 log in  sign up for free |
 |
|
 |
 |
 |
 |
|
|
|
 |
|
 |
|
 |
|
|||||||||||||||||||
|
|||||||||||||||||||
|
|||||||||||||||||||
| Special offer: buy MetaStock (try for free) | Reuters QuoteCenter Real-Time Data (get a free month) | EOD Data |
|
|
|
Reply To: metastock@xxxxxxxxxxxxx Sent: 13 March 2000 20:47 To: metastock-list@xxxxxxxxxxxxx Subject: Stop Loss Hi As a new comer to metastock I would like to know how to plot an Indicator 20% below a line chart, as a stop loss. Also how to start it at a specific date. Thanks in advance. wallie. Close - 0.2 * Close (1 - 0.2)Close 0.8 * Close === Stop Loss · To: "'metastock@xxxxxxxxxxxxx'" · Subject: === Stop Loss · From: "Kolade, Adeniyi" · Date: Tue, 14 Mar 2000 12:16:51 -0000 · Reply-To: metastock@xxxxxxxxxxxxx · Sender: owner-metastock@xxxxxxxxxxxxx Plot Either of these end Close - 0.2 * Close, (1 - 0.2)*Close, 0.8 * Close, In order to get it to start at a specific date say 12/05/1999 in dd/mm/yyyy format (sorry, I live in the uk) use the following syntax for example (1 - 0.2)*Close And ( (Day >= 12 And Month >= 5 And Year = 1999) Or/And (Month >= 5 And Year = 1999) Or/And) Year >= 2000 ) (Where I have written (Or / And) try either I can't remember which is the right one to use, I think its Or.) The syntax for date comparisions in Metastock is exasperating and I have mentioned this to Equis Support, with no reply However, if you do not go through the 'exasperation' that I have writtenabove you will most likely come up with wrong results. It happened to melast thursday, that's why I can tell you. I'll try and send you the code for what I was doing after lunch or tomorrow ade Kolade Synopsys Limited Tel: +44 (0)0207 250 1990 Fax: +44 (0)0207 553 4713 Email: adeniyi.kolade@xxxxxxxxxxxxxxx www http://www.synopsys.ltd.uk [17752] Re: Stop Loss · To: metastock@xxxxxxxxxxxxx · Subject: Re: Stop Loss · From: "j seed" · Date: Tue, 14 Mar 2000 14:57:30 GMT · Reply-To: metastock@xxxxxxxxxxxxx · Sender: owner-metastock@xxxxxxxxxxxxx Wallie, Pie of cake! First go to the Indicator Builder...click on new...name your new indicator (Wallie's 20% Stop Loss Indicator). Now the hard part...how does your original indicator plot? Is it an oscillator or a simple line study? Oscillators plot above and below a specific point usually zero. Line studies plot price values. If you are willing to accept a value that is 80% of your original indicator value then go to functions and select your indicator (ie. let's use CCI(14)...) Finally, we want a value of 80% so we'll multiply by .80 . So here's your indicator: W20SLI CCI(14) * .80 You may also want to use the other side of the equation by multiplying by 120%; so your indicator would be: CCI(14) * 1.20 You can plot both lines at the same time in the same indciator by defining them in an indicator as follows: Code:
 all formulas for MetaStockall formulas
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
|
| However we try to maintain hiqhest possible level of service - most formulas, oscillators, indicators and systems are submitted by anonymous users. Therefore S4T™ does not take any responsibility for it's quality. If you use any of this information, use it at your own risk. You are responsible for your own trading decisions. Be sure to verify that any information you see on these pages is correct, and is applicable to your particular trade. In no case will S4T™ be responsible for your trading gains or losses. |
|
|
|
|
|
|
|
