[amibroker] What Equity() does wiht its different flags 0, 1, 2

["Gary A. Serkhoshian" <serkhoshian777@xxxxxxxxx>]

Hello all,
 
Thought to share some learnings for those needing further clarity on exactly what the difference is in flag 0, 1, and 2 for the Equity function.
 
Here's the headline:  it has everything to do with plotshapes and little else.  All three flavors offer the same values for equity.  What Equity(1) does is exrem the buys and sells for you so that your plotshapes will show up only on the day of the buy or sell.  Equity(2) exrems and adds the delay.  Equity(0) does no exreming or delaying so that you'll get a plotshape for every day you are on a buy or sell.
 
Well, that's it.  For me it was a mystery solved as I really thought there was something more going on with the three flavors.
 
Hope this helps and see code below to illustrate,
Gary
 
Buy = Cross(MACD() , 0);
Sell = Cross(0, MACD());
 
WhichEquity = Param("Which Equity Flavor 0 - 2?", 0, 0, 2, 1);
 
if (WhichEquity == 1)
{
   MyEquity = Equity(1);
}
 
if (WhichEquity == 2)
{
  MyEquity = Equity(2);
}
 
if (WhichEquity == 0)
{
  MyEquity = Equity();
}
 
Plot(Equity, "Equity", colordefault, styleline);
PlotShapes(Buy * shapeuparrow + Sell * shapedownarrow,
                  Buy * colorbrightgreen + Sell * coloryellow, 0,
                  Buy * L + Sell * H, -15);
 
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