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Marking High / Low

System for: MetaStock


 

 

Views:  1897

Added: February 09, 2007
 
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marking high / low on a chart
To: metastock-list@xxxxxxxxx
Subject: marking high / low on a chart
From: michael.arnoldi@xxxxxxxx (MICHAEL J ARNOLDI)
Date: Sun, 1 Jun 1997 13:54:21 -0400
Resent-Date: Sun, 1 Jun 1997 12:17:22 -0600
Resent-From: metastock-list@xxxxxxxxxxxxx
Resent-Message-Id: <"WxGFT3.0.jO3.noRap"@mail.equis.com>
Resent-Sender: metastock-list-request@xxxxxxxxxxxxx

a marker to indicate the current trend in a stock can be written as follows:

 

the way i do it is as follows:

i write each formula as an indicator.
i use the standard method of plotting a new indicator. (drag & drop) for each formula.
now i will have 2 new windows above the price plot - both showing long horizontal lines with a spike in some locations.
i edit the buy to be in green & then reconfigure it into a histogram with the next thicker line (to see easier).
i edit the sell to be in red & then reconfigure it into a histogram with the next thicker line (to see easier).
i drag the buy into the sell window and close the remaining empty window.

now i have vertical markers above the price chart indicating the low & high price points.
(note: in between the vertical lines you will have horizontal dots - ignore them)

mike

373

 

 



Code:

Marking High / Low

buy:

Alert(TroughBars(1,L,3)=0,0)

sell:

Alert(PeakBars(1,H,3)=0,0)


 






Author: Michael Arnoldi
Source: http://purebytes.com/archives/metastock/

 

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