|
PureBytes Links
Trading Reference Links
|
Just got this note from Equis about that multi-period indicator exploration
and system test issue that I got rabid about a couple weeks back. (I still
owe the two contest winners that prize I promised. I haven't forgotten.)
I haven't had time to determine if, in fact, what is proposed here provides
for the functionality that I believe is essential vis-a-vis multi-period
indicator explorations and system tests. I'm hoping to get to it within a
week and will provide my opinion (with associated graphics) when I figure
out what my opinion is.
In the meantime, there may be others who also may want to develop an opinion
about it and I forward this note to the list so members may develop their's
as well...
Focusing on and learning to trade those 1, 5, 10, 30, 60 minute, and daily
bars...I am...
Steven Buss
Walnut Creek, CA
sbuss@xxxxxxxxxxx
-----Original Message-----
From: Bill Forman <wforman@xxxxxxxxx>
To: 'sbuss@xxxxxxxxxxx' <sbuss@xxxxxxxxxxx>
Date: Friday, February 13, 1998 1:29 PM
Subject: Multi-period indicators in one chart
>Steve,
>
>I wanted to get back to you previously on the multi-period indicators in
>one MetaStock chart, but I lost your email address. It is possible but
>it takes two separate data files. Since you probably collect from a
>flat rate data vendor it will not cost you any more expense to have two
>data files.
>
>1) Create a daily data file.
>2) Create a weekly data file.
>3) Open both charts and plot the indicator you want.
>4) Drag the weekly indicator into the daily chart. It will stay weekly
>and plot on Friday in the daily chart.
>5) Save this as a CHART, not a SmartChart.
>6) Whenever you want to view this multi-period indicator, load the
>Chart.
>
>MetaStock will mix the time frames, but the indicator must be calculated
>from the actual time frame, not from data compressed to a different time
>frame. The data really isn't changed, just calculated and displayed.
>So if you drag a calculation back into the other compression, it will
>revert back to its "native" values.
>
>Bill Forman
>Customer Support Manager
>Equis International
>
>
|