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Details:

Formula name: AccuTrack

Author/Uploader: Salil V Gangal - salil_gangal [at] yahoo.com
Date/Time added: 2003-09-12 12:50:01
Origin: FastTrack
Keywords: AccuTrack
Level: basic
Flags: indicator
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Description:

// AccuTrack Compares performance of two securities
// The basic idea is to switch between the two securities
// AccuTrack was developed by FastTrack (fasttrack.net)
Formula:

// AccuTrack Compares performance of two securities
// The basic idea is to switch between the two securities
// AccuTrack was developed by FastTrack (http://fasttrack.net)

// Following is the Indicator Builder Formula

fnd = Name();
ind = "FDRXX"; // FDRXX is money market fund, so the comparison is done
with cash.
fund = Foreign(fnd, "Close");
index = Foreign(ind, "Close");

fast = 6;
slow = 24;
RawAT = EMA((EMA(ROC(fund,1), slow) - EMA(ROC(index,1),slow)),fast);
tradeAccuTrack = RawAT * 265;
Plot(tradeAccuTrack, "tradeAccuTrack", colorBlue, styleLine);

Title = Date()
+ " Trade AccuTrack of "
+ fnd
+" / "
+ ind
+ " = " + WriteVal(tradeAccuTrack, 1.2) + " ";

GraphXSpace = 2;