Trading Strategies from Active Trader Magazine
MAMA-FAMA
The MAMA and FAMA indicators cannot be calculated correctly using just the MetaStock formula language. Therefore, an external DLL was created to calculate these indicators. Only MetaStock 7.0 and later can use external DLL files. If you do not have this version, an upgrade will be required to use the formulas below.
Save the file, MAMA.DLL, in the "External Function DLLs" sub-folder inside the MetaStock Folder. Then, the below formulas can be entered into the system tester.
Enter Long:
fa:=ExtFml("MAMA.FAMA", (H+L)/2, 0.5, 0.05);
ma:=ExtFml("MAMA.MAMA", (H+L)/2, 0.5, 0.05);
Cross(ma,fa)
Close Long:
fa:=ExtFml("MAMA.FAMA", (H+L)/2, 0.5, 0.05);
ma:=ExtFml("MAMA.MAMA", (H+L)/2, 0.5, 0.05);
Cross(fa,ma)
Contents
- 100-20 Channel Breakout System
- 4-Week Breakout
- 60-minute Breakout System
- Another Oddball System
- 'Blood in the Street' System
- CMO StochRSI
- Commodity Channel Index System
- Experimenting with Exits
- Glitch Index
- ITC – Weekly
- Keltner Classic System
- Lazy Gainer
- MAMA-FAMA
- May-October System
- MFI Timing System
- Monthly Breakout
- One Night Stand
- Opening Range Breakout
- PGO System
- QQQ Crash
- RSI Trend System
- Trend with Pattern Entry System
- Triple Screen SMA System p44
- Triple Screen SMA System p54
- Two-bar Breakout System (futures and options)
- Two-bar Breakout System (stocks)
- WMA Crossover
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