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Hi friends,
The following is the metastock indicator formula.
Can somebody convert this formula into AFL.
Stop1:=If( PREV < L,
If(( H - 4.5*ATR(21) ) >= PREV,
( H - 4.5*ATR(21) ),
PREV),
( H - 4.5*ATR(21) ));
Stop2:=If( PREV < L,
If(( C - 3.5*ATR(21) ) >= PREV,
( C - 3.5*ATR(21) ),
PREV),
( C - 3.5*ATR(21) ));
StopLong:=If(Stop1>Stop2,Stop1,Stop2);
Stop1:=If( PREV > H,
If(( L + 4*ATR(21) ) <= PREV,
( L + 4*ATR(21) ),
PREV),
( L + 4*ATR(21) ));
Stop2:=If( PREV > H,
If(( C + 3.5*ATR(21) ) <= PREV,
( C + 3.5*ATR(21) ),
PREV),
( C + 3.5*ATR(21) ));
StopShort:=If(Stop1<Stop2,Stop1,Stop2);
If( ((Year()<=2008) OR (Year()=2009 AND Month()<=04 AND DayOfMonth()<=31)),
If((BarsSince(L<Ref(StopLong,-1))>BarsSince(H>Ref(StopShort,-1)) ),StopLong,StopShort),C);ort),C);
thanks for your help in advance
regards
perumal
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