Fidelity Select Chemical Fund Metastock Indicators Forex Trading Systems - XEATrade - Metatrader, Metastock, Tradestation, Amibroker

Description: Here's how to implement the alphaindicator using bonds and the Fidelity Select Chemical Fund as describedin Frank Ritchie's article, "An alpha indicator for bonds." First, open chartsof Treasury bonds and the Fidelity Select Chemical Fund (FSCHX) and chooseTile from the Window menu so that both charts are visible. Drag the price plot from the FSCHX chart and drop it on the heading of the T-bond chart. The T-bond chart should now have one inner window with T-bonds and another inner window with the Fidelity Select Chemical Fund.

Fidelity Select Chemical Fund

Mov((Sum(Log(C / Ref(C,-1)),9) - (((9*Sum(Log(C / Ref(C,-1)) *
Log(P / Ref(P,-1)),9)) - (Sum(Log(C / Ref(C,-1)),9) * Sum(Log(P /
Ref(P,-1)) ,9))) / ((9*Sum(Pwr(Log(P / Ref(P,-1)),2),9)) - Pwr(Sum(Log(P/ Ref(P,-1)),9),2)) *
Sum(Log(P / Ref(P,-1)),9))) / 9,12,SIMPLE)

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