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Q: Would it be possible to add the Kase DevStop as a DYO/Template at some point?
Here is a link to the formula and an explanation of the methodology: http://trader.online.pl/MSZ/e-w-Kase_DevStop.html
The second formula, Kase DevStop II, appears to be more complete.
Below is an additional link to the developers 7 page paper explaining the rationale and formulas used in the calculation of the Kase DevStop and the Kase Peak Oscillator: http://www.kaseco.com/articles_etc/white_papers/Kase%20StatWare.pdf
Here is another link to a much more detailed paper on the Kase DevStop, explaining the statistical side of it:
And finally, here is a link to a video that explains the Kase DevStop: http://esignal.breezecentral.com/p55607051
Thanks for considering adding this indicator to Ensign.
A: Here is my implementation of the Kase DevStop formulas given in your first link. An explanation follows.
Template: 1338-KaseDevStop
Line A calculates the HHV(H,2) portion. Line B calculates the LLV(L,2) portion. Line C is the spread of these two values.
Line D is the Average of Line C, which is AVTR = MOV(HHV(H,2)-LLV(L,2)) using a period of 20.
Line E is the Standard Deviation of the same spread, SD = STD(HHV(H,2)-LLV(L,2)) using a period of 20.
Line F is the High - AVTR, which Line G uses to find the highest value over 20 periods. This is plotted using the Red line.
Line H is the expression (High - AVTR - SD), which Line I uses to find the highest value over 20 periods. This is plotted using the Pink line. 
Line A is the expression (High - AVTR - 2.2*SD), which Line B uses to find the highest value over 20 periods. This is plotted using the Blue line.
Line C is the expression (High - AVTR - 3.6*SD), which Line D uses to find the highest value over 20 periods. This is plotted using the Brown line.
Template: 1338-KaseDevStop Last modified 8/8/08 11:23 AM |