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Re:New indicator



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[Perhaps your misunderstanding is the last day of your data.
As you see from gif, for that last day prices are equal.
Why?
Because, whithout data for tomorrow, the program gives for
ref(close,1) the available today?s price.
(In my opinion, it should indicate an {empty} value, because
ref(close,+1) exists for all previous days except the last one)
I do not know how it is designed, I know how it works.]

Anyway, the simple line for today?s close is
c1=c;
I hope this is more clear now.
Please note here that ref(close,+5), which is the close +5 days later
than examined day, has NOT ANY meaning for the last 4 days, no
matter if it is on your gaph and no matter if it gives you results in any
calculation. It SHOULD be handled with care.

Dimitris Tsokakis



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<DIV><FONT size=2>Anthony,</FONT></DIV>
<DIV><FONT size=2>"c1 = ref(close,0); which made no difference to the 
calculations as<BR>when I had <BR>c1 = ref(close,1);"</FONT></DIV>
<DIV><FONT size=2>This is not correct.</FONT></DIV>
<DIV><FONT size=2>ref(close,0) is the close 0 days ago, ie today</FONT></DIV>
<DIV><FONT size=2>ref(close,1) is the close 1 day ahead, ie 
tomorrow</FONT></DIV>
<DIV><FONT size=2>It makes difference to the calculation.</FONT></DIV>
<DIV><FONT size=2>See att. gif.</FONT></DIV>
<DIV><FONT size=2>The two above functions are plotted on the same 
graph.</FONT></DIV>
<DIV><FONT size=2>Curves are different.</FONT></DIV>
<DIV><FONT size=2></FONT>&nbsp;</DIV>
<DIV><FONT size=2>[Perhaps your misunderstanding is the last day of your 
data.</FONT></DIV>
<DIV><FONT size=2>As you see from gif, for that last day prices are 
equal.</FONT></DIV>
<DIV><FONT size=2>Why?</FONT></DIV>
<DIV><FONT size=2>Because, whithout data for tomorrow, the program gives 
for</FONT></DIV>
<DIV><FONT size=2>ref(close,1) the available today&acute;s price.</FONT></DIV>
<DIV><FONT size=2>(In my opinion, it should indicate an {empty} value, 
because</FONT></DIV>
<DIV><FONT size=2>ref(close,+1) exists for all previous days except the last 
one)</FONT></DIV>
<DIV><FONT size=2>I do not know how it is designed, I know how it 
works.]</FONT></DIV>
<DIV><FONT size=2></FONT>&nbsp;</DIV>
<DIV><FONT size=2>Anyway, the simple line for today&acute;s close is</FONT></DIV>
<DIV><FONT size=2>c1=c;</FONT></DIV>
<DIV><FONT size=2>I hope this is more clear now.</FONT></DIV>
<DIV><FONT size=2>Please note here that ref(close,+5), which is the close+5 
days later</FONT></DIV>
<DIV><FONT size=2>than examined day, has NOT ANY meaning for the last 4 days, 
no</FONT></DIV>
<DIV><FONT size=2>matter if it is on your gaph and no matter if it gives you 
results in any</FONT></DIV>
<DIV><FONT size=2>calculation. It SHOULD be handled with care.</FONT></DIV>
<DIV><FONT size=2></FONT>&nbsp;</DIV>
<DIV><FONT size=2>Dimitris Tsokakis<BR><BR></DIV></FONT></BODY></HTML>

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