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MetaStock Indicator - Rule of 7 Oscillator

Rule of 7 Down Objective
If((ROC(C,12,%)>-1.5),If((ROC(C,12,%)>-3),
If((ROC(C,12,%)>-4.5),((H-(H-L)*1.75)),((H-(H-L)*2.33))),((H-(H-L)*3.5))),(H-(H-L)))

Rule of 7 Up Objective
If((ROC(C,12,%)>1.5),If((ROC(C,12,%)>3),
If((ROC(C,12,%)>4.5),(((H-L)*1.75)+L),(((H-L)*2.33)+L)),(((H-L)*3.5)+L)),((H-L)+L))

Rule of 7 Oscillator
Fml("Rule of 7 UP Objective") -
Fml("Rule of 7 DOWN Objective")
   

  

  

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