linear Regression synthetic slope, displays output in 0~100% or 0~90 degrees

- normalized MACD % & histogram, +/-100%, with multiple output choices

- Stochastic-normalized MACD oscillator / Schaff Trend Cycle, multiple output choices, signals

- normalized MACD oscillator based on composite multi-EMA's - with auto over-bought/sold levels

- normalized Momentum +/-100%, with trigger signals

- lag-less, LRS-smoothed normalized Momentum

- normalizes price/indicator to 0~100% boundary oscillator; normalizes two unrelated plots to same scale.

- plots 1~8th highest/lowest indicator values

- removes leading/trailing null (N/A) bars from any plot

- Daily Open/High/Low/Close (current or previous day's) for intraday charts

- true weekly Open/High/Low/Close/WC/Typ for daily/intraday charts, independent of any missing data

- Daily/Weekly/Monthly/Yearly previous Open/High/Low/Close for any periodicity charts

- detects the historically smallest traded price movement (pip) on a chart - useful for forex trading

- identical to MetaStock v10's RMO SwingTrd1 indicator, fully adjustable variables & two types of signals

- Rate of Change (RoC %/$) for daily/weekly/monthly/quarterly/yearly periodicities

- Rate of Change since user-defined event or date, fully adjustable outputs

- Rate of Change of MACD-type indicator - with automatic over-bought/sold levels

- rounds off any numerical value to nearest specified decimal place or integer

- sine-weighted smoothed RSI, automatic historically-valid RSI peak/trough boundaries & signals

- RSI, Stochastic-normalized with multiple output choices

- Schaff Trend Cycle oscillator & indicator, with automatic trigger levels

- accumulates OBV or Volume (or any other signal) between & including two user-input dates or signals

- two interpretations of the Siroc indicator, with trigger & automatic over-bought/sold signals

- plots price or indicator values in user-defined quantized $ or % steps

- plots Support & Resistance levels based on two types of Peaks/Troughs, fully adjustable

- 5-wave synthetic cycle generator - creates complex price patterns from simple sine wave components

- multiple-type Triple Moving Average (TEMA), fully adjustable output

- True Strength Index, fully adjustable & with automatic over-bought/sold levels.

- measuring $ turnover makes more sense than comparing Volume - multiple outputs

- measures Up/Down bar count against unchanged bars. With automatic over-bought/sold levels and signals

- Averages Volume along Up/Downside swings - with multiple output choices

- true weekly EMA/SMA & trigger signals for daily/intraday charts. Independent of any missing data.

- true weekly MACD/Histogram for daily/intraday charts. Plot independent of any missing data.

- yearly High & Low, with multiple output choices.

- yearly High & Low signals, and corresponding dates in dd/mm/yy format.

- true YearToDate Highs & Lows - choice of values, signals, selectable Nr of lookback days/weeks.

- yearly Rate of Change (RoC), with multiple output choices.

- complete ZigZag-based toolkit - allows use of points in Peak/Trough functions. With multiple output choices.

- ZigZag based on High/Low data. With multiple output choices.

- the original and unique MetaStock Lunar indicator - plots accurate Full/New/Q1/Q4 Moon signals